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Factsheet for measure SE-2023-36/3268 – measures in Sweden

Economic aid for agricultural companies affected by extreme weather

Ekonomiskt stöd till jordbruks­företag på grund av extremväder

Country Sweden , applies nationwide
Time period Temporary, 07 September 2023 – 31 January 2024
Context Extreme Weather Events
Type Other initiatives or policies
Category Supporting businesses to stay afloat
– Direct subsidies (full or partial) or damage compensation
Author Nils Brandsma, Oxford Resaerch SE
Measure added 05 September 2023 (updated 26 April 2024)

Background information

Drought and heavy rainfalls have negatively affected the quality and quantity of agricultural production in Sweden this summer. The Swedish Agricultural Department [ Jordbruksverket ] has been given the responsibility, from the Swedish Government, to recommend a scheme of economic aid for agricultural companies affected by this summer’s extreme weather.

This aid will be administrated by the Agricultural Department.

Content of measure

According to the Agricultural Department, the aid should be given primarily to young farmers (under the age of 40), as they often lack monetary resources or access to credit. By doing this, this program has the benefit of securing the future development of agriculture in Sweden, as it potentially hinders the foreclosure of farms driver by young farmers. Furthermore, this limits the administrative scope of such a scheme, which lowers costs of the program.

The administrative cost of this will be around SEK 1 million (€83,800 as of 6 September 2023), and, assuming a 30% reduction in production over the 180,000/ha that are own by young farmers in Sweden, the actual scheme will cost around SEK 540 million (€45.44 million as of 6 September 2023).

The support was paid out in lump sums in December of 2023. The support paid out SEK 234,39 (€20,97) per hectare of spring-sown cereal and oilseed crops, and SEK 79,72 (€7,13) per head of cattle.

Use of measure

The scheme will cover approximately 180,000/ha of farmland, although the actual number of applicants are yet to be known.

Target groups

Workers Businesses Citizens
Does not apply to workers Sector specific set of companies
Does not apply to citizens

Actors and funding

Actors Funding
National government
National funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role Unknown Unknown
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • Unknown
  • Main level of involvement: N/A

Involvement

No social partners' involvement.

Views and reactions

No social partners' reaction yet.

Sectors and occupations

Sources

Citation

Eurofound (2023), Economic aid for agricultural companies affected by extreme weather, measure SE-2023-36/3268 (measures in Sweden), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/SE-2023-36_3268.html

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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.