Spanish Government Supports Canary Islands Banana Producers with €141.1 Million

Overview

The Spanish government has unveiled a €141.1 million support program aimed at banana producers in the Canary Islands for the 2026 agricultural season. This initiative is part of the European Union's broader agricultural aid scheme.

Eligibility Criteria

Producers must:

• Hold the Protected Geographical Indication (PGI) 'Plátano de Canarias'
• Have their operations within the Canary Islands
• Maintain outdoor cultivation methods to qualify for the full benefits

Type of Aid

Eligible farmers can receive two types of aid:

• A base subsidy depending on their reference production quantities
• An additional per-hectare payment of €1,200 for those maintaining outdoor cultivation methods

Goals

This move aims to:

• Bolster local banana farmers
• Preserve traditional farming practices
• Support the island’s economy

Application Process

• Managed through the Canary Islands government
• Applications accepted online from January 15 to February 15, 2026

Additional Notes

This announcement highlights the government's commitment to supporting the agriculture sector amid ongoing economic and environmental challenges.

For residents and expats alike, it signals a strong backing for the iconic Canary Islands banana industry — a vital part of local culture and identity.