The EU’s Green Deal: opportunities, threats and risks for South African agriculture

  • Date: 29-Oct-2021
  • Source: MENAFN
  • Sector:Economy
  • Country:Middle East
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The EU’s Green Deal: opportunities, threats and risks for South African agriculture

(MENAFN- The Conversation) The European Union – among a host of other countries – is seeking to implement urgent policy measures to combat the effects of climate change. In its 2030 climate target plan, the EU aims to reduce greenhouse gas emissions by 55% from 1990 levels. To that end, the EU has crafted the "Farm to Fork strategy" . Launched in 2020, it is a new approach that ensures that agriculture, fisheries, and the entire food system effectively contributes to achieving the target. The strategy is at the core of a broader initiative, the European Green Deal . It's aim is to reduce the environmental and carbon footprint in the way food is produced and consumed. The strategy lists 27 actions. These cover food production, processing, retailing, and waste. They aren't expected to be implemented until 2022, to give regulators and food system actors time to transition into the new policy regime. It has four broad pillars: The EU is seeking to compel other countries, including South Africa, to adhere to new regulations if they want to continue to access its lucrative market. This raises questions about the capacity and potential for South Africa to adapt, as well as