932. Deputy Martin Kenny asked the Minister for Agriculture, Food and the Marine if his Department will provide funding for farmers to offset the increase in the cost of fertiliser; and if he will make a statement on the matter. [39970/26]

My Department has no function in terms of fertiliser cost beyond the regulatory function of ensuring products placed on the market are in keeping with the fertiliser regulatory framework and that standards such as nutrient content etc. are as described. However I continue to monitor the market situation and engage with the fertiliser importers.

The EU Commission published its Fertiliser Action Plan on 19 May. My Department is currently reviewing the Fertiliser Action Plan and will continue to do so as the details of the various proposals mentioned in the Plan are brought forward by the Commission in the coming period.

The EU Commission published a draft Regulation amending the original CBAM Regulation which proposes a new Article 27a which would enable the Commission to remove a commodity from the requirements of the CBAM Regulation in the event of serious and unforeseen consequences on price. The Government supports the objective of Article 27a within CBAM and the Department of Finance continues to engage with the EU Commission on its proposal.

Farmers, when considering input requirements for their farming enterprise, should consult with their advisor to decide on the most cost effective and efficient use of inputs.