º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Economic Development

º£½ÇÊÓÆµ farming budget falls short: £5bn not enough for nature-friendly agriculture, experts warn

The Government has announced £5 billion for England's farming budget over the next two years, maintaining the £2.4 billion current level for 2024/25 and 2025/26

A tractor as it ploughs a field(Image: PA)

Conservation groups have raised the alarm over a "monumental gap" between the current funding levels and the necessary investment to support nature, despite the Budget's decision to keep farming spending steady.

The Government has pledged £5 billion for England's farming budget across the next two years, sustaining the existing annual amount of £2.4 billion for 2024/25 and 2025/26, with this year's budget also absorbing a £200 million underspend from prior years.

Funds allocated to environmental land management schemes (Elms) are set to reach a record £1.8 billion as the new system takes over from old EU subsidies, which were largely based on land quantity, in favour of rewarding nature-positive farming practices and habitat creation.

Additionally, there is a commitment of £400 million over the same period for initiatives focused on tree planting and peatland restoration, designed to rehabilitate habitats and sequester carbon as part of the climate change mitigation strategy, a move experts say aligns with the funding levels of similar programmes under the past administration.

Concerns had been mounting that the Environment Department (Defra) might experience further financial reductions after enduring years of budgetary constraints, or that the Treasury would reclaim recent farming budget underspends in its efforts to address what it terms a "black hole" in the º£½ÇÊÓÆµ's finances.

Despite a slight real-term increase in overall funding for the Department for Environment, Food and Rural Affairs (Defra) over this year and the next, there's a small cut to its day-to-day spending budget. Officials have raised the alarm over a sizeable £600 million in "funding pressures" within the farming and flood defence budgets essentially unmet financial obligations.

The Wildlife Trusts' head of public affairs, Elliot Chapman-Jones, commented: "Nature-friendly farming is central to both nature recovery and food security."

He highlighted a stagnant farming budget, complicating progress for nature restoration: "However, the overall farming budget remains largely the same, which makes the necessary improvements needed for nature much harder to achieve."