The Millennium Forests project started in 2000, in celebration of the new millennium and the 70th anniversary of both the Icelandic Forestry Association and Kaupthing Bank. Five areas were selected for the project, one in each region of Iceland (see map): Reykholt (W-Iceland), Gaddstaðir (S-Iceland), Holt and Skriðnafell (Westfjords), Steinsstaðir (N-Iceland) and Landnyrðingsskjólbakkar (E-Iceland). In 2000 members of regional forestry associations, along with volunteers, planted one tree for each Icelander, or over 280 thousand trees. Kaupthing Bank sponsored the plants and fertilizer. The Millennium Forests are intended to be a living monument, marking both a milestone in history and a major anniversary for the two main partners, the Icelandic Forestry Association and Kaupthing Bank. The future goal for these five areas is to establish them as popular recreational areas for the general public, through further development of facilities and their promotion.