European Commission Approves Denmark Set-Aside Regime for Implementation of Climate, Nitrogen, Nature Projects

The European Commission (EC) March 9 issued State Aid Case Decision No. SA.119017, approving Denmark’s set-aside regime for the implementation of climate, nitrogen, and nature projects. The decision includes measures to: 1) estimate a total budget of 7.8 billion Danish kroner (US$1.2 billion); 2) allow aid for public and private landowners of all sizes active in the agricultural and forestry sectors, excluding undertakings in difficulty or subject to an outstanding recovery order; 3) authorize the provision of aid until Dec. 31, 2030; 4) require calculating the aid intensity and eligible costs before any deduction of tax or other charges; 5) ...