Agricultural and fisheries subsidies
08/08/2023
More than USD 635 billion a year is spent on subsidies in the global agricultural sector, while in the fisheries sector it exceeds USD 35 billion a year.
En la agricultura, los subsidios superan los USD 635 000 millones al año y en el sector pesquero estos sobrepasan los USD 35 000 millones al año.
Damania, Richard; Balseca, Esteban; de Fontaubert, Charlotte; Gill, Joshua; Kim, Kichan; Rentschler, Jun; Russ, Jason; Zaveri, Esha. 2023. Detox Development: Repurposing Environmentally Harmful Subsidies. © Washington, DC : World Bank.
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Instruments:
- Payments or subsidies to the producer based on farm services (mechanization, etc.)
- Payments or subsidies to the producer for the acquisition of fixed assets (fixed capital formation)
- Payments or subsidies to the producer based on agricultural production
- Payments or subsidies for the acquisition of variable inputs (eg fertilizers)
- Consumer prices subsidies for agrifood products
- Export subsidies
- Subsidies to interest rates on agricultural loans
- Support or subsidy for the acquisition of production assets
- Support or subsidy for agricultural producer prices
- Incentives or subsidies for the adoption of good sustainable production practices