{"id":47678,"date":"2024-11-06T19:57:33","date_gmt":"2024-11-06T19:57:33","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/public-subsidies-on-agriculture-needed-for-innovation-productivity-oecd"},"modified":"2024-11-06T20:38:26","modified_gmt":"2024-11-06T20:38:26","slug":"public-subsidies-on-agriculture-needed-for-innovation-productivity-oecd","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/public-subsidies-on-agriculture-needed-for-innovation-productivity-oecd","title":{"rendered":"Public subsidies on agriculture needed for innovation, productivity: OECD"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>Public subsidies on agriculture has been \u201cnear historic highs\u201d but still not aimed at innovation and productivity, the Organization for Economic Cooperation and Development (OECD) said on Wednesday.<\/p>\n

The global public subsidies by some 54 countries reached $842 billion on average per year between 2021-2023, according to this year\u2019s OECD Agricultural Policy Monitoring and Evaluation report.<\/p>\n

Government support for agriculture was seen the highest in China, whose share among the 52 countries was at 37%, followed by the US with 15%, India with 14%, and the EU as a whole with 13%.<\/p>\n

\u201cThe share of estimated support dedicated to general services such as innovation, biosecurity or infrastructure averaged only 12.6% of total support in 2021-23, (and) while it has been fairly stable since 2020, this share is well below the 16% seen at the beginning of the 21st century,\u201d the OECD said in a statement.<\/p>\n

Secretary-General Mathias Cormann stated that while government efforts in agriculture can help \u201cfuture-proof\u201d the industry, farm subsidies are still high and they are \u201ccounter-productive\u201d to sustainable productivity growth.<\/p>\n

The report said that individual farmers were granted $628 billion per year over 2021 and 2023, above pre-pandemic levels\u2014while most of the support came in from policies, approximately $334 billion annually, the rest was sourced from taxpayer money.<\/p>\n

\u201cHigher world market prices rather than policy reforms,\u201d which have seen a drop of 8% in 2021-2023, led to 10% decline in budgetary support, the report showed.<\/p>\n

The OECD advised that governments need to set clear objectives for sustainable productivity growth strategies, invest in the capacity to measure results, adjust policies, and reduce the negative environmental impact by addressing harmful measures and reorienting agricultural support accordingly.<\/p>\n

The organization also said that governments should \u201cincrease the share of producer support linked to environmental practices, use results-based policies and continuously monitor their effectiveness, and target innovation systems towards the combined objective of improved productivity.\u201d<\/p>\n

For More News And Analysis About Mauritius Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. Public subsidies on agriculture has been \u201cnear historic highs\u201d but still not aimed at innovation and productivity, the Organization for Economic Cooperation and Development (OECD) said on Wednesday. The global public subsidies by some 54 countries reached $842 billion on average per year between 2021-2023, according to this year\u2019s OECD Agricultural Policy […]<\/p>\n","protected":false},"author":84,"featured_media":47677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[2868,4842,241,2853],"class_list":["post-47678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-agriculture","tag-government-subsidies","tag-mauritius","tag-oecd"],"yoast_head":"\nPublic subsidies on agriculture needed for innovation, productivity: OECD - Mauritius<\/title>\n<meta name=\"description\" content=\"Public subsidies on agriculture has been \u201cnear historic highs\u201d but still not aimed at innovation and productivity, the O ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/public-subsidies-on-agriculture-needed-for-innovation-productivity-oecd\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Public subsidies on agriculture needed for innovation, productivity: OECD\" \/>\n<meta property=\"og:description\" content=\"Public subsidies on agriculture has been \u201cnear historic highs\u201d but still not aimed at innovation and productivity, the O ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/public-subsidies-on-agriculture-needed-for-innovation-productivity-oecd\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-06T19:57:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-06T20:38:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2024\/11\/sm_1730912756.57303.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/public-subsidies-on-agriculture-needed-for-innovation-productivity-oecd#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/public-subsidies-on-agriculture-needed-for-innovation-productivity-oecd\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Public subsidies on agriculture needed for innovation, productivity: OECD\",\"datePublished\":\"2024-11-06T19:57:33+00:00\",\"dateModified\":\"2024-11-06T20:38:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/public-subsidies-on-agriculture-needed-for-innovation-productivity-oecd\"},\"wordCount\":320,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/public-subsidies-on-agriculture-needed-for-innovation-productivity-oecd#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2024\/11\/sm_1730912756.57303.jpg\",\"keywords\":[\"Agriculture\",\"government subsidies\",\"Mauritius\",\"OECD\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/public-subsidies-on-agriculture-needed-for-innovation-productivity-oecd#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/public-subsidies-on-agriculture-needed-for-innovation-productivity-oecd\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/public-subsidies-on-agriculture-needed-for-innovation-productivity-oecd\",\"name\":\"Public subsidies on agriculture needed for innovation, productivity: OECD - 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