How can we mobilise and target more climate-smart finance for SMEs and smallholder farmers? CRAFT together with the Dutch Ministry of Foreign Affairs, @SNVWorld, @WWF Zambia, @WageningenUR, The Alliance of Biodiversity International discussed this question at the 2023 @AdaptationFutures-te1hf conference.
Narrative of the event:
Climate change is increasingly threatening agri-food systems with rising temperatures, unpredictable rainfall patterns, and increasing extremities such as floods and prolonged droughts. Climate-smart finance, using science-based climate assessments, combined with selected climate adaptation practices and technologies can help improve food security and farmer resilience to climate change.
Such extremes in addition to external shocks such as the war in Ukraine, are affecting global markets and increasing prices for the most vulnerable members of society. Women and minorities are disproportionally affected.
The cost of inaction is as much as 20-fold the investment costs of adapting agricultural practices now. New approaches are needed to rapidly integrate #climate adaptation, mitigation and embed a culture of long-term disaster risk reduction practices in food crop production and supply systems.
More innovative and climate-smart finance is needed to leverage investment in interventions that promote market-driven adoption and scaling of inclusive, climate-smart business to enhance risk reduction and climate resilience along agricultural value chains.
#climatechange #climateadaptation #climatefinance #eastafrica
18 сен 2024
