CAP PILLAR I AND PILLAR II – 13 JULY

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CAP PILLAR I AND PILLAR II - 13 JULY
13 Jul 2016

CAP PILLAR I AND PILLAR II – 13 JULY

Brussels Daily

Pillar iCommon Agricultural Policy – Pillar I

The Common Agricultural Policy (CAP) concerns the pooling of European Union resources spent on agriculture and aimed at protecting the viable production of food, the sustainable management of natural resources and to support rural vitality. It consists of two pillars, the first includes direct payments (i.e. annual payments to farmers to help stabilise farm revenues in the face of volatile market prices and weather conditions) and market measures (to tackle specific market situations and to support trade promotion). The second pillar concerns rural development policy. Nearly 38% of the EU budget is spent on the CAP; for the Multiannual Financial Framework 2014-2020 the CAP amounts to €408.31 billion, of which €308.72 billion is allocated to the first pillar.

Pillar ii

Common Agricultural Policy – Pillar II – read the European Parliament briefing here

The Common Agricultural Policy (CAP) concerns the pooling of European Union resources spent on agriculture and aimed at protecting the viable production of food, the sustainable management of natural resources and a living countryside. Nearly 38% of the EU budget is spent on the CAP. Under the 2014-2020 Multiannual Financial Framework €408.31 billion is earmarked for the CAP, of which €99.6 billion is allocated to the second pillar. The second pillar of the CAP budget is financed under the European Agricultural Fund for Rural Development (EAFRD). The EAFRD is aimed at achieving the balanced territorial development of rural economies and at sustaining a farming sector that is environmentally sound as well as competitive and innovative.

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