Farmers in Denmark can entry a 1 billion euro scheme and be paid to retire their land from agricultural use. Picture by Chris McCullough
Danish-RFP-022326
Danish farmers have now acquired entry to a €1 billion (US$1.1 billion) fund payable to them if they comply with completely retire productive agricultural and forestry land.
The purpose, by taking the land out of manufacturing, is to scale back greenhouse fuel emissions and enhance biodiversity all through the nation.
The funds have been made out there via a €1.04 billion Danish state help program, which has been cleared by the European Fee.
The considering behind the scheme is that biodiversity will likely be improved by lowering nitrogen and phosphorus runoff into rivers, lakes and coastal waters.
All Danish farmers and landowners are eligible for the scheme so long as it’s their want to voluntary cease farming on eligible land.
One of many strict calls for of the scheme is that any land taken out of manufacturing should not be tilled, and any future use of pesticides and fertilizer should be banned
It’s hoped that many areas of wetland will likely be re-established, and that soils will retain and probably enhance their carbon content material.
Forestry land that’s accepted into the scheme can’t be used for forestry manufacturing once more.
Those that join the scheme will likely be compensated for the everlasting lack of revenue attributable to the setting-aside of land and the restrictions imposed on their farms.
The EU Fee stated cost assist will likely be supplied as direct grants or advantages in variety, comparable to technical recommendation or the acquisition of products and companies, and may cowl as much as 100% of eligible prices.
Eligible prices embody non-productive investments, compensation for the everlasting lack of revenue from setting land apart, and authorized, administrative and survey prices linked to land consolidation.
The scheme runs till Dec. 31, 2030.
Farmers in Denmark can entry a 1 billion euro scheme and be paid to retire their land from agricultural use. Picture by Chris McCulloughDanish-RFP-022326
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