Netherlands: Green light for expansion of Lbv purchase schemes

Published Apr 8, 2024

Tridge summary

The Dutch government, led by Minister Christianne van der Wal, has announced a significant increase in funding for voluntary schemes aimed at reducing nitrogen emissions from agriculture. The budget for the Lbv and Lbv-plus schemes will be boosted by nearly 1.45 billion euros, with the Lbv-plus scheme extended until December 20, 2024, due to over 1,300 applications from entrepreneurs. The total budget will now be 1.102 billion euros for the Lbv and 1.820 billion euros for the Lbv-plus, ensuring all approved applications can be funded. This move, approved by the European Commission, allows the Netherlands Enterprise Agency (RVO) to proceed with positive decisions for applicants, with the amended regulations effective immediately upon publication in the Government Gazette.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This was reported by Minister Christianne van der Wal (Nature and Nitrogen). The budget for the purchase schemes will be permanently increased by a total of almost 1.45 billion euros. The voluntary termination scheme for the peak load approach, the Lbv-plus, will also be extended until December 20, 2024. There is great interest in both the Lbv and the Lbv-plus, with a total of more than 1,300 applications. The government wants every entrepreneur who has taken the drastic decision to submit an application for a termination scheme and meets the conditions to be able to actually participate in the scheme. The government is therefore increasing the budget for the Lbv to 1.102 billion euros and a total of 1.820 billion euros will be available for the Lbv-plus. Due to this budget increase, the government assumes that there is sufficient money to honor all approved applications. Now that the European Commission has approved the budget increase, the Netherlands Enterprise Agency (RVO) can ...

Source: Nieuwe Oogst