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The aim of the conference, which took place in the context of a grave general economic situation and a critical time for the forestry industry, was to see how important wood production industry might be promoted in reconciliation with the needs of nature conservation and amenity, and to what extent these objectives might be achieved within the framework of current and adumbrated taxation legislation.

The aim of the conference was to provide an opportunity for the examination as a whole of the financial framework of incentives, disincentives, subsidies, compensation and taxation within which farmers, foresters and landowners might or might not be encouraged to conserve the countryside.

The initiative for holding the conference was taken by the Timber Growers' Organisation and held jointly with the RSA. It was prompted by growing consciousness of the increasingly urgent need to expand timber production in Britain to the fullest extent compatible with the due interests of other land usages, hence the necessity for a national forestry strategy. It was hoped that this meeting of all the many interests involved might point the way towards defining such a strategy.

The purpose of this seminar was to discuss the benefits of funding environmental interests and the important contribution that grant-making trusts can make in supporting research and development in environmental protection technologies, and in the increasing public awareness and understanding of this very important subject.