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Cabinet officials

Malta Launches Public Consultation for Strategic Plan for Agricultural Policy Common (CAP) for 2023-2027

Strategic Insights

— 1 min read

Malta has initiated a public consultation process for its Strategic Plan for Agricultural Policy Common (CAP) for the years 2023-2027, aimed at allocating a substantial €2.27 billion of European Union funds. The plan seeks to ensure the long-term food security of the country by embracing a smart, competitive, resilient, and diversified agricultural sector. Key goals of the plan include supporting environmental protection, climate action, and strengthening the socio-economic fabric of rural areas.

Key Takeaways:

  • The total budget for the CAP for the years 2023-2027, together with local co-financing, is approximately €167 million (excluding Technical Assistance).
  • The Strategic Plan will cover the entire territory of the Maltese Islands, with at least 10% of expenditure directed towards initiatives on the Island of Gozo.
  • The CAP Strategic Plan will provide funding and support from 2023 to the end of 2027, addressing three general objectives:

1. A smart, competitive, resilient, and diversified agricultural sector, with an indicative allocation of €67 million.

2. Supporting and strengthening environmental protection, including biodiversity and climate action, with an indicative allocation of €75 million.

3. Strengthening the socio-economic fabric of rural areas, with an indicative budget of €25 million.

  • The plan is primarily funded through the European Agricultural Guarantee Fund (EAGF) and the European Agricultural Fund for Rural Development (EAFRD).
  • The public consultation process, which concluded on December 10, 2021, allowed for comments and suggestions to be sent to the email consultationcapsp@gov.mt or by letter to the Director General of the Strategy and Implementation Division, EU Funds Section.
  • Interested parties can obtain additional information from the website www.eufunds.gov.mt.

Statistics:

  • Total budget for CAP for 2023-2027: €2.27 billion
  • Total budget for CAP in Malta, together with local co-financing: €167 million (excluding Technical Assistance)
  • Allocation for first objective (smart, competitive, resilient, and diversified agricultural sector): €67 million
  • Allocation for second objective (environmental protection and climate action): €75 million
  • Allocation for third objective (strengthening socio-economic fabric of rural areas): €25 million

Sources:

  • Original Report: Al Bawaba (Albawaba.com)
  • European Union Funds Website: www.eufunds.gov.mt

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