Read the text on the left pane and use the clues to answer the questions on the right pane.
The European agricultural fund for rural development (EAFRD) finances the EU's contribution to rural development programmes (RDPs). It is the “second pillar” of the CAP, with an allocated budget of €95.5 billion. This includes €8.1 billion from the next generation EU recovery instrument to help address the challenges posed by the COVID-19 pandemic. It consists of measures and projects that contribute to the EU-wide objectives of: • improving the competitiveness of agriculture • encouraging sustainable management of natural resources and climate action • achieving a balanced territorial development of rural economies and communities • Programmes are prepared on a national or regional basis, and must work towards specific targets relating to the EU’s rural development objectives.
What is the primary purpose of the European Agricultural Fund for Rural Development (EAFRD)?
Supporting urban development initiatives.
Financing healthcare programs.
Contributing to rural development programs.
Enhancing transportation infrastructure.
How much is the allocated budget for the EAFRD, including the next generation EU recovery instrument for addressing COVID-19 challenges?
€50 billion
€95.5 billion
€8.1 billion
€100 billion
Which objective is NOT part of the EU-wide objectives targeted by the EAFRD?
Improving the competitiveness of agriculture.
Encouraging sustainable management of natural resources and climate action.
Advancing urban development initiatives.
Achieving a balanced territorial development of rural economies and communities.
How are the rural development programs prepared under the EAFRD?