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🗞️ Driving the news: A new EU report signals a major shift in farming subsidies, emphasizing sustainability and targeting funds based on need rather than land size
• Following months of dialogue among environmental groups, farmers' unions, and industrial farming lobbyists, the report calls for increased support for nature-friendly practices, marking a pivotal moment in EU agricultural policy
• The European Commission will use these findings to draft a new "Vision for Agriculture and Food" policy in early 2025

🔭 The context: The report emerges amid protests from farmers across Europe who oppose stringent environmental regulations and low incomes
• With the EU's Common Agricultural Policy (CAP) representing €378 billion (nearly one-third of the EU budget), reforming these subsidies to focus on sustainability is critical for aligning with environmental goals
• Current CAP policies have been criticized for benefiting large-scale industrial farms

🌍 Why it matters for the planet: Redirecting subsidies to promote sustainable farming practices is crucial for reducing pollution, protecting biodiversity, and addressing climate change
• Shifting focus from industrial farms to those making efforts in environmental restoration could set a global precedent for sustainable agriculture

⏭️ What's next: The European Commission is expected to publish a "Vision for Agriculture and Food" policy in the first 100 days of Ursula von der Leyen’s second mandate, which starts in November 2024
• The key challenge will be ensuring that both environmental goals and farmers’ needs are balanced in the final policy

💬 One quote: "This agreement is not just a milestone, but hopefully a game-changer." — Ariel Brunner, director of BirdLife Europe

📈 One stat: The EU's Common Agricultural Policy (CAP) budget for 2021-2027 stands at €378 billion, nearly a third of the EU's overall budget

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