{"id":58778,"date":"2020-12-21T03:00:39","date_gmt":"2020-12-21T02:00:39","guid":{"rendered":"https:\/\/www.cde.ual.es\/?p=58778"},"modified":"2021-11-05T14:42:47","modified_gmt":"2021-11-05T13:42:47","slug":"support-for-the-andalusian-agricultural-sector","status":"publish","type":"post","link":"https:\/\/www.cde.ual.es\/en\/support-for-the-andalusian-agricultural-sector\/","title":{"rendered":"Support for the Andalusian agricultural sector"},"content":{"rendered":"<p><strong>The European Investment Bank (EIB) and the Junta de Andaluc\u00eda have joined forces once again to support and promote the development of Andalusia&#8217;s agricultural sector, which in addition to historically facing a funding gap of over \u20ac1 billion a year, has also been affected by factors including Brexit and the COVID-19 pandemic.<\/strong><\/p>\n<p><a href=\"https:\/\/www.cde.ual.es\/wp-content\/uploads\/2019\/11\/agricultura-urbana.jpg\"><img decoding=\"async\" class=\"aligncenter wp-image-29797\" src=\"https:\/\/www.cde.ual.es\/wp-content\/uploads\/2019\/11\/agricultura-urbana.jpg\" alt=\"Support for the Andalusian agricultural sector\" width=\"592\" height=\"443\" srcset=\"https:\/\/www.cde.ual.es\/wp-content\/uploads\/2019\/11\/agricultura-urbana.jpg 1280w, https:\/\/www.cde.ual.es\/wp-content\/uploads\/2019\/11\/agricultura-urbana-300x225.jpg 300w, https:\/\/www.cde.ual.es\/wp-content\/uploads\/2019\/11\/agricultura-urbana-768x575.jpg 768w, https:\/\/www.cde.ual.es\/wp-content\/uploads\/2019\/11\/agricultura-urbana-1024x766.jpg 1024w\" sizes=\"(max-width: 592px) 100vw, 592px\" \/><\/a><\/p>\n<p>The EU bank will be responsible for managing a guarantee fund of up to \u20ac50 million with the goal of providing financing of up to \u20ac250 million.<\/p>\n<div class=\"press-release-page page-body container template__two-column position-relative\">\n<div class=\"post-row row press-release-row\">\n<div class=\"main-column press-release-column col-sm-8\">\n<div class=\"post-content press-release-content\">\n<section id=\"1607952323279\" class=\" post-media margin-bottom-x-large margin-top-x-large post-text \">\n<div class=\"container-fluid \">\n<div class=\"post-text-wrapper \">\n<p>The final beneficiaries will be farmers, agricultural cooperatives and producer organisations as well as companies active in the processing and marketing of agricultural products. The fund\u2019s objectives include support for young farmers, new companies and smallholdings dependent on third-party financing, together with innovative agricultural projects and processing activities. The financing instrument will be co-financed by EAFRD (<a href=\"https:\/\/ec.europa.eu\/info\/food-farming-fisheries\/key-policies\/common-agricultural-policy\/rural-development_en\" target=\"_blank\" rel=\"noopener\">European Agricultural Fund for Rural Development<\/a>\u00a0for the 2014-2020 period) and the Junta de Andaluc\u00eda.<\/p>\n<p>The agreement signed by EIB Vice-President Ricardo Mourinho F\u00e9lix and Junta de Andaluc\u00eda Minister of Finance and European Funds Juan Bravo Baena will enable the EU bank to manage this guarantee fund aimed at fostering investments that support employment, innovation, economic and environmental sustainability, and generational renewal of the sector. Financial intermediaries \u2013 which will be selected by means of a public call for expressions of interest to be launched shortly \u2013 will be obliged to transfer the financial advantage of the guarantee to the final beneficiaries.<\/p>\n<p>EIB Vice-President\u00a0<a href=\"https:\/\/www.eib.org\/en\/about\/governance-and-structure\/statutory-bodies\/management-committee\/members\/ricardo-mourinho-felix.htm\" target=\"_blank\" rel=\"noopener\">Ricardo Mourinho F\u00e9lix<\/a>, who is responsible for the Bank&#8217;s operations in\u00a0<a href=\"https:\/\/www.eib.org\/en\/projects\/regions\/european-union\/spain\/index.htm\" target=\"_blank\" rel=\"noopener\">Spain<\/a>, said:<\/p>\n<blockquote><p>\u201c<em>This agreement reaffirms the close relationship between the EIB and Andalusia, a region that the EU bank has supported for over 30 years, promoting a sustainable economy. The Andalusian agricultural sector is key to both economic growth and job creation in the cohesion region as well as to meeting the rising demand for healthier food while facing challenges such as land degradation, pollution and climate change. We are pleased to support the implementation of this fund that will help Andalusian farmers to better address the difficulties the sector is facing in accessing credit, together with the impact of Brexit and COVID-19.