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Friday, June 24, 2022

Enhancing food security: GCA, WorldBank to boost smallholder farmers' investment with N251bn - ITREALMS

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The Global Center on Adaptation (GCA) has said its providing technical advisory support to a new World Bank’s investment project in Ethiopia valued at $600 million, about ₦251,962,109,400.00 to enhance the resilience of food systems and preparedness for food insecurity, reports ITREALMS.
A press statement available to ITREALMS by the Communications Specialist at GCA, Chinedu Moghalu, pointed out that as a result of climate change, smallholder farmers in Ethiopia are suffering from greater variability and extreme weather events, increased temperature and declining rainfall in a country where 85 percent of farmers are depended on rain-fed agriculture.
“Ethiopia is currently in the middle of one of the worst droughts for 50 years which follows 12 to 18 months of erratic and failed rains which have dried up many water sources. The war in Ukraine and subsequent rising wheat, fuel and fertilizer costs are also worsening the country’s food crisis,” he said.

Moghalu also noted that GCA adds value to accelerate adaptation to climate in the implementation of the project by carrying out specific activities including the assessment of climatic risks to smallholders in in 14 priority value chains in the crop/livestock sub-sectors; identify digital adaptation tools that can address these risks and, assess opportunities and constraints to their deployment in the country

“It is expected that the project will result in 2.4 million farmers adopting resilience-enhancing technologies and practices; 15 per cent reduction of food insecure people in program targeted areas; 20 per cent increase in yields of cereals and pulses in households benefiting directly from the project and a 25 per cent increase in volume of agricultural products sold in domestic and regional markets,” he said.

The Chief Executive Officer of the Global Center on Adaptation, Patrick Verkooijen, was quoted as saying that technology is rapidly changing the way food is produced, transformed, and distributed.

“In addition to assessing the climatic risks that smallholders face, GCA’s support to the project explores the opportunity to address these risks by deploying digital tools to provide solutions much needed by smallholders and, serve as a potential game changer in the quest for climate resilience and enhanced food security in Ethiopia. The partnership with the World Bank through this project is therefore very much welcome,” the CEO said.

Equally speaking, the Task Manager of the Project in Ethiopia, Elliot Mghenyi, said “We look forward to options to deploy digital solutions to promote climate adaptation for rural households engaged in various agricultural value chains in Ethiopia.”
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