CAP Factbox: Europe's fight to make farming subsidies 'green'
The new CAP requires countries to spend 20% of payments to farmers from 2023-2024, and 25% between 2025-2027, on eco-schemes that protect the environment. File Picture.
EU negotiators clinched a deal on the Common Agricultural Policy (CAP) on Friday which will reform its huge farming subsidy programme, aiming to make it greener and support smaller farms.
CAP, worth around a third of the EU's 2021-2027 budget, will spend €387bn ($474 billion) on payments to farmers and support for rural development.
