Government policies providing more than USD 500 billion to farmers every year distort markets, stifle innovation and harm the environment (OECD)

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The latest edition of the OECD’s annual Agricultural Policy Monitoring and Evaluation report shows that the support policies implemented by the 54 countries studied – all OECD and EU countries, plus 12 key emerging economies – provided on average USD 536 billion (EUR 469 billion) per year of direct support to farmers from 2017 to 2019.

To read the full report, refer to the OECD website.