This report compares current United States and European Union (EU) efforts in the area of green payments. Green payments refer to "payments made to agricultural producers as compensation for environmental benefits that accrue at levels beyond what producers might otherwise achieve under existing market and regulatory conditions" (summary). The report gives an overview of policies, programs, financing, and various other aspects of comparison related to the topic.
This report uses data from two public sources to compare agricultural support between the United States and the European Union (EU): (1) estimates of domestic support for agricultural programs based on World Trade Organization (WTO) notifications; and (2) the Organization for Economic Cooperation and Development's (OECD's) country-level policy database. Each of these data sources uses a slightly different metric to evaluate agricultural support. The report includes an overview of farm programs in the U.S. and EU, comparisons of support based on the metrics, and conclusions with policy implications.