International Surroundings Facility (GEF) stated yesterday it had accepted 48 FAO-led tasks, price roughly $2.9 billion to $294 million in undertaking financing and $2.6 billion in co-financing, which might play a vital position in selling of sustainable transformation of agri-food techniques. to finish starvation and protect the surroundings.
FAO will lead 48 tasks and three packages that tackle challenges on the intersection of the surroundings, agriculture, forestry and marine/freshwater sources.
The initiatives, which can profit 4.2 million folks in 5 completely different areas worldwide, will restore greater than 474,000 hectares of land; enhance practices on greater than 24 million hectares of terrestrial and marine habitats; creating and enhancing the administration of greater than 2 million hectares of protected areas on land and sea. It is going to additionally scale back greenhouse fuel emissions by 133 million tons and take away 202 tons of hazardous agricultural chemical substances.
Welcoming the choice of the 66th GEF Council, FAO Deputy Director-Common Maria Helena Semedo stated: “That is the most important work program of FAO tasks accepted by the GEF Council. Working carefully with companions and nations on the bottom, these tasks have the potential to enhance hundreds of thousands of lives by way of transformation of agri-food techniques whereas serving to to realize the Sustainable Improvement Targets. Along with the GEF, we attempt to make sure international meals safety, linked to sustainable, inclusive and resilient agriculture, which advantages folks and the planet.”
About 46 nations labored with FAO to entry GEF funding in this system, together with Angola, Argentina, Barbados, Benin, Bhutan, Brazil, Cambodia, Chile, China, Dominica, Dominican Republic, Ecuador, Eswatini, Grenada , Guyana, India, Indonesia, Kazakhstan, Kyrgyzstan, Laos, Maldives, Mexico, Mongolia, Namibia, Nepal, Niger and Nigeria.
The GEF Council additionally accepted three FAO-led international and regional packages targeted on meals techniques, oceans and ecosystem restoration. The Meals System Built-in Program (FSIP), led by the Worldwide Fund for Agricultural Improvement (IFAD), will present $252 million. in undertaking financing and $2.2 billion in co-financing to 32 nations.
