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Highlights report - 1st meeting of the Thematic Group on Economic Vulnerability of Farming

The meeting opened the discussion on how to overcome the challenges associated with farming's vulnerability and considered the effectiveness of current Common Agricultural Policy (CAP) interventions/frameworks for addressing economic vulnerabilities.

  • 2023-2027
Highlights report - 1st meeting of the Thematic Group on Economic Vulnerability of Farming
tractor in a grass field

The first meeting of the Thematic Group (TG) on Economic Vulnerability of Farming opened with an overview of the economic vulnerability of farming and the many factors impacting it, followed by a presentation on the role of CAP Instruments in targeting farming's economic vulnerability. Tools such as income support, investment support, cooperation and Sectoral Support can help address vulnerability.

A first group discussion focused on identifying current and emerging drivers of economic vulnerabilities of farming, with TG members offering insights from their various perspectives. The discussions then moved on to how Member States, farmers and others are addressing or may address the challenges associated with the economic vulnerability of farming. Key outcomes of the discussions included the importance of risk management, the need for greater coherence of policy (between EU and national levels and between public and private sectors) and integrated approaches; and ways to enable farmers, irrespective of farm size, to make their businesses more resilient, sustainable and profitable.

The work of this TG will continue in the next few months, with a second TG meeting and informal discussions. All the TG outputs will be made available on the TG landing page.

Author(s)

EU CAP Network

Resources

Documents

English language

Highlights report - 1st meeting of the Thematic Group on Economic Vulnerability of Farming

(PDF – 5.48 MB – 3 pages)