Thu. Sep 19th, 2024

Brussels, 28 October 2022

Today, the CAP strategic plans for Croatia, worth around €3.4 billion; Slovenia, around €1.2 billion; and Sweden, around €4.5 billion, were approved by the Commission. The three plans represent a budget of close to €9 billion, including €2.7 billion dedicated to environmental and climate objectives and eco-schemes, and €227 million for young farmers. All three plans have a strong environmental dimension. Slovenian’s plan will support, among other things, the production of renewable energy from agriculture, enabling farmers to invest in biogas, biomethane and geothermal wells for their own needs. The Croatian plan decided to address the agricultural emissions that are mainly stemming from soil and manure management, while the Swedish plan puts a strong focus on carbon sequestration, biodiversity and valuable grasslands, as well as increasing knowledge about sustainable production. The new Common Agricultural Policy (CAP), set to start on 1 January 2023, is designed to shape the transition to a sustainable, resilient and modern European agricultural sector. Under the reformed policy, funding will be more fairly distributed among farms, with emphasis on small and medium-sized family farms, as well as young farmers. Moreover, farmers will be supported to take up new innovations, from precision farming to agro-ecological production methods. By supporting concrete actions in these and other areas, the new CAP can be the cornerstone for food security and farming communities in the European Union. The CAP will benefit from €270 billion in funding for the 2023-2027 period. More information on each Plan as well as the breakdown of their CAP budget is available in the “at a glance” documents and more information are available online.

Source – EU Commission

Forward to your friends