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As part of the CAP Reform Countdown, DEFRA have released an update document ‘An introduction to the new Common Agricultural Policy schemes in England’
Although there’ll be less money overall under the new CAP schemes, they will still benefit the rural economy in England by over £15 billion. Most of this funding will be paid through the new Basic Payment Scheme (BPS) – including the greening payment and the young farmer payment – which will replace the Single Payment Scheme (SPS).
There will also be a new Rural Development Programme, which will invest at least £3.5 billion into environment and rural development schemes over the next 7 years. The Programme will support:
• the environment
• the farming and forestry sectors
• businesses and communities in rural areas
Even with a smaller overall CAP budget, the government will be spending a bigger share on the environment than before.
For more detailed information on the CAP Reform please click here.