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Mountain spruce forests in Central Europe decline under storms and bark beetle calamities driven by climate change. A stabilisation by planting rare or missing tree species is expensive and requires funding. A funding policy should mitigate climate change and support biodiversity. The goal of this study was to identify a conversion strategy of even-aged spruce-dominated forest stands to uneven-aged mixed stands with spruce (Picea abies (L.) H.Karst.), beech (Fagus sylvatica L.), and fir (Abies alba Mill.). A simultaneous nonlinear optimisation of the number of planted trees and harvested trees per species and per period schedules stand treatments aiming to maximise the long-term financial outcome. Planting modelling extends a density-dependent stand-level matrix transition model based on diameter classes with an age-class-based model for artificial regeneration. An optimal conversion strategy was applied for five funding policy schemes, each for five initial states representing different stages of age and species composition typical for spruce forest conversion in the mountain zone of the Western Carpathians. Only 50% and higher funding of planting costs for the minor/missing fir and beech species facilitates a substantial increase of their shares in stand volume. Funding decreases the volume failure due to mortality. Funding increases the standing and harvested volume, which mitigates climate change by increasing the carbon sequestration. Funding causes unintended effects on ecosystem services by lowering harvest diameters, decreasing the volume of less profitable beech, and temporarily reducing the stand density aimed at supporting plantings and their diameter increments. [ABSTRACT FROM AUTHOR]