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[BUSINESS] · France · 24 sources

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France allocates over €1 billion to support farmers after extreme summer drought

France has announced a more than one billion euro emergency aid package to support its agricultural sector following a devastating summer of extreme heat, drought, and wildfires. Agriculture Minister Annie Genevard unveiled the CASI plan (Climate, Adaptation, Drought, and Fire) to prevent farm bankruptcies and safeguard national food sovereignty.

The financial package includes 520 million euros for the National Solidarity Indemnity (ISN) to compensate for crop losses, 330 million euros in property tax relief for the hardest-hit farms, and a 235 million euro agricultural rearmament fund to assist with the purchase of feed and seeds. Prime Minister Sébastien Lecornu stated that these urgent measures will be financed through new savings, including the cancellation and freezing of existing state expenditures in the 2026 budget.

The summer of 2026 was marked by unprecedented climate shocks, with 65 percent of French territory affected by drought and many regions reporting average crop yield losses of 50 percent. The Ministry of Economy estimates that these climate events will cost the French economy 0.1 percentage points of GDP in 2026. Agricultural unions, including the FNSEA, have expressed urgency, noting that the window for critical decisions regarding wheat sowing and livestock feed is rapidly closing.

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Annie Genevard · FNSEA · France · French Ministry of Agriculture · French Ministry of Economy · Ministry of Agriculture · Solidarité Paysans · Sébastien Lecornu

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