Oireachtas Joint and Select Committees

Wednesday, 25 January 2023

Joint Oireachtas Committee on Agriculture, Food and the Marine

Forestry Policy and Strategy: Department of Agriculture, Food and the Marine

Photo of Matt CarthyMatt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source

Protections for the investors in respect of, for example, invasive diseases or anything else impacting on the forestry crop, such as natural disasters. Generally speaking, when investment funds enter negotiations, if they are dealing with people who are not up to them, they can be good at putting in clauses that ensure that they are protected from any potential loss as opposed to the people who they are in partnership with. Has the Minister assurances from Coillte that the State will not be left on the hook for things like incidents such as ash dieback and that the investors will take the hit, as would be normal?

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