16/02/2024 (Agence Europe) – On Friday, 16 February, the European Commission announced that it had approved a French scheme worth €720 million. Falling under the ‘forestry renewal’ section of the ‘France 2030’ investment plan, this scheme is designed to support the forestry sector so as to fund the prevention of and restoration from damage caused to forests – specifically, damage caused by fires, natural disasters, adverse climatic events, or even events related to climate change between 2023 and 2029. Companies that pursue efforts to prevent and restore damage will receive aid in the form of direct grants covering up to 100% of eligible costs. The scheme will run until 31 December 2029. (EV)