Hungary: CAP's new support system calls for a green technology change

Published 2023년 5월 31일

Tridge summary

The European Union's Common Agricultural Policy (CAP) for 2023-2027 has been implemented, marking a significant shift in agricultural subsidies. Hungary is set to receive around 1.3-1.4 billion euros annually from Pillar I subsidies. The policy has shifted towards sustainability and environmental protection, replacing the uniform area-based support and greening with a sustainability-promoting basic income support (BISS). The new policy also eliminates the upper limit on the subsidized area and introduces redistributive support for small and medium-sized farms. Furthermore, an Agro-Ecological Program has been launched to support climate- and environment-friendly farming practices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After the two-year transition period, the new cycle of the European Union's Common Agricultural Policy (CAP) 2023-2027 comes into force this year, which brings significant changes to the conditions and applications for subsidies. "The Pillar I (direct) subsidies starting this year will provide Hungary with approximately 1.3-1.4 billion euros annually, which can be a great help for farmers to overcome increased economic risks and weather difficulties. Pillar I of the CAP, the direct subsidies and the application, are also changing to a large extent in order to focus more on sustainability and the agriculture of the member states to contribute more to the EU's environmental protection and climate policy goals. Thus, farmers must submit their applications with this in mind, and not according to the practice of previous years," said Zoltán Demeter, head of K&H's Agricultural Division. A greener support system Perhaps the most important change of the new cycle is that the previous ...

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