| ID: | 71313 |
|---|---|
| Country: | United Kingdom |
| Title: | Executive Director of GCFund and IFAD AVP SKD sign a grant agreement |
| Description: |
Glasgow, 8 November 2021 – Yannick Glemarec, Executive Director of Green Climate Fund, and Jyotsna (Jo) Puri, IFAD Associate Vice President of the Strategy and Knowledge Department, meet at COP26 for the signing ceremony of a grant agreement between the IFAD and the Green Climate Fund (GCF). A new US$143 million investment programme will ensure millions of the most at-risk rural people living in the Sahel region of West Africa can adapt to climate change, with a wide-reaching plan to restore degraded land and provide climate information systems and agricultural insurance. The announcement was made today at the UN climate change conference (COP26) during a signing ceremony of the grant agreement between the UN’s International Fund for Agricultural Development (IFAD) and the Green Climate Fund (GCF). The Africa Integrated Climate Risk Management Programme will operate in seven countries: Burkina Faso, Chad, The Gambia, Mali, Mauritania, Niger and Senegal. This is part of the African-led Great Green Wall (GGW) initiative which aims to restore degraded landscapes in the Sahel, one of the world’s poorest regions. “Small-scale farmers urgently need investments to adapt to the impacts of climate change, especially in the Sahel region where their lives and livelihoods are under enormous threat. With financial support, infrastructure and access to technology, we can help create a new generation of climate -resilient farmers and rural communities in the Sahel,” said Gilbert F. Houngbo, President of IFAD. “Our partnership with IFAD will help build the Great Green Wall to ensure vulnerable rural communities in Africa can shape their own futures in a warming world. GCF’s $82.8 million investment will enhance climate resilience in the Sahel by helping smallholder farmers access agricultural insurance and strengthen climate weather information services,” said Yannick Glemarec, Executive Director of Green Climate Fund. |
| Size: | 2.93 MB; 9504 x 6336 pixels; 805 x 536 mm (print at 300 DPI); 2515 x 1676 mm (screen at 96 DPI); |
| Show more details: | Mark F Gibson |
| Copyright: | ©IFAD/Gibson Digital |
| Categories: | none |
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