The EU and its member states will spend over \u20ac191 billion by 2020 to help the bloc\u2019s farming sector go green.<\/p>\n
The budget of the European Common Agricultural Policy is divided into two pillars: direct payments to farmers, and a fund for rural development. Member states are entitled to transfer money from one pillar to another. Such a decision needs to be communicated by 1 August, 2017, and will be applicable for the 2019-2020 financial year.<\/p>\n
An estimated 21% of these direct payments is earmarked for agricultural practices beneficial to the climate and the environment.<\/p>\n
For instance, France will use \u20ac10.8 billion from the first pillar in order to green its farming, followed by Germany (\u20ac7.3 billion) and Spain (\u20ac7.26 billion).
\nThe Rural Development Programme (RDP) of the new CAP will play a major role in modernising the EU\u2019s farming sector.<\/p>\n
The EU\u2019s contribution is \u20ac51.4 billion, while the total amount of member states contributions reaches \u20ac77.8 billion.
\nMember states are urged to invest in measures to restore, preserve and enhance ecosystems, promote resource efficiency and support the shift towards a low carbon economy.<\/p>\n","protected":false},"excerpt":{"rendered":"
The EU and its member states will spend over \u20ac191 billion by 2020 to help the bloc\u2019s farming sector go green. The budget of the European Common Agricultural Policy is divided into two pillars: direct payments to farmers, and a fund for rural development. Member states are entitled to transfer money from one pillar to […]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[5838,5829],"supplier":[5585],"class_list":["post-35917","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-bioeconomy","tag-economy","supplier-european-union"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/35917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=35917"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/35917\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=35917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=35917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=35917"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=35917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}