AfDB-COP26: 'Mission 1 for 200', a financing facility for food and nutrition in Africa, will give African farmers support to adapt to climate change.
ENPNewswire-November 11, 2021--AfDB-COP26: 'Mission 1 for 200', a financing facility for food and nutrition in Africa, will give African farmers support to adapt to climate change
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Release date- 10112021 - A financing facility for food and nutrition in Africa that has the backing of African governments will be a game changer for mobilising finances and technology for African smallholder farmers who bear the brunt of climate change-induced negative impacts.
'Mission 1 for 200,' as it has now been redubbed, aims to increase access to an affordable and nutritious diet by Africa's food insecure populations and deliver climate resilient technologies to 40 million farmers, African Development Bank president Dr. Akinwumi A Adesina said during his presentation of the facility on the sidelines of the COP26 summit on Monday 8 November.
The African Development Bank, together with governments and development partners have given a nod to the financing facility that has the ambitious goal of mobilizing $1 billion to feed 200 million people in Africa by 2025.
'This facility will actually allow us to produce 100 million metric tons of food, enough to feed 200 million Africans...allowing us to cut down hunger in Africa by 80%,' Dr Adesina said. 'The vision is clear. Together let's achieve zero hunger in Africa,' he added.
Dr. Adesina spoke at an event titled Financing Agriculture Adaptation in Africa, co-hosted by the African Development Bank and the International Fund for Agricultural Development (IFAD), at the COP26 Africa Pavilion in Glasgow.
The session included Professor Moussa Balde, Senegal's Minister of Agriculture and Rural Equipment; Josefa Sacko, Commissioner for Agriculture, Rural Development,
Blue Economy and Sustainable Environment, African Union Commission; Patrick Verkooijen, CEO Global Commission for Adaptation; Carlos Manuel Rodriguez, CEO and Chairperson of the Global Environment Facility; and Roy Steiner, Managing Director of the Rockefeller Foundation.
Echoing Adesina's remarks, IFAD President Gilbert Houngbo said technology would be the key to productivity and the 'three p's' - production, productivity and protection.
'It's not about investing in food production - it's about investing in the people behind the food production. We can't wait. We have to start now,' he added.
Other panelists in the session discussed options for adaptation as a means to improve African food systems...
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