The transformation of the agricultural sector
A MORE SUSTAINABLE AGRICULTURAL SECTOR
The pandemic has disrupted all sectors of the Spanish economy and society. In the case of the agricultural sector, farmers and ranchers are doing their best to continue producing the food needed to supply the countries of the European Union. In fact, they have proven to be an essential and fundamental sector for society.
Although during the most critical months of the pandemic the agricultural sector has been the only one to maintain stable growth, it has also shown the need to transform the sector, since the companies that make it up must also comply with the energy efficiency guidelines set by the European Council.
The Official Association of Agricultural Engineers of the Region of Murcia admits that agriculture generates between 10 and 12% of greenhouse gas (GHG) emissions and that this figure will increase over time due to growing demand and changes in diet. To tackle the problem, the national government and regional municipalities are promoting the transformation of facilities and the use of machinery and renewable energies to reduce GHG emissions from agricultural companies.
Achieving real food security and promoting sustainable agriculture and livestock farming are two of the milestones that mark the progress of the agricultural sector. At Euro-Funding, we also contribute our grain of sand by supporting all companies in the sector that intend to launch new projects and sustainable investment plans. The main objective is that all projects that are presented and carried out from now on comply with the energy efficiency objectives set by the European Union.
In this sense, we emphasize the need for companies to have a team specialized in sustainable projects, since only in this way will companies manage to stay in the current financing scenario, which is in constant renewal. It is also crucial to know that, in the case of Spain, some Autonomous Communities have already got down to work and have opened different calls aimed at improving the efficiency of the country’s farms. Do you know what they are? How can you access the aid?
What are the objectives of support for the agricultural sector?
Andalusia, Aragon, Asturias, Balearic Islands, Canary Islands, Castilla La-Mancha, Castilla y León, Catalonia, Galicia, La Rioja, Murcia, Navarra and the Valencian Community are the Spanish regions that have the “Energy efficiency in farms” call open until December 31, 2023.
The Ministry for Ecological Transition and Demographic Challenge launched this aid package that has an initial €30 million with two clear objectives:
- Improve the energy efficiency of irrigation facilities. The aim of this aid is to improve the current facilities of farms and irrigation communities, thus renewing the pumping equipment to reduce energy consumption and CO2 emissions emitted by these plantations.
- To implement, improve and use renewable energies in agricultural and livestock farms. The objective of these subsidies is to carry out transformation and reform actions in agricultural facilities and farms that consume thermal, electrical and process energy of the farms themselves to reduce energy consumption and CO2 emissions.
In both actions, the maximum amount of the aid will be 30% of the eligible cost. The beneficiary may be natural or legal persons, irrigation communities and other organizations related to the sector and the type of aid to be requested, irrigated agricultural holdings, any organization or association of agricultural products recognized by the competent authority, renewable energy communities and citizen energy communities and energy service companies (ESCOs).
From Euro-Funding, we support all companies in the agricultural sector that intend to launch new projects and sustainable investment plans, offering customized financial solutions that allow the materialization of the different financing instruments in a fast and efficient way according to their financial context. The main objective is that all projects submitted and carried out from now on comply with the energy efficiency objectives set by the European Union.
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