PREVIOUS
✖
Agricultural Policy Monitoring and Evaluation 2024 Report
November 20 , 2024
16 hrs 0 min
16
0
- This report was released by The Organization for Economic Cooperation and Development (OECD).
- Total support to the agricultural sector across the 54 countries are covered by this report averaged USD 842 billion per year during 2021-23.
- Transfers to the sector have declined in 2022 and 2023 relative to their peak in 2021.
- 12.6% of agricultural support goes to key services like innovation, biosecurity, and infrastructure.
- 5% of support promotes voluntary environmental action beyond requirements.
- Support remains concentrated in a few large economies, with China, the United States, India and the European Union representing 37%, 15%, 14% and 13% of the total respectively.
- Individual farmers received USD 628 billion per year in positive support over the 2021-23 period.
Leave a Reply
Your Comment is awaiting moderation.