The Spanish government has approved €22 billion for the improvement of irrigation and the digitalization of the water cycle, reports EuropaPress.
The First Vice President and Minister of Economic Affairs and Digital Transformation, Nadia Calviño, said during her speech that these resources will be accompanied by additional measures to alleviate the impact of drought, felt throughout the country. Measures that were approved on Thursday and include direct state aid for the agricultural and livestock sectors that exceed €636 million, or subsidies of up to 70% of the cost of insurance policies for the crops most affected by the drought.
The economic impact of the measures adopted in the agricultural sector amounts to more than 784 million euros.
As well as the financial aid to alleviate the impact of drought, the Spanish Government is also mobilizing 22 billion euros for irrigation and the PERTE plan for the Digitalization of the Water Cycle. This aid will help continue advancing in structural solutions "that allow the best use of water resources and adaptation to climate change, which is already visibly affecting the nation.”
The lack of rain in Spain continues to deplete the water reserves of reservoirs across the country. This year is the fifth year with less water stored in the reservoirs since records have been kept.
