No. 34 The future of the Common Agricultural Policy 34 ANALYSIS AND PROSPECTIVE STUDIES CULTIVAR • funds allocated exclusively (ring-fencing) to support less developed regions, which will correspond to 29% of the total; • funds that Member States may allocate as they see fit (outside ring-fencing) to measures under both the CAP and for less developed regions, which will correspond to around 32% of the total. According to the available data, the corresponding funds allocated to Portugal will amount to around €31.6 billion, which will be distributed as follows: • almost 24% allocated exclusively (ring-fencing) to CAP measures; • around 51% allocated exclusively (ring-fencing) to support for less developed regions; • the remaining 25% to be allocated (outside ringfencing) by Portugal according to its priorities to both CAP and Cohesion measures. If we consider that the future CAP budget will only correspond to the funds allocated exclusively to them (€293.7 billion for the EU as a whole and €7.4 billion for Portugal), we can conclude that The first group of income support measures can be divided into three different sets according to their respective funding: • interventions that can be 100% financed by the new Fund: Degressive area-based income support, Income-related support, Specific payment for cotton and Payments to small farmers; • interventions whose fundng will involve a minimum national contribution of 30% of eligible public expenditure: Payments for natural and other specific constraints; Payments for discrepancies resulting from certain mandatory requirements; Risk management instruments; Setting up of young farmers, new farmers, rural businesses and start-ups; Sectoral interventions and Replacement services; • Support for investments for farmers and foresters, for which funding may reach a maximum support rate of 75% of total eligible costs, but may reach 85% in the case of young farmers. both will be lower, at nominal prices, than the corresponding CAP values in force at constant 2027 prices. However, it should be emphasised that these amounts correspond to the respective budget minimums, which, as I will highlight later, may be reinforced by funds If we consider that the future CAP beutdg will correspond only to the funds allocated to them exclusively ... we can conclude that both will be lower, at nominal prices, than the corresponding CAP figures in force at constant 2027 prices. It should also be noted that any additional support that each Member State wishes to allocate on the basis of the corresponding nonexclusive CAP and Cohesion funds may be financed by minimum national contribution rates of 15% in the case of less favoured regions, 40% for outside the CAP and Cohesion ring fencing. Thirdly, the elimination of the two pillars of the current CAP and their replacement by two groups of interventions: • a diversified set of direct and indirect income support measures for producers; • a new Green Architecture. regions in transition and 60% for the most developed regions. In turn, the new Green Architecture is based on two different categories of measures: the now called Farm stewardship (responsible farm management), which will replace the current cross-compliance and will continue to integrate different types of practices
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