Ireland’s Rural Development Programme 2014 - 2020 is co-funded by the EU’s European Agricultural Fund for Rural Development (EAFRD) and the national exchequer. EU support for the RDP via the EAFRD amounts to an aggregate sum of €2.19 billion over the 7-year Programme lifespan. This EU funding is supplemented by exchequer funding bringing the total allocation to some €4 billion.
The annual breakdown of total EU support under the Rural Development Programme for Ireland is set out in annex 1 of Regulation (EU) No 1305/2013 – see table 1. The annual breakdown of EAFRD funding is only made at aggregate level and is not transferred down to measure/sub-measure level (or scheme level).
If the amount of EAFRD expenditure drawn down in a calendar year is less than the annual breakdown, the difference between the actual EAFRD expenditure and the annual breakdown may be reviewed without changing the overall EAFRD allocation for the period. Essentially, any unspent EAFRD funds in a year are carried forward to subsequent years. The overall amount of €2.19 billion EAFRD funding will be spent over the 7-year programme period.
Table 1: Annual EAFRD contributions in (€)
2014
|
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
Total
|
313,148,955
|
313,059,463
|
312,967,965
|
312,874,411
|
312,779,690
|
312,669,355
|
312,485,314
|
2,189,985,153
|