BFF-27 UN fund seeks big budget boost to tackle climate fallout

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CLIMATE-UN-AGRICULTURE

UN fund seeks big budget boost to tackle climate fallout

PARIS, Feb 11, 2020 (BSS/AFP) – A major spending boost is needed to
bolster agriculture in the fight against hunger, poverty, and other
consequences of climate change, the head of the UN’s International Fund for
Agricultural Development told AFP.

“We are seeking a 1.7 billion dollar contribution,” from member states to
cover 2022 to 2024, IFAD president Gilbert Houngbo told AFP on Monday.

“The needs have considerably increased,” with the rise in hunger around
the world, he added, explaining what would amount to a 54 percent jump in the
budget for the UN agency tackling poverty and hunger in rural areas of
developing countries.

“This leads us to launch an appeal which is all the more exceptional
because of the growing challenges linked to the climate,” the former Togolese
prime minister said in a telephone interview.

The appeal would be made at the fund’s board meeting in Rome this week.

The fund solicited $1.2 billion in voluntary contributions from member
states in 2017 and received $1.1 billion.

G7 and Nordic countries have been the main donors, stumping up three-
quarters of the budget, followed by China, the Netherlands, India, Saudi
Arabia, Switzerland, Ireland and Austria.

IFAD hopes to double its impact by 2030 and help more than 250 million
people living in rural areas to increase their income by at least 20 percent.

The number of people suffering from malnutrition has been on the increase
since 2015 and reached 820 million in 2018.

Hunger and small-scale agriculture are intricately linked as 80 percent of
the poor live in rural areas and small farmers account for half of the food
by calories produced in the world. With climate change making it more
difficult to farm in some areas, there is added pressure for migration.

“Our objective is to show that all these subjects are linked, that we
shouldn’t treat them in silos,” said Houngbo.

“It is impossible to eradicate poverty,” one of the UN’s goals, “if we
don’t start with small producers,” he added.

The World Bank estimates that climate change could push more than 100
million people into poverty, with half of that due to its impact on
agriculture such as inadequate rain and lower yields.

Houngbo called for shifting some of the climate change funding which
overwhelmingly goes towards helping reduce pollution to ameliorating its
impact.

In particular he advocated investing in equipment and stockage
infrastructure in Africa where as much as 40 percent of production is lost
due to a lack of machinery and adequate storage. This would in turn reduce
pressure on land and water resources, and need for fertiliser.

BSS/AFP/FI/1437 hrs