UN fund to help Antigua improve agricultural sector

0
366
- Advertisement -

Antigua and Barbuda is among other CARICOM member states that will design multiple projects to help make their agriculture sector more resilient.
The projects stem from a new fund created by the United Nations Food and Agriculture Organization, or F.A.O., and the Mexican Agency for International Development Cooperation.
The agreement signed in Rome last week creates the fund, which will have an initial budget of U.S.-five-hundred-thousand-dollars, contributed in equal parts from the F.A.O. and the Mexican Agency.
This capital will be used as a pre-investment resource that will mobilize millions of dollars for resilience and adaptation projects.
Ten of the projects will be presented to the Green Climate Fund, twelve to the Global Environment Facility, and five to various European Union mechanisms. They will focus on vulnerable rural communities facing climate risks.
 
 
 

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here