As the first country in South Asia to officially join AgriConnect, Sri Lanka will help build farmer-agribusinesses partnerships, and advance agriculture finance, digital agriculture and AgTech, alongside cold chains, connectivity, climate-resilient irrigation, skills & research👇
The Government of #SriLanka, in partnership with the @WorldBankGroup and IFAD, announced the launch of the Sri Lanka AgriConnect Joint Implementation Plan, a coordinated effort to transform the country’s agrifood sector, create jobs and strengthen food security.
By 2030, the 0,000 farmers gain better access to agricultural value chains with strong potential for value addition and exports, including coconut, cinnamon, tea, fisheries, as well as dairy, poultry, aquaculture and horticulture.
This will be backed by US$550 million in World Bank Group investments and US$115 million from IFAD and help mobilize up to US$170 million in private capital over the next five years. “Sri Lanka is committed to transforming our agrifood sector from one that primarily produces commodities to one that creates greater value, better jobs and stronger opportunities for rural communities,” said Dr. Harini Amarasuriya, Prime Minister of Sri Lanka.
“There is a real opportunity to build on the progress already made in Sri Lanka’s rural economy and ensure that investments continue to reach smallholder farmers. Through AgriConnect, we can maintain this momentum and bring together the scale, financing and expertise of all partners to invest in the first mile of food systems,” said @DonalFBrown, IFAD Associate Vice-President, Department for Country Operations.
Read more at ifad.org/en/w/news/sri-…
#FinancingTheFirstMile
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IFAD Asia retweeted
At #COP31, IFAD will highlight its work to advance climate adaptation and strengthen resilience in the face of growing climate and economic challenges.
Through new partnerships, investments and knowledge products, we will showcase approaches to mobilizing finance, supporting romoting more resilient food systems.
Together with partners, IFAD will also contribute new insights on the economic impacts of climate shocks, the importance of long-term resilience in rural areas, and the need for greater investment in rural women.
In addition, IFAD will convene discussions on the role of partnerships in building resilient food systems in a changing climate.
Learn more about IFAD at COP31 at ifad.org/en/w/events/if…
@turkiyecop31 | @TCTarim | @MFATurkiye | @CanadaDev | #FinancingTheFirstMile | #COP31Türkiye | #COP31Antalya
Through new partnerships, investments and knowledge products, we will showcase approaches to mobilizing finance, supporting romoting more resilient food systems.
Together with partners, IFAD will also contribute new insights on the economic impacts of climate shocks, the importance of long-term resilience in rural areas, and the need for greater investment in rural women.
In addition, IFAD will convene discussions on the role of partnerships in building resilient food systems in a changing climate.
Learn more about IFAD at COP31 at ifad.org/en/w/events/if…
@turkiyecop31 | @TCTarim | @MFATurkiye | @CanadaDev | #FinancingTheFirstMile | #COP31Türkiye | #COP31Antalya
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IFAD Asia retweeted
Ahead of #COP31, IFAD looks at how investing in resilient rural economies can strengthen climate adaptation, protect development gains and sustain economic opportunities in the face of climate shocks, rising input costs and market volatility.
IFAD invests in the environmental f rural systems, expanding access to finance, markets, infrastructure and inputs that support productivity, income growth and rural people’s capacity to withstand climate shocks.
More than half of IFAD project participants live in fragile or conflict-affected situations or areas exposed to climate extremes. According to recent impact assessments, IFAD-supported investments in these contexts have delivered average income and production gains of around 30%.
These findings underscore why investing in rural resilience before climate shocks occur is essential to COP31’s agenda: it addresses immediate vulnerabilities while protecting the foundations of long-term development.
Read more about IFAD at COP31 at ifad.org/en/w/events/if…
@turkiyecop31 | #FinancingTheFirstMile | #COP31Türkiye | #COP31Antalya
IFAD invests in the environmental f rural systems, expanding access to finance, markets, infrastructure and inputs that support productivity, income growth and rural people’s capacity to withstand climate shocks.
More than half of IFAD project participants live in fragile or conflict-affected situations or areas exposed to climate extremes. According to recent impact assessments, IFAD-supported investments in these contexts have delivered average income and production gains of around 30%.
These findings underscore why investing in rural resilience before climate shocks occur is essential to COP31’s agenda: it addresses immediate vulnerabilities while protecting the foundations of long-term development.
Read more about IFAD at COP31 at ifad.org/en/w/events/if…
@turkiyecop31 | #FinancingTheFirstMile | #COP31Türkiye | #COP31Antalya
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IFAD Asia retweeted
The Government of #SriLanka, in partnership with the @WorldBankGroup and IFAD, announced the launch of the Sri Lanka AgriConnect Joint Implementation Plan, a coordinated effort to transform the country’s agrifood sector, create jobs and strengthen food security.
