The Woodland Nature Markets Strategy Board is responsible for guiding the strategic and operational development of the Woodland Carbon Code in line with the memorandum of understanding on Cross-Border Provision of Forestry Functions and Research Delivery.
The priority of the Woodland Nature Markets Strategy Board is the Woodland Carbon Code, but the future development of markets in other woodland ecosystem services is also in scope.
The Woodland Nature Markets Strategy Board focuses on decisions and guidance that require senior level agreement across the forestry authorities.
Specific tasks of the Woodland Nature Markets Strategy Board include:
- Reviewing progress of the Woodland Carbon Code on delivery, promotion and development as set out in the cross-border Memorandum of Understanding, and reporting annually to the Forestry Governance Group
- Aligning the operation of the Woodland Carbon Code with forestry policy across the countries of the UK and with best practice in carbon and nature markets
- Ensuring suitable competence over its functions, in line with the responsibilities of ministers
- Setting the strategic direction and scope of the Woodland Carbon Code, including in relation to government policies and associated instruments