Tridge summary
A study by the University of Wageningen's research center suggests that the European Green Deal could have negative impacts on farm income and development, with the potential for reduced production and income due to environmental restrictions. The deal's goal of reducing surplus nutrients could lead to a decrease in livestock and poultry numbers and related production. The European Commission plans to compensate and support agricultural producers during the transition, but it may not be enough for all farmers and some may need to leave the sector. The Green Deal's impact is also being discussed in African countries, where compliance with its standards could create non-tariff barriers to the export of African agricultural products to the EU, potentially worsening the situation for African farmers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The impact of the European Green Deal on farm income and development is being studied closely by many think tanks around the world, and some of them agree on an uncertain or negative scenario. A report from the research center of the University of Wageningen in the Netherlands suggests that depending on market conditions (expected increases in product prices) and the cost of the measures to be taken, these effects can be negative. The researchers made a qualitative assessment of climate, fertilizer use, nutrient reductions, pesticide use and risks to biodiversity, antimicrobial use, and animal welfare. Based on this assessment, it was concluded that the positive impact of the green course on agriculture can only be expected from a short-term increase in revenue as a result of higher prices for meat, which in the medium term will lead to a gradual withdrawal from consumers and a reduction in production, and therefore, to a decrease in the volume of animal husbandry. On the other ...
Source: Agrovesti
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