Gyeonggi-do to Provide Up to 40% More Support for Eco-Friendly Farms' Damage Recovery Costs in Case of Disasters

Gyeonggi Provincial Government

Gyeonggi Province will provide up to 40% more restoration funds to eco-friendly farms affected by disasters compared to general farms.

On the 10th, Gyeonggi Province announced that following the revision of the 'Ordinance on the Promotion and Support of Eco-friendly Agriculture and Fisheries,' eco-friendly agricultural and fishery product producers will receive 40% more disaster restoration funds when disasters occur.

Eco-friendly agricultural and fishery product producers incur higher production costs than general farms due to efforts such as minimizing the use of chemical materials, but disaster restoration funds have been provided equally until now.

Income survey analysis by the Gyeonggi-do Agricultural Research and Extension Services also showed that production costs for eco-friendly farms are about 40% higher than those for general farms.

Based on disaster restoration fund support statistics over the past three years (2021?2023), it is estimated that an additional 60 million KRW of provincial funds will be required annually to support eco-friendly agricultural and fishery product producers.

Gong Jeong-sik, Director of the Agricultural, Fishery, and Life Sciences Bureau of Gyeonggi Province, stated, "This additional disaster restoration fund support for eco-friendly agricultural and fishery product producers is the first of its kind in the nation," adding, "We expect it will help preserve the environment through eco-friendly agriculture and fisheries and contribute to the production of safe food for future generations."

This content was produced with the assistance of AI translation services.