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FARM MINISTER: FUNDING FOR FORESTATION RAISED

 

Farmers investing in forestation could receive by up to 130% more in subsidies, in a bid aimed at boosting forestation to combat climate change, István Nagy, the farm minister, told public news channel M1. The subsidies have been raised to 432 euros from 172 euros per hectare and will be available for a longer, 12-year term, he said. The funding for planting certain species of trees, such as acacias, has also been raised substantially, Nagy added.