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Global Trade Alert

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Germany: Introduction of grant scheme to support forestry sector hit by extreme climatic events

Description

On 29 June 2020, the European Commission approved a EUR 596 (USD 745) million financial grant scheme from Germany. The aid will support forest holders and forestry associations hit by extreme climatic...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Jun 2020

Revocation date

24 Sep 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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