Green Climate Fund allocates US$25 million to support FAO climate resilience Paraguay project

15.04.2019 18:03 "Agro Perspectiva" (Kyiv) — The Green Climate Fund (GCF), the main global fund to finance actions to address climate change, will allocate over US$25 million to a FAO-designed project within Paraguay aimed at combating deforestation, hunger and poverty, and building the climate-change resilience of local populations, FAO reports. As to the report, the funding agreement was signed last week by FAO and GCF officials at FAO headquarters within Rome. «This is a very important step within the growing partnership between FAO and the GCF… FAO will work with the Government of Paraguay and GCF to respond to adverse effects of climate change by investing in low-emission and climate-resilient development,» FAO Assistant Director-General for Programme Support and Technical Cooperation, Roberto Ridolfi, admitted. «The project targets the most vulnerable households through addressing poverty, deforestation and energy access promoting a holistic landscape approach to ensure climate change resilience within target areas,» he stressed. It is to be admitted, as of now, climate change is a cornerstone of FAO work. FAO believes that agriculture adaptation must be promoted through the implementation of climate-smart approaches, practices and techniques that also preserve the environment and biodiversity, and adaptation must help build the resilience of millions of poor family farmers.

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