Agricultural risk and crisis management tools: New resources, new challenges

The European Commission has presented an ambitious European Recovery Plan and a new Multi-annual Financial Framework for the period 2021-27. The new proposals provide new resources for the agricultural sector compared to the initial proposal of May 2018, although the total amount of support decreases at constant prices by €34 billion (2018 value) compared to the period 2014-2020.

Among the key elements of these proposals for the sector compared to the 2018 proposal is “an increase of EUR 4 billion for the Common Agricultural Policy (…), in order to strengthen the resilience of the agri-food sector(s) (…) and to provide the necessary room for manoeuvre for crisis management”.