IFAD’s plea will highlight the urgent need of hundreds of millions of small-scale farmers to adapt to the new climatic reality. They produce nearly half of the world’s food and are crucial to ensure both global food security and stability. Yet, they receive less than one per cent of all climate finance. IFAD indicatively estimates the finance gap for small-scale farmers’ adaptation at about US$75 billion per year in developing countries. IFAD leaders and climate experts will be present at COP29 and are available for interviews.

Source: The North Africa Journal November 08, 2024 13:13 UTC