EU Greenlights 700 Million Euro Payout for Dutch Farmers to Close Livestock Farms

Published on August 16, 2024

The European Commission has approved a major scheme to compensate farmers in the Netherlands for voluntarily closing livestock farms in nature conservation areas. On Wednesday, the Commission said the 700 million euro ($762 million) initiative aims “to improve the quality of the environment and promote more sustainable and environmentally friendly production in the livestock sector.” The scheme will run until Oct. 1, 2029, for small- and medium-sized livestock farmers in the Netherlands who voluntarily close their farming sites in and around the EU’s huge flagship conservation area, Natura 2000. Natura 2000, is the largest coordinated network of protected areas in the world, extending across all 27 EU Member States, with more than 160 sites in the Netherlands....

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