The International Fund for Agricultural Development (IFAD) announced the “Agricultural Modernization, Market Access and Resilience” (AMMAR) project – worth more than USD 30 million – designed to help small scale famers increase incomes and resilience to climate change. The project will be implemented from 2015 to 2019.
Georgia’s agriculture sector is highly vulnerable to climate change, leading to serious production losses and threats to food security. Increasing aridity is threatening to devastate already semi-arid eastern Georgia by the end of the century, according to IFAD. The program aims to mainstream climate-smart agricultural value chains driven by the needs of small-scale farmers, while simultaneously supporting other elements of the value-chain – such as agro-business, cooperatives, and extension and input service providers. The objective is to increase small-scale famers’ income by 20% in more than 10,000 households.
Since 1997, IFAD has invested a total of USD 52 million in Georgia, leveraging an additional USD 72 million in co-financing for five programmes and projects benefitting approximately 93,000 rural families.
Source - www.ifad.org
