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
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Country
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Sweden
, applies nationwide
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Time period
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Temporary, 07 September 2023 – 31 January 2024
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Context
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Extreme Weather Events
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Type
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Other initiatives or policies
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Category
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Supporting businesses to stay afloat
– Direct subsidies (full or partial) or damage compensation
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Author
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Nils Brandsma, Oxford Resaerch SE
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|
Measure added
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05 September 2023 (updated 26 April 2024)
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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
Actors and funding
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Actors
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Funding
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National government
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National funds
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Social partners
Social partners' role in
designing the measure
and form of involvement:
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Trade unions
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Employers' organisations
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Role
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Unknown
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Unknown
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Form
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Not applicable
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Not applicable
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Social partners' role in the
implementation, monitoring and assessment phase:
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Unknown
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Main level of involvement: N/A
Involvement
No social partners' involvement.
Views and reactions
No social partners' reaction yet.
Sectors and occupations
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This case is sector-specific (only private sector)
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Economic area
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Sector (NACE level 2)
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A - Agriculture, Forestry And Fishing
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A1 Crop and animal production, hunting and related service activities
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-
This case is occupation-specific
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Occupation (ISCO level 2)
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Market-oriented skilled agricultural workers
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Sources
