Fernando's story: financial instruments for a smarter irrigation system

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The measures implemented in the region of Castile and León under the CAP Strategic Plan are designed to support climate adaptation and environmental improvement. These include initiatives aimed at reducing water consumption in irrigation while enhancing farmers’ profitability.

Fernando Aparicio Franco, a farmer who cultivates maize, beans, and wheat, recently upgraded his farm’s irrigation system with the support of a EAFRD financial instrument. This modernisation not only boosted his crop yields but also proved to be more environmentally sustainable. It significantly reduced water usage and even enabled him to monitor and control the system remotely via mobile phone, all while reducing his workload.

David's story: EAFRD financial instruments for entrepreneurial success

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The meat industry stands as the leading sector in terms of turnover within the agro-industrial landscape. It plays a vital role in generating employment, particularly in rural regions such as Castilla y León. Financial instruments are essential for supporting individuals who face challenges in accessing credit and,  when combined with subsidies aimed at modernising farms or encouraging entrepreneurship among young people, they can drive meaningful development.

For David Martín Berrocal, owner of a small Iberian ham company, competing with large-scale producers was no easy task. But with the backing of an EAFRD financial instrument, David was able to invest in his business and create new job opportunities within his community.

Insurance and access to finance for farm resilience and adaptation in the EU

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Climate related risks are a significant source of uncertainty for agricultural production, farm resilience, and the broader bioeconomy value chain. In this video, experts present the fi-compass report “Insurance and Risk Management Tools for Agriculture in the EU”, highlighting current agriculture insurance schemes and other climate adaptation de-risking mechanisms across EU Member States.