What Is a Woodland Bank?
What Is a Woodland Bank?
When people first hear about NeighbourWood, they understand the homes quickly — net-zero, certified to the highest residential energy standard, heated by the earth, powered by the sun. Good homes.
The Woodland Bank takes a moment longer. But it’s the piece that makes everything else work.
A note on language: The Woodland Bank model is fully designed and ready for implementation. The NeighbourWood Stewardship Trust (NST) will be established as part of our pilot. Throughout this post, we describe how the model works as designed — some elements are operational, others will be established as we build.
The Simple Version
The Woodland Bank is permanent native Irish woodland that will be held in freehold by an independent trust. It can never be sold, developed, or converted. It grows. It restores. It thrives. Forever.
Every NeighbourWood home will be permanently linked to the Woodland Bank through a binding legal covenant. Your Woodland Stewardship Fee funds it. Your family has access to it. The environmental value it generates — carbon sequestration, biodiversity uplift, water quality improvement — is what makes the entire model economically viable.
How It’s Established
The NeighbourWood Stewardship Trust (NST) will acquire agricultural land — typically 10–20 km from the residential sites it serves. The location is chosen for ecological optimisation: the right soil type, drainage, connectivity to existing habitats, and access for homeowners and the public.
NST will then establish native Irish woodland following DAFM (Department of Agriculture) guidelines, guided by Irish ecologists and the DAFM’s native woodland establishment standards. The species mix includes oak, birch, Scots pine, rowan, holly, hazel, alder (riparian zones only), and willow — the trees that defined Ireland’s landscape for thousands of years. Today, native woodland represents just 2% of Ireland’s already sparse 11% forest cover. The opportunity to restore what was lost is immense.
A single Woodland Bank can grow to 20 hectares or more over time. At the 10:1 ratio, that would support up to 200 homes across multiple residential developments. By setting a maximum of 10 homes per hectare of Woodland Bank, the 10:1 Model preserves the density of connection between homes and woodland.
What Funds It
The Woodland Bank has three funding sources — designed so it never depends on any single one.
DAFM afforestation grants. The Irish government provides grants for native woodland establishment. These cover a significant portion of upfront planting and maintenance costs for the first 15 years.
Woodland Stewardship Fee. Every homeowner pays €850 per year, flowing directly to NST. This funds ongoing woodland management, access infrastructure, community programming, and long-term stewardship. It’s the endowment that keeps the woodland thriving in perpetuity.
Environmental credit license fee. NWC will hold a 99-year exclusive license to all environmental credit rights on Woodland Bank land. NWC will pay NST a 10% license fee on net credit proceeds — creating aligned incentives. NWC succeeds when the woodland succeeds.
What It Generates
A Woodland Bank isn’t just trees. Over decades, it generates measurable, verifiable environmental value across three dimensions.
Carbon Sequestration
Native Irish woodland sequesters significant carbon over its lifetime. Conservative estimates based on third-party ecological guidance for native Irish woodland establishment:
- Years 1–10: 50–80 tonnes CO₂ per hectare as trees establish
- Years 11–50: 150–250 tonnes CO₂ per hectare as canopy closes and growth accelerates
- At maturity (100 years): 400+ tonnes CO₂ per hectare stored
A 5-hectare pilot Woodland Bank would sequester 250–400 tonnes of CO₂ in its first decade alone — and that rate increases substantially as the woodland matures over its first 30–40 years.
This isn’t speculative. Carbon sequestration in native woodland is well-documented by Coillte, Teagasc, and international forestry science. The difference is that NWC’s Woodland Bank will have permanent legal protection, third-party verification, and a direct link to the homes it serves.
Biodiversity Uplift
Converting agricultural grassland to native woodland creates one of the most significant biodiversity uplifts available in the Irish landscape. The transition supports hundreds of species — from soil fungi and ground flora to insects, birds, and mammals — that intensive agriculture cannot.
Under the EU Nature Restoration Law, member states must restore degraded ecosystems by 2030. Under the UK’s Biodiversity Net Gain regulations, developers must demonstrate a 10% net gain. The Woodland Bank delivers measurable, verified biodiversity outcomes that serve both frameworks.
Water Quality
Native woodland naturally filters rainfall, reduces surface runoff, prevents erosion, and protects catchment areas. In a country where water quality in rivers and lakes has been declining for decades — largely due to agricultural intensification — permanent woodland is one of the most effective restoration interventions.
These aren’t abstract benefits. They’re measurable outcomes with growing economic value through environmental credit markets, corporate partnerships, and regulatory compliance.
Your Connection to the Woodland
This is the part that matters most.
Every NWC homeowner will have a permanent, legally-protected connection to the Woodland Bank. Not a vague affiliation. A real, personal connection.
Dedicated access. The Woodland Bank is yours to visit, walk through, and explore. Trails, access points, and signage will be maintained by NST as part of the stewardship programme.
Allocated section. Each home is linked to a specific area of the Woodland Bank. It’s your section — not in the sense of ownership, but in the sense of connection. You know exactly which trees your stewardship fees support.
Seasonal programming. Guided walks, wildlife surveys, wildflower identification, community planting days, children’s forest school programmes. The woodland isn’t a backdrop. It’s an active part of your life.
Documented outcomes. You will receive reports showing the carbon sequestered and biodiversity outcomes generated by your Woodland Bank section. You can see what your stewardship fee achieves.
Home Affordability Fund. As environmental credit revenue matures — which we expect from Year 5 onward — 25% of all credit proceeds will fund the Home Affordability Fund, making future homes more affordable. Every woodland we restore will help make homes more affordable. Our nature pays it forward.
Why It’s Independent
The NST will be structured as an independent company limited by guarantee with an irrevocable asset lock and conservation covenant.
This matters. If NWC ceases to exist — for any reason — the Woodland Bank continues. The asset lock means the land cannot be sold or converted. The conservation covenant provides a second layer of legal protection. The WSF endowment from homeowners funds ongoing management independently of NWC’s operations.
The woodland is designed to outlive any company. That’s the point.
Why Not Just Plant Trees?
Anyone can plant trees. What makes the Woodland Bank different is the permanence and the connection.
Most afforestation schemes plant fast-growing commercial species — Sitka spruce, typically — and harvest them in 30–40 years. It’s forestry, not restoration. The ecological value is limited and temporary.
The Woodland Bank is permanent native woodland. No harvest. No conversion. No expiry date. And it’s connected to homes through a legal covenant that ensures funding in perpetuity.
Every home sold adds to the endowment. Every year that passes deepens the ecological value. The Woodland Bank doesn’t just grow trees. It grows a permanent natural asset that becomes more valuable — ecologically and economically — with every decade.
The Scale Ahead
Our pilot Woodland Bank will be 2–5 hectares. That’s the beginning.
By Year 5, we expect to manage 35+ hectares of permanent native woodland. By Year 10, our target is 106 hectares across multiple Woodland Banks in Ireland — which would make it one of the largest privately-funded native woodland restoration programmes in the country.
Your children will walk through woodland that exists because your home exists.
That’s the Woodland Bank.
Learn more about how the 10:1 Model works, or register your interest in Ireland’s first net-zero woodland community.