Press release
Eco-Scheme Balancing Payment of almost €82 million have commenced
From Department of Agriculture, Food and the Marine
Published on
Last updated on
From Department of Agriculture, Food and the Marine
Published on
Last updated on
The Minister for Agriculture, Food and the Marine, Charlie McConalogue, has confirmed today that the balancing payments under the 2023 Eco-Scheme have commenced.
The commencement of the balancing payments will bring the total paid under the 2023 Eco-Scheme thus far since 31 October 2023 to over €285 million with 113,724 farmers now in receipt of a payment. From today, almost €81 million will issue to farmers in the form of a balancing payment.
The Minister said:
“The aim of Ireland’s Eco-Scheme is to reward farmers for undertaking actions beneficial to the climate, environment, water quality and biodiversity. The payment rate is €67 per eligible hectare and I fully recognise that Eco-Scheme payments are a vital support for farmers.”
Concluding, the Minister said:
“The Eco-Scheme balancing payments are commencing today at a rate of 30%. Payments will be visible in farmers’ bank accounts in the coming days and the department will continue to process, as a matter of urgency, all remaining cases for payment as they meet scheme criteria. I would urge any farmers with outstanding requests for documentation from the department to return to allow payments to issue.”
Farmers can submit any queries they may have online via www.agfood.ie.
It is also important to note that payments may take up to 5 days to reach farmers' accounts.