1 billion euros released for ecological planning

by time news

2023-09-10 19:17:00

The 2024 agriculture budget could contain a further 15% increase, announced Minister Marc Fesneau.

By HR with AFP Marc Fesneau (left) announces an increase of 1 billion euros in the agricultural budget. © BERTRAND GUAY / AFP Published on 09/10/2023 at 7:17 p.m.

The government will increase the agricultural budget by almost a billion euros. Marc Fesneau announced the release of new funds to help with the installation and access to land of young farmers but also for ecological planning. The minister thus hopes to economically support these transitions towards more sustainable agriculture.

“The additional sum will be added to the approximately 5.9 billion euros of the French agricultural budget in 2023, an increase of around 15%,” underlined the ministry, on the sidelines of a speech by Mr. Fesneau during the “Terre de Jim” rally in Cambrai (North) organized by the Young Farmers union (JA), close to the majority FNSEA union.

Another increase expected by 2026

“The additional effort, compared to 2023, will reach 2.6 to 2.7 billion by 2026,” added the minister. In his speech sent to AFP, Marc Fesneau announced that the agricultural orientation bill, which had initially been announced for the fall, should be “examined in Parliament by December, at first reading probably in the National Assembly.

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Based on a pact which also includes regulatory measures, this law is supposed to help rebuild French agriculture, both to ensure the transfer of farms, the establishment of young farmers and the environmental transition of a sector which must continue to produce the country’s food while reducing its CO2 emissions.

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As part of the planning, the government plans in particular the creation of a “food sovereignty and ecological transition fund” which will be intended to “enable agricultural operations to locally adapt their economic model to the requirements of decarbonization of activities, development of renewable energy production or adaptation to climate change,” the ministry said.

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