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FAO-GEF: 2.9 billion dollars for ecological agri-food transition

Green light for the financing of 48 projects, benefiting 46 countries and 4.2 million people

The Global Environment Facility (GEF) has greenlighted 48 FAO-led projects worth about $2.9 billion –$294 million in project financing and $2.6 billion in co-financing– that will play a pivotal role in fostering a sustainable agrifood systems transformation to end hunger and conserve the environment.

The initiatives, benefitting 4.2 million people in five different regions globally, will restore more than 474,000 hectares of land; improve practices on over 24 million hectares of land and marine habitats; create and improve the management of over 2 million hectares of protected areas on land and sea; mitigate 133 million metric tons of greenhouse gas emissions; and remove 202 metric tons of hazardous agrochemicals.

“This is the largest work program of FAO projects approved by GEF Council. Working closely on the ground with partners and countries, these projects have the potential to improve millions of lives through agrifood systems transformation while helping achieve the Sustainable Development Goals. Together with the GEF, we strive towards ensuring global food security coupled with sustainable, inclusive and resilient agriculture, benefitting people and planet,” said FAO Deputy Director-General Maria Helena Semedo, welcoming the decision taken by the 66th Council Sessions of the GEF, held in Washington DC, United States, from 5-9 February.

46 countries partnered with FAO to access finance from the GEF in this work program: Angola, Argentina, Barbados, Benin, Bhutan, Brazil, Cambodia, Chile, China, Dominica, Dominican Republic, Ecuador, Eswatini, Grenada, Guyana, India, Indonesia, Kazakhstan, Kyrgyzstan, Lao PDR, Maldives, Mexico, Mongolia, Namibia, Nepal, Niger, Nigeria, Pakistan, Peru, Philippines, Solomon Islands, South Africa, South Sudan, Sri Lanka, St. Kitts and Nevis, St. Vincent and Grenadines, Tajikistan, Tanzania, Togo, Trinidad and Tobago, Tunisia, Türkiye, Turkmenistan, Uzbekistan, Venezuela, and Viet Nam.

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EFA News - European Food Agency