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European Agricultural Fund for Rural Development (EAFRD)

The European agricultural fund for rural development (EAFRD) finances the Common agricultural policy’s (CAP’s) contribution to sustainable development of rural areas through three long-term objectives:

  • Fostering the competitiveness of agriculture and forestry,
  • Ensuring the sustainable management of natural resources and climate action,
  • Achieving a balanced territorial development of rural economies and communities.

Under the CAP Strategic Plans, these objectives are realised through interventions which are co-financed by the EAFRD and the national budgets of EU countries.

The EAFRD can also provide investment support for rural enterprises and projects through financial instruments, such as loans, guarantees, or equity. Details about financial instruments available under the EAFRD are provided on the online advisory platform Fi-Compass.

Country
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Managing structure & coordination

Lead Directorate-General: Agriculture and Rural Development (AGRI)

Management mode: Shared management between the European Commission and EU countries.

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Support service
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