Germany will spend €170 million on emergency aid to farmers

German farmers have sustained heavy losses due to an unusually hot and dry summer, and now they need government aid. But experts warn that many more summers like this are still to come.

Daria Sukharchuk
Daria Sukharchuk NewsMavens, Central & Eastern Europe
Germany will spend €170 million on emergency aid to farmers - NewsMavens
Drought. Pixabay

Why this story matters:

Summer in 2018 gave us all a taste of climate change -- and in all likelihood, heatwaves of the sort will become a lot more frequent in the future.

This year, the German government is stepping in to rescue the farmers hit by the drought, but what will European governments do if this becomes the norm?

And that is not counting potential damages resulting from forest fires or rivers running dry.

For now, rich European nations like Germany don't need to worry about food scarcity, or even food prices going up -- contrarily to impoverished regions, which could be hit extremely hard by these weather fluctuations. But still, if the trend keeps, the future of food in Europe could be bleak.

Details from the story:

  • The German Ministry of Agriculture has agreed to spend €170 million on emergency aid to farmers, with the federal lands providing almost as much.
  • More than 100,000 farming businesses are estimated to be hit by the drought
  • Matin Qaim, professor of international food economics and rural development at the University of Göttingen, told believes "this summer has been a very unusual one when compared with the past, [but] it will become less and less unusual over the coming years."
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