European Agricultural Fund for Rural Development

The European Agricultural Fund for Rural Development (EAFRD) is one of the European Structural and Investment Funds which was set up for the financing of Rural Development Programme (RDP) actions by European Union Council Regulation (EC) No 1290/2005 of 21 June 2005 on the financing of the Common Agricultural Policy (CAP).[1]

Reasoning

Rural development is a vitally important policy area, affecting over 50% of the population of the EU and almost 90% of EU land. Farming and forestry remain central to rural economies, and rural development also focuses on revitalising rural areas in other ways. Furthermore, issues such as climate change, renewable energy, biodiversity and water management are becoming increasingly important aspects of the EU's rural development policy.

Budget

Over €200 billion in funding is available to support the implementation of 94 RDPs across the EU, for the programming period 2007–2013. Almost half of this money is provided by the EAFRD, overseen by the European Commission's Directorate General for Agriculture and Rural Development.

EAFRD budgets in the RDPs are used to achieve a variety of rural development goals, including improving the competitiveness of farm, forest and agri-food businesses; helping protect the natural environment; supporting rural economies; and assisting quality of life in rural areas.

See also

References

  1. ^ "Council Regulation (EC) № 1290/2005 of 21 June 2005 on the financing of the common agricultural policy". Eur-lex.europa.eu. Retrieved 28 March 2012.

External links

  • Summaries of EU legislation > Agriculture > General framework > Financing the common agricultural policy
  • v
  • t
  • e
European Union Funding programmes of the European Union
EU funding oversight and accountability institutions
Funding oversight
and accountability institutions
Cohesion Policy ESIFs
Common Agricultural Policy ESIF
  • European Agricultural Fund for Rural Development (including EAFRD CLLD)
Common Fisheries Policy ESIF
European Green Deal funds
  • Just Transition Fund
  • Innovation Fund
  • Modernisation Fund
Common Security and Defence Policy fund
  • European Defence Fund
Enlargement Policy fund
Neighbourhood Policy and Global Strategy fund
  • Global Europe
Migration & home affairs funds
Justice & fundamental rights funds
  • Justice, Rights and Values Fund
Banking union funds
Single Resolution Mechanism funds
  • Single Resolution Fund
European Fiscal Compact funds
  • European Stability Mechanism
Next Generation EU
and other European Union funds
Next Generation EU
and other EU funds


Stub icon

This article about politics in Europe is a stub. You can help Wikipedia by expanding it.

  • v
  • t
  • e
Authority control Edit this at Wikidata
  • VIAF
    • 1
  • WorldCat (via VIAF)