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France announces €1 billion aid for farmers recovering from drought, heatwaves

France

France on Friday allocated more than €1 billion in aid to support farmers recovering from droughts after a brutal, record-breaking summer. The allocation includes €520 million for rapid payments to ‌help farmers deal with weather damage and a €235 million recovery ​fund to buy seeds, plants and ​animal feed, Agriculture Minister Annie Genevard said.

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Sunflowers suffer from lack of water, as Europe is under an unusually extreme heat wave, in Beaumont du Gatinais, 60 miles south of Paris, France, August 8, 2022.
Cover image: Sunflowers suffer from lack of water on a farm in Beaumont du Gatinais, France, August 8, 2022. © Aurelien Morissard, AP

France on Friday announced more than €1 billion ($1.16 ​billion) in aid for farmers after this summer's record heatwaves and droughts devastated crops, pastures and water supplies.

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DOWN TO EARTH
Cover image: DOWN TO EARTH © FRANCE 24

 

The support comes as ​the government ‌is working on a politically perilous budget ⁠for next year, with Paris seeking to keep the deficit under control ahead ‌of a 2027 presidential election.

"One billion euros represents a ⁠massive effort given the current budgetary context," Agriculture Minister Annie Genevard told reporters.

About half of the package – €520 million – ​will be sent out as rapid payments to ‌help farmers deal with weather damage, she said.

France's main farmers' union, the FNSEA, said farmers had already suffered at least €10 billion of ‌lost production. The livestock and arable sectors have already estimated their losses at more ​than €5 billion each.

"The immediate goal is to manage the emergency," Genevard said.

About 30,000 to 35,000 farms were in financial trouble, ​she said.

Read moreFrance recorded 'hottest summer ever' in 2026, environment minister says

 

The aid plan also creates a €235 million recovery ​fund to help farms buy seeds, plant and ​animal feed after droughts left farmland parched. Further measures include land-tax relief, help with social-security ​payments and a fuel subsidy.

The finance ministry has said this summer's dry and hot weather could shave 0.1 percentage points off France's economic growth this year, mainly due to lost ⁠farming revenue.

Another heatwave is expected this week in the European Union's largest ⁠agricultural producer.

(FRANCE 24 with Reuters)