The Sustainable Farming Incentive (SFI) is a new government scheme that provides financial support to farmers to adopt and maintain sustainable farming practices that can protect and improve the environment.
The SFI offers a 3-year agreement that rewards farmers for implementing environmentally friendly practices such as improving soil health, enhancing biodiversity, and reducing carbon emissions.
Key points:
You can ‘pick and mix’ from a variety of actions.
- Payments will be made quarterly.
- A management payment will contribute to participation costs.
- You have the option to incorporate new actions into your agreement annually.
- The SFI will support annual health and welfare checks for your livestock.
- Tenant farmers can participate in SFI agreements if they have expected management control throughout the duration.
What’s on offer?
There are currently 23 actions available and we are expecting a further 50 actions to be launched in Summer 2024, including precision farming and agroforestry.
Let us know if we can help you.