Netherlands: Voluntary cessation of livestock farming expanded and with more funding

Regulation & Compliances
Innovation & Technology
Published Apr 15, 2024

Tridge summary

The Dutch government has significantly increased the budget for its national livestock cessation programs, Lbv and Lbv-plus, by nearly 1.45 billion euros following approval from the European Commission. This funding boost aims to accommodate the overwhelming interest from over 1300 applications, with the Lbv budget now at 1.102 billion euros and the Lbv-plus budget totaling 1.82 billion euros. The extension of the Lbv-plus program until December 20, 2024, ensures that all approved applications can be funded, with the program now accepting applications retroactively under the same conditions until the new deadline.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The budget of the national livestock cessation regime (Lbv) and Lbv-plus will increase by almost 1.45 billion euros. The regime for voluntary cessation of the maximum load approach, Lbv-plus, will also be extended until 20 December 2024. The European Commission approved the Dutch proposals in this regard. There is great interest in both Lbv and Lbv-plus, with more than 1300 applications. The Government intends for all business owners who have made the drastic decision to apply for a closure scheme (and who meet the conditions) to be able to participate in it. Therefore, the Government increases the Lbv budget to 1.102 billion euros, making a total of 1.82 billion euros available for Lbv-plus. With this increase in the budget, the Government assumes that there are sufficient funds to satisfy all approved applications. The Lbv-plus regime was initially open until April 5th. Once the amended regime comes into force, the Lbv-plus ...
Source: 3tres3
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