CAFOD calls for abolishment of CAP

The average European dairy cow has a higher income than half of the world’s population, according to a leading charity.

The aid agency, Catholic Fund for Overseas Development (CAFOD), has launched a report aimed at highlighting the €35bn per year spent on farm subsidies through the Common Agricultural Policy.

The organisation says the money could pay for 21 million dairy cows in the EU to fly around the globe with stop-offs in the US, Singapore and New Zealand and still have €500 in spending money each.

The charity says such huge funding is destroying third world farming and is preventing development.

Reforms of CAP are already underway but CAFOD wants the policy abolished entirely.

To do so, it said, is the only way of giving the developing world a fair chance of competing.