Financial instruments co-funded by the European Agricultural Fund for Rural Development are a sustainable and efficient way to invest in the growth and development of people, businesses and resources in the agriculture and forestry sectors as well as in the rural economy. They can support a broad range of development objectives to the benefit of a wide range of recipients with the potential for funds to be reused for further investments. The European Agricultural Fund for Rural Development (EAFRD), which is the funding instrument of the second Pillar of the Common Agricultural Policy of the European Union and one of the European Structural and Investment Funds, aims at strengthening the EU’s agriculture, forestry sector and rural areas in general.