Gates Foundation stakes $1.4b to help smallholder farmers hedge climate change | The Guardian Nigeria News - Nigeria and World News

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The Bill and Melinda Gates Foundation (BMGF) has pledged to invest $1.4 billion to help smallholder farmers address the immediate and long-term impacts of climate change even as it echoed African leaders’....

The Bill and Melinda Gates Foundation has pledged to invest $1.4 billion to help smallholder farmers address the immediate and long-term impacts of climate change even as it echoed African leaders’ calls for countries to rapidly scale-up finance for climate adaptation.

He noted that food and economic crises will last longer and become more severe as climate threats escalate and further threaten food security by limiting smallholder farmers’ yields and resilience. “The foundation’s commitment will fund immediate action and long-term initiatives over four years to help smallholder farmers in sub-Saharan Africa and South Asia build resilience and food security. Funding will focus on spurring African-led innovation to build a pipeline of climate-smart agriculture projects, new applications of digital technologies, climate-smart innovations for smallholder livestock farming, and support for women smallholder farmers to capitalize on their untapped potential.

 

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