Regulation (EU) 2024/3242 amending Regulation (EU) 2020/2220 as regards specific measures under the European Agricultural Fund for Rural Development to provide additional assistance to Member States affected by natural disasters

Launched in 1962, the EU’s common agricultural policy (CAP) aims to:
Support farmers and improve agricultural productivity, ensuring a stable supply of affordable food;
Safeguard European Union farmers to make a reasonable living;
Help tackle climate change and the sustainable management of natural resources;
Maintain rural areas and landscapes across the EU;
Promote jobs in farming, agri-food industries and associated sectors.

The first reforms to introduce climate considerations into the CAP took place in 2013. The CAP is a common policy for all EU countries. It is managed and funded at European level from the resources of the EU’s budget.

Common Agricultural Policy

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Laws and Policies

CCLW

CCLW national policies

Regulation (EU) 2020/2220 laying down certain transitional provisions of support from the European Agricultural Fund for Rural Development (EAFRD) the European Agricultural Guarantee Fund (EAGF) in the years 2021 and 2022 

Regulation (EU) 2020/2220 laying down certain transitional provisions of support from the European Agricultural Fund for Rural Development (EAFRD) the European Agricultural Guarantee Fund (EAGF) in the years 2021 and 2022 (Consolidated text)

Transition Regulation adopted

Amended

<p>This regulation was approved in December 2020 to lay down transitional provisions for the Common Agricultural Policy that will apply until the end of 2022. The Regulation (EU) 2020/2220 remains in force because, although it only covered CAP support for 2021–2022, its legal and administrative effects extend beyond those years and there is no automatic repeal clause.The Regulation (EU) 2024/3242 amends Regulation (EU) 2020/2220 to introduce additional temporary and exceptional measures under the European Agricultural Fund for Rural Development (EAFRD) aimed at providing extra assistance to farmers, forest‑holders and rural businesses in Member States affected by natural disasters from 1 January 2024 onwards.</p>

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives

Terrestrial means "of the earth" and relates to the risks to ecological system that includes all living organisms and their interactions within land-based environments, such as forests, grasslands, and deserts.

This sector creates and distributes information and entertainment through television, radio, print, and digital platforms.

Activities that involve the cultivation of crops and raising of livestock for food, fibre, and other products essential for human life and industry.

Activities that relate to the production of goods and services from forests.

Either money or something of monetary value is transferred between two or more organisations, people or countries.

People who are less able to respond to the effects of climate change due to having limited financial or physical assets

Activities involving the catching, processing, and selling of fish for food, recreation, and industry.

Activities of businesses and institutions that provide financial services and products to individuals and organisations.

Regulation (EU) 2024/3242 amending Regulation (EU) 2020/2220 as regards specific measures under the European Agricultural Fund for Rural Development to provide additional assistance to Member States affected by natural disasters

Risk

Impacted group

Economic sector

Adaptation/resilience

Finance