This report offers a first look into the financial gap for agricultural enterprises for short-term and for medium and long-term loans. It is based on established European Commission methodology (Ex-ante assessment of the EU SME Initiative, 2013) and incorporates improved calculations. The input variables are based on updated data from Eurostat, the Farm Accountancy Data Network (FADN) provided by DG AGRI and the SAFE survey. Wherever specific data for the agricultural sector was not available, approximations were used.
This study has investigated EU agricultural financial needs from the point of view of farmers using in-depth data from a Computer-Assisted Telephone Interviewing survey (CATI) based on a questionnaire developed by the Directorate-General for Agriculture and Rural Development (DG AGRI) and the European Investment Bank (EIB) in the context of the fi-compass technical assistance platform.
This publication describes a new joint European Commission Directorate General for Agriculture and Rural Development (DG AGRI) – European Investment Bank Group (EIB Group) Initiative for young farmers in the EU.
It builds on the possibilities for achieving high impact of using both the European Agricultural Fund for Rural Development (EAFRD) and EIB Group funding, fund management and advisory support with a single major objective – to support the generational renewal of EU farming.
The European Agricultural Fund for Rural Development (EAFRD) allows managing authorities to set-up a wide range of potential financial instrument structures to support EU farmers.
This fi-compass report summarises a review of the ex-ante assessments that were undertaken for 131 European Regional Development Fund (ERDF)/ Cohesion Fund (CF) Operational Programmes. The report highlights key trends and common findings that were identified. It also summarises outcomes from the ERDF/CF ex-ante assessments.
This study provides information about the implementation of the European Agricultural Fund for Rural Development through financial instruments and is based on experience in Member States during the current programming period.
The SME Initiative is a joint financial instrument of the European Union and the European Investment Bank Group, designed to stimulate finance for small and medium-sized enterprises in the Member States. It can be targeted to support farmers and/or agribusinesses under the European Agricultural Fund for Rural Development, boosting in this way investments in agriculture and forestry as well as in the rural economy.
Capacity Building Services (CBS) offered by fi-compass are meant to support European Social Fund (ESF) managing authorities who are interested in advancing with the design and set-up of financial instruments under the ESF. CBS address the specific needs of ESF managing authorities related to the preparation and implementation of financial instruments and strengthen their skills via specific initial and advanced capacity building learning modules.
The targeted coaching service from fi-compass is designed to help build capacity about financial instruments for managing authorities that use the European Agricultural Fund for Rural Development (EAFRD). This coaching provides knowledge and confidence to help EAFRD managing authorities to ‘get going’ with financial instruments. It is designed in a way that addresses the specific needs of each participating managing authority.
Factsheet (Potential role of market responsive EAFRD financial instruments Feasibility study – initial findings)
Price volatility in agriculture can discourage farm investments and hinder farmers’ access to affordable finance. Ultimately, it can negatively impact on the achievement of rural development policy objectives.