\u201d<\/em><\/p><\/blockquote>\n<p>Minister of Finance and European Funds Juan Bravo Baena highlighted the leading role of EU funds in the development of the autonomous community by \u201c<em>creating social cohesion and convergence<\/em>\u201d that have become \u201c<em>factors of global competitiveness for the Andalusian economy.<\/em>\u201d<em>\u00a0<\/em>He also pointed out that \u201c<em>Andalusia is once again a pioneer in the management of these resources, following the indications and recommendations of the European Commission and using new forms of support, in this case via a financing instrument supported by EAFRD.<\/em>\u201d<\/p>\n<h3><strong>Background<\/strong><\/h3>\n<p>The EIB is the European Union&#8217;s long-term lending institution owned by its Member States. Between 2015 and 2019, the EIB provided almost \u20ac33\u00a0billion for the agriculture and bio-economy sector.<\/p>\n<p>Andalusia and the EIB Group have worked together closely in a long-term partnership lasting over 30 years. In addition to providing its knowledge and international experience in the management of financial resources by managing two financing instruments intended to promote sustainable urban development in the region (<em>JESSICA Andaluc\u00eda<\/em>\u00a0and\u00a0<em>SUD Urban Development Fund of Funds<\/em>\u00a0<em>Andaluc\u00eda)<\/em>, the EIB Group has supported the autonomous community by granting \u20ac15\u00a0billion in loans via over 100 projects, around half of which took place in the last decade.<\/p>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<section class=\"contact bg-color-light-grey margin-top-20 margin-bottom-10\">\n<div class=\"container padding-top-40 padding-bottom-30\">\n<div class=\"row\">\n<h3 class=\"col-lg-8 col-md-8 col-sm-8 col-xs-12\">More information<\/h3>\n<div><a href=\"https:\/\/www.eib.org\/en\/press\/all\/2020-361-apoyo-e-impulso-al-sector-agricola-andaluz-el-bei-y-la-junta-de-andalucia-firman-un-acuerdo-para-gestionar-un-fondo-que-facilitara-hasta-250-millones-de-euros-de-financiacion\">Press release &#8211; EIB<\/a><\/div>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>The European Investment Bank (EIB) and the Junta de Andaluc\u00eda have joined forces once again to support and promote the development of Andalusia&#8217;s agricultural sector, which in addition to historically facing a funding gap of over \u20ac1 billion a year, has also been affected by factors including Brexit and the COVID-19 pandemic. The EU bank [&hellip;]<\/p>\n","protected":false},"author":101011,"featured_media":29797,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[4063,4061,346],"tags":[1060,2363],"class_list":{"0":"post-58778","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-agr-pol","8":"category-agr-liv-far-fish","9":"category-eu-news","10":"tag-eib","11":"tag-junta-de-andalucia-en","12":"entry"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Support for the Andalusian agricultural sector | CDE Almer\u00eda - Centro de Documentaci\u00f3n Europea - Universidad de Almer\u00eda<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cde.ual.es\/en\/support-for-the-andalusian-agricultural-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Support for the Andalusian agricultural sector | CDE Almer\u00eda - Centro de Documentaci\u00f3n Europea - Universidad de Almer\u00eda\" \/>\n<meta property=\"og:description\" content=\"The European Investment Bank (EIB) and the Junta de Andaluc\u00eda have joined forces once again to support and promote the development of Andalusia&#8217;s agricultural sector, which in addition to historically facing a funding gap of over \u20ac1 billion a year, has also been affected by factors including Brexit and the COVID-19 pandemic. 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