The Woodland Carbon Guarantee is an incentive scheme to help accelerate woodland planting rates across
England. These new woodlands will permanently remove CO2 from the atmosphere.
The guaranteed price for your CO2 is agreed with the government through an online reverse auction. In order to bid in the auction, the applicant need to calculate how much money will be needed(per tonne of CO2) to the planting project be viable and worthwhile. If the bid is successful in the auction, the government will buy the CO2 for the bid price.