Ethiopia and IFAD to help families adapt to climate shocks in new multi-million dollar project

Ethiopia and IFAD to help families adapt to climate shocks in new multi-million dollar project

Half a million of Ethiopia’s most vulnerable families are set to benefit from a new US$451 million project to increase their resilience to climate shocks in the country’s poorest regions.

For more than two decades, climate change has placed major stress on the Ethiopian economy and on people’s livelihoods. Most of the population of lowland areas are dependent on rain-fed agriculture and pastoralism and are therefore highly vulnerable to droughts, desertification and floods.

The funding includes a $90 million loan from IFAD and $350 million in co-financing from the International Development Association (80 percent loan and 20 percent grant) and $11million from the beneficiaries themselves.

The project, primarily designed to help achieve Sustainable Development Goals 1 and 2 (eradicating poverty and hunger) will install small-scale irrigation technology to reduce dependence on erratic rains. It will also help smallholder farmers to invest in research systems for faster adaptation to climate change.

Project activities will also strengthen rangeland and natural resources management, and improve the delivery of basic social services so that rural communities can withstand droughts and other climate shocks, and reduce asset losses. It will also help mitigate conflicts over scarce resources in fragile pastoral and agro-pastoral ecosystems.

The project also aims to improve nutrition by providing education on food handling and food preservation, and the production of more nutritious and diverse crops with access to bio-fortified seeds and technical assistance, including on post-harvest handling.

Women (50 percent of participants) and young people will especially benefit from project activities that will cover the pastoral and agro-pastoral areas in the Afar, Benishangul-Gumuz, Gambela, Oromia, Somali and Southern Nations, Nationalities and Peoples’ regions.

Since 1980, IFAD has invested $755.5 million in 19 rural development programmes and projects worth $ 1.8 billion in Ethiopia. These have directly benefited around 11.5 million rural households.

Original source: IFAD
Published on 19 November 2019