Browsing: UN Climate Change Conference

COP 27 what's in it for Africa

The calls for concrete, concomitant, and substantive actions against carbon emissions are not an exaggeration. The effects of climate change are obvious, even for the casual observer to see. Presently a devastating hurricane, Ian has made landfall on the United States coast of Florida. The tropical storm which tore through Cuba and made landfall in the United States a day ago has reportedly left an estimated 2.5 million people without electricity.

NBC News called hurricane Ian one of the most powerful storms ever to hit the United States. The hurricane it is said, has caused devastation and flooding that has left residents of Miami and Florida trapped in their homes. Hurricane Ian has been described as a category 4 hurricane with speeds of as much as 150 miles per hour or 240 kilometres per hour. Speeds like that make such a storm a threat to life and property. President Joe …

As traditional markets were upended due to COVID-19-related supply chain and transportation disruption, the RPSF stepped in to provide small-scale farmers with seeds, fertilizer, access to liquidity and information. Support for digital services like e-marketing and e-money were also increased. Twenty million people have received support in 59 hard-hit countries through the RPSF so far in the past two years. 

The Annual Report 2021 also highlights IFAD’s efforts to expand its resource mobilisation by enlisting the participation of private sector partners. This builds on IFAD’s A++ credit rating, attained in 2020, which has allowed the agency to pursue co-financing through partnerships and thereby complement its core three-year “replenishment” resources. In June 2021, IFAD also launched a Sustainable Development Finance Framework to guide engagement with institutional impact investors who focus on sustainable finance. 

Other milestones in 2021 for IFAD included continuing advocacy for rural people and for a transformation of food…