Written question asked by Edward Morello (Liberal Democrat) on Friday, 21 February 2025, in the House of Commons. It was due for an answer on Tuesday, 25 February 2025. It was answered by Daniel Zeichner (Labour) on Thursday, 27 March 2025 on behalf of the Department for Environment, Food and Rural Affairs.

Agriculture: Technology

Question: To ask the Secretary of State for Environment, Food and Rural Affairs, what steps his Department is taking to facilitate access to low-interest loans for agribusinesses investing in sustainable technologies.

Answer: Previous support has been offered primarily in the form of grants. For example, the Farming Equipment & Technology Fund (FETF) has helped ensure technologies supporting both productivity and sustainability can be adopted by UK farmers. We are looking to explore alternative means to improve access to finance for both the development and adoption of new agri-technologies, including opportunities to collaborate with public finance institutions.

Secondary information