The formal adoption of the Programme gives Welsh Government the green light for detailed planning for work to increase the sustainability and resilience of our natural environment, our farms, food and other rural businesses, and our rural communities.
Through the previous Rural Development Plan (2007-2013), we showed how to make the most through investing in our rural communities, and all they have to offer their residents, through a huge variety of projects.
The Deputy Minister said the new RDP will be even more innovative, adaptable and integrated in order to ensure maximum value is secured for rural Wales from the Programme's joint EU/Welsh Government-funded investments.
The Deputy Minister said:
The Wales Rural Development Programme 2014-2020 is a seven-year European Agricultural Fund for Rural Development (EAFRD) programme co-funded by the European Union and Welsh Government. The total budget for the Wales 2014-2020 RDP, based on 2014 exchange prices, is £957m across the programme period, compared to £847m in the 2007-2013 RDP.
The Welsh Government consulted extensively with our stakeholders to inform the development of the new RDP and we submitted our application to the Commission back in July last year. On May 8th we received a ‘letter of comfort’ from the Commission indicating that formal approval was imminent.
Today’s announcement allows us to complete the detailed planning of a number of new schemes and initiatives within the RDP. Local approval for the Programme's operating framework can also now be sought from the All-Wales Programme Monitoring Committee that provides oversight for all of the major EU funding streams coming into Wales. Once this detailed work is undertaken Ministers will officially launch the new RDP in the Autumn.
Source: Welsh Government