Support for the improvement of the economic value of forests from the European Agricultural Fund for Rural Development

Author (Corporate)	European Court of Auditors
Publisher	Publications Office of the European Union
Series Details	Number 8
Publication Date	2013
ISBN	978-92-9241-248-7
ISSN	1831-0834
EC	QJ-AB-13-005-EN-C
Content Type	Report
	Abstract: In 2007–13, EU budget (measure 122 of the European Agricultural Fund for Rural Development) supported investments aimed to improve the economic value of forests owned by private persons or municipalities. The Court’s audit revealed that only a few of the audited projects significantly improved the economic value of forests, either by improving the value of the land or the value of the stands. Weaknesses in the design of the measure and its monitoring mechanisms affect its success full implementation. Many of the audited projects concerned activities which would have been more appropriately financed using other specific EAFRD measures.
Source Link	Primary Source http://dx.publications.europa.eu/10.2865/83666 Alternative Source Alternative sources https://www.eca.europa.eu/Lists/ECADocuments/SR13_08/SR13_08_EN.pdf
Related Links	Official ECA: Press Release, 19.09.13: EU support for private forests: no tangible results, say EU Auditors http://www.eca.europa.eu/Lists/ECADocuments/INSR13_08/INSR13_08_EN.pdf
Subject Categories	Business and Industry, Economic and Financial Affairs, Internal Markets
Subject Tags	Forestry \| Timber
Keywords	European Agricultural Fund for Rural Development [EAFRD]
International Organisations	European Union [EU]