Fusion between the EAFRD and the EFSIDecember 12, 2016
Hat: Fusion between the EAFRD and the EFSI
Funding Scheme: 2016-12-12
Pgm2014 2020: Yes
The Investment Plan for Europe (EFSI) or Juncker Plan aims to revive investment in strategic projects around Europe by mobilizing 315 billion euro for the period 2015-2017 and the EAFRD funds grants for projects which aims to contribute to a more territorially and environmentally balanced, climate-friendly, resilient and innovative Union agricultural sector.
The European Union is ready to merger the EAFRD and the EFSI. Indeed, the attended results would raise more money and will upgrade the farmer’s gains.
The procedure consists on mutualising the available funds from the two financial instruments.
The fusion will first be declined into 5 pilot projects for Member states for the 2017-2018 period and others projects will be available if there is demand.
Url description: Agricultural and rural development