Climate love

Peter Karanga

14 w

International Fund for Agricultural Development

Climate love

IFAD Boosts Investments in Somalia to Combat Climate Change

As Somalia continues to experience a historic drought, pushing millions of Somalis into acute food insecurity, Alvaro Lario, President of the International Fund for Agricultural Development (IFAD) announced today during IFAD’s 46th session of the Governing Council that it will substantially strengthen its support to Somalia and resume its direct investments after loan arrears resulted in a three-decade long suspension. Somalia has just now cleared its debt with IFAD through member-state support.
“Today, the situation of millions of Somalis is heartbreaking,” said Lario. “Five consecutive seasons of rains have failed, devastating their lives and their ability to cope, which has been further eroded by conflict, climate shocks, desert locust outbreaks and high food, fuel and fertilizer prices. We must provide humanitarian assistance to save lives now, but it is equally important that we lay the foundation today to ensure a brighter future.”

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https://www.miragenews.com/ifad-boosts-investments-in-somalia-to-combat-947314/



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18 more agrees trigger contact with the recipient

  • Videlis Eddie

    14 w

    This is great especially because somalia is being considered as it has been neglected for long

    2
    • rosebellendiritu

      14 w

      It's good to offer humanitarian support to people affected and also lay plans that can sustain them for longer even in future

      2
      • Videlis Eddie

        14 w

        This is a great move

        3
        • Tabitha Kimani

          14 w

          Good. hopefully they will consider more countries.

          1
          • mercy nduta

            14 w

            Impressing boost by IFAD.

            1
            • Elizabeth Gathigia

              14 w

              Good news

              1
              • Daniel Waweru

                14 w

                Congratulations @IFAD, this is a great move

                8
                • Rashid Kamau

                  14 w

                  That's grate move by IFAD

                  6
                  • Peter Kamau

                    14 w

                    This is good but a foundation of longer lasting solutions should be laid out to secure the lives of the affected in the future

                    5
                    • Ajema Lydiah

                      14 w

                      great

                      1
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