By 2030, the 0,000 farmers gain better access to agricultural value chains with strong potential for value addition and exports, including coconut, cinnamon, tea, fisheries, as well as dairy, poultry, aquaculture and horticulture.
This will be backed by US$550 million in World Bank Group investments and US$115 million from IFAD and help mobilize up to US$170 million in private capital over the next five years. “Sri Lanka is committed to transforming our agrifood sector from one that primarily produces commodities to one that creates greater value, better jobs and stronger opportunities for rural communities,” said Dr. Harini Amarasuriya, Prime Minister of Sri Lanka.
“There is a real opportunity to build on the progress already made in Sri Lanka’s rural economy and ensure that investments continue to reach smallholder farmers. Through AgriConnect, we can maintain this momentum and bring together the scale, financing and expertise of all partners to invest in the first mile of food systems,” said @DonalFBrown, IFAD Associate Vice-President, Department for Country Operations.
Read more at ifad.org/en/w/news/sri-…
#FinancingTheFirstMile
By 2030, the 0,000 farmers gain better access to agricultural value chains with strong potential for value addition and exports, including coconut, cinnamon, tea, fisheries, as well as dairy, poultry, aquaculture and horticulture.
This will be backed by US$550 million in World Bank Group investments and US$115 million from IFAD and help mobilize up to US$170 million in private capital over the next five years. “Sri Lanka is committed to transforming our agrifood sector from one that primarily produces commodities to one that creates greater value, better jobs and stronger opportunities for rural communities,” said Dr. Harini Amarasuriya, Prime Minister of Sri Lanka.
“There is a real opportunity to build on the progress already made in Sri Lanka’s rural economy and ensure that investments continue to reach smallholder farmers. Through AgriConnect, we can maintain this momentum and bring together the scale, financing and expertise of all partners to invest in the first mile of food systems,” said @DonalFBrown, IFAD Associate Vice-President, Department for Country Operations.
Read more at ifad.org/en/w/news/sri-…
#FinancingTheFirstMile
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Small-scale farmers, fishers and pastoralists “hold many of the solutions” for climate adaptation & other challenges, says Donal Brown, IFAD’s Associate Vice-President, Department for Country Operations, ahead of the Asia-Pacific Regional Farmers’ Forum in Bangkok on 10 Nov 👇🏽
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At the @ASEAN+3 Ministers on Agriculture & Forestry meeting, @IFAD & @Grow_Asia presented findings from the @mafrakorea-funded SEEDS project to shape how ASEAN invests in digital agriculture: What's missing is not digital solutions, but the system that carries them to farm gate.
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As the @ASEAN+3 Ministers on Agriculture & Forestry meeting in Singapore take place, @IFAD is pleased to announce Cambodia's pledge, which strengthens IFAD’s capacity to invest in rural people at the first mile of food systems, in Cambodia & around the world.
Cambodia is renewing its investment in IFAD with a US$1 million pledge to IFAD’s 14th Replenishment.
This pledge matches Cambodia’s previous contribution to IFAD13 and reaffirms Cambodia’s commitment to connecting small-scale farmers to markets, scaling up climate-smart g rural jobs for young people.
#FinancingTheFirstMile | #IFAD14
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IFAD Asia retweeted
Any misuse of IFAD’s name represents a fraudulent scheme. If you received a suspicious message, do not reply.
Read IFAD’s official statement on fraud prevention at ifad.org/en/w/news/ifad…
Read IFAD’s official statement on fraud prevention at ifad.org/en/w/news/ifad…
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Learn more about IFAD investments in the Pacific Islands at ifad.org/en/w/publicati…
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The @IFAD team in India looks forward to welcoming our Executive Board members to the country this week.
As a long-time partner, IFAD has worked closely with the Government of India to improve the livelihoods of millions of rural households.
As a long-time partner, IFAD has worked closely with the Government of India to improve the livelihoods of millions of rural households.
Delighted to host the delegation of Board Members and senior leadership of Rome-based UN body, International Fund for Agricultural Development @IFAD, on the eve of their visit to India.
Their interactions in Delhi and field visits to three States will give them a glimpse of & community-led agriculture and rural development projects. @IFADAsia @FinMinIndia @MEAIndia @AgriGoI
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Funded by a US$2 million grant from the @adaptationfund, the project will be managed by @IFAD in partnership with the Office of the President of Mongolia and @UNIDO.
ifad.org/en/w/news/new-…
ifad.org/en/w/news/new-…
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