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EU to support Danish climate-friendly dairy production with aid

0 Comment(s)Print E-mail Xinhua, September 7, 2024
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BRUSSELS, Sept. 7 (Xinhua) -- The European Commission has approved the injection of around 53 million euros (59 million U.S. dollars) in a Danish scheme aimed at supporting a more climate-friendly dairy production.

The scheme is aimed at supporting livestock farmers in the reduction of methane emissions, according to a statement issued by the European Commission on Friday.

It will contribute to meeting the national binding reduction target of reducing greenhouse gas emissions from the agricultural and forestry sectors.

Additional aid will be granted to farmers who commit to further reduce methane emissions beyond the mandatory standards.

The scheme will run until the end of December 2027 and will be open to dairy livestock farmers in Denmark.

The Commission said in the statement that the aid will take the form of direct grants and will cover up to 100 percent of eligible costs.

The Commission assessed the scheme under European Union (EU) State Aid rules which allow Member states to support the development of certain economic activities under certain conditions. (1 euro = 1.11 U.S. dollar) Enditem

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