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UN agency sets ambitious target to reduce hunger and poverty for millions worldwide
14.02.2018 08:02 "Agro Perspectiva" (Kyiv) —
At its yesterday meeting, the United Nations agency the International Fund for Agricultural Development (IFAD) announced an ambitious target to generate resources to fund loans and grants to enable millions within developing countries strengthen their food security and livelihoods, UN Radio report s.
As to the report, the 176 member States of the IFAD announced the US$3.5 milliard amount which is to enable the UN agency expand its projects and programmes to benefit 47 million smallholder farmers with improved technology, finance and knowledge; improve market access for 46 million; and build resilience to climate change impact of another 24 million.
«To achieve these goals, we will intensify our work on climate, nutrition and gender key focus areas which will be mainstreamed across our portfolio,» IFAD President Gilbert F. Houngbo said.
«We will also sharpen our focus on youth employment in order to meet one of the most pressing challenges faced by the world today,» he admitted.
It is to be mentioned, a specialized agency of the UN, IFAD is devoted exclusively to investing into rural areas and harnessing the potential of smallholder farmers and other rural people to contribute to sustainable development.
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