France announces €1 billion aid for farmers recovering from drought, heatwaves
Summary
France has set aside more than €1 billion to help farmers recover from the drought and heatwaves that damaged crops and water supplies after a record-hot summer in 2026. The aid includes quick payments to cover immediate losses and funds to buy seeds, plants, and animal feed.Key Facts
- France is providing over €1 billion ($1.16 billion) in aid for drought- and heatwave-affected farmers.
- €520 million will be sent quickly to farmers to manage weather-related damages.
- A €235 million fund is created to help farmers buy seeds, plants, and animal feed.
- About 30,000 to 35,000 farms are facing financial difficulties due to the weather.
- Farmers’ unions estimate losses of at least €10 billion from this summer’s heat and drought.
- The aid package also includes land-tax relief, help with social security payments, and fuel subsidies.
- The finance ministry warned that the drought may reduce France’s economic growth by 0.1 percentage points this year.
- Another heatwave is expected soon in France, the EU’s largest agricultural producer.
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