European Agricultural Guidance and Guarantee Fund (EAGGF)

Fonds européen d'orientation et de garantie agricole (FEOGA)
Fondo Europeo de Orientación y de Garantia Agricola (FEOGA)
Europäischer Ausrichtungs- und Garantiefonds für die Landwirtschaft (EAGFL)
Fundo Europeu de Orientação e de Garantia Agricola (FEOGA)
Fondo Europeo di Orientamento e Garanzia Agricola (FEOGA)
Europees Oriëntatie- en Garantiefonds voor de Landbouw (EOGFL)
Europeiska Utvecklings- och Garantifonden för Jordbruket (EUGFJ)
Europaeiske Udviklings- og Garantifond for Landbruget (EUGFL)
Evropaiko Georgiko Tamio Prosanatolismuke Engviseon (EGTPE)
Euroopan Maatalouden Ohjaus- ja Tukirahaston (EMOTR)

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History

4 Apr 1962, as a single fund, in accordance with article 40/4 of Treaty on the Functioning of the European Union (TFEU) setting up European Community, by Regulation 25 adopted by the Council of Ministers of the 6 EEC founder members (Belgium, France, Germany FR, Italy, Luxembourg, Netherlands). Because of the wide variety of types of expenditure for which the Fund is responsible, Regulation No 17/64/EEC, 5 Feb 1964, divided it into 2 sections: the Guarantee Section for Community expenditure arising under the policy on markets and prices, and the Guidance Section for Community expenditure under the policy relating to agricultural structure. Following a transitional period during which expenditure under the Common Agricultural Policy was gradually taken over by the Community budget, the present arrangements were instituted by Council Regulation (EC) No 1258/1999 of 17 May 1999, As a constituent of European Communities (EC), and now of European Union (EU), comes under the Agriculture Directorate-General of European Commission (EC). Works jointly on specific objectives with European Social Fund (ESF), European Regional Development Fund (ERDF) and, from 2007, European Fisheries Fund (EFF), together comprising the Structural Funds of the European Community. Ceased to exist, 1 Jan 2007, when replaced by European Agricultural Guarantee Fund (EAGF) and Voorburg Group on Service Statistics.

Aims

Channel finance under the EC 'Common Agricultural Policy (CAP)' in order to: increase agricultural productivity through technical progress, rational development of production and optimum utilization of the factors of production; ensure a fair standard of living for the agricultural community; stabilize markets; ensure supplies and reasonable prices to consumers.

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Activities

The Fund channels expenditure on Common Agricultural Policy (CAP) -- Politique agricole commune (PAC) through two Sections:

I: 'Guarantee', sometimes referred to as European Agricultural Guarantee Fund, finances expenditure (normally 100 %) on: agricultural market organizations; rural development measures accompanying market support and rural measures outside Objective 1 regions; certain veterinary expenditure and information measures relating to CAP.

II: 'Guidance', sometimes referred to as European Agricultural Guidance Fund, financing rural development expenditure not financed by the Guarantee Section.

Financial resources are made available to member states by means of advances on provision for expenditure incurred, in effect reimbursing expenditure incurred (pre-financed) by member states. In addition, working capital may be made available to member states for implementing rural development programmes. Admissibility of claims and compliance with Community rules are checked before payment is authorized; only expenditure incurred by accredited paying agencies (approved authorities and bodies of member states which offer sufficient guarantees) may be the subject of Community financing. Member states forward statements of expenditure to the Commission each month and, at the end of the financial year, an annual statement of expenditure together with an attestation regarding the completeness, accuracy and veracity of the accounts transmitted.

Structure

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Languages

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Financing

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Relations with Inter-Governmental Organizations

Relations with 7 inter-governmental organizations.
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Relations with Non-Governmental Organizations

Relations with 1 non-governmental organizations.
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Publications

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Members

Members in 27 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Commerce
    • Funds
  • Industry
    • Production
  • Research, Standards
    • Standards
    • Certification
  • Education
    • Vocational Guidance
  • Agriculture, Fisheries
    • Agriculture

UN Sustainable Development Goals **

GOAL 2: Zero HungerGOAL 4: Quality EducationGOAL 12: Responsible Consumption and ProductionGOAL 16: Peace and Justice Strong Institutions

UIA Org ID

F3548

Last News Received

18. Dec 2008
* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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