Global Climate Fund approves $160 million to support FAO-led projects

New grants will increase resilience to climate change and combat deforestation in Argentina, Guatemala and Sudan 13 November 2020, Rome – The Board of the Green Climate Fund (GCF) approved three new FAO-designed projects in Argentina, Guatemala and Sudan for a total amount of $158.6 million aimed at mitigating greenhouse gas emissions, strengthening resilience to climate change, and combating deforestation. FAO Director-General QU Dongyu stressed FAO’s willingness to continue working closely with GCF in support of food system transformation on the ground for the benefit of society, environment, farmers and…

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East Africa Cross Border Trade Bulletin (October 2020, Volume 31)

SUMMARY POINTS • Maize grain was the main commodity traded in the region between July and September 2020 (third quarter of 2020) followed by dry beans, rice and sorghum as shown in Figure 1. • Easing of some measures to contain the spread of COVID-19 infections in addition to adaptation by traders to operating under COVID-19 scenario led to increased regional trade for most commodities during the second quarter of 2020. • Livestock trade (especially for goats and cattle) increased for some specific trade corridors despite the end of the…

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2020 Global Hunger Index: One decade to zero hunger linking health and sustainable food systems

What do we know about the hunger situation worldwide? Has progress been made or are there any setbacks? Using the Global Hunger Index, the global hunger situation can be calculated and assessed. The Global Hunger Index (GHI) is a tool designed to comprehensively measure and track hunger and undernutrition at global, regional, and national levels. It is designed to raise awareness and understanding of the fight against hunger, and call attention to those areas of the world where hunger levels are highest and where the need for additional efforts to…

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East Africa Market and Trade Update, September 2020

Highlights International maize, wheat and rice prices were generally on an upward trend in August in response to sustained export demand. Staple food prices in the region showed mixed trends; prices have increased in Burundi, Ethiopia, Somalia, South Sudan and Sudan; while they have decreased in Uganda, Rwanda and Kenya, and remained stable in Djibouti. Livestock conditions were good due to favourable rangeland conditions. Livestock prices increased in many pastoral markets and were at higher than normal levels. However, supply interruptions triggered by closure of the Somali-Kenya border resulted in…

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Illicit Financial Flows Rob African Coffers of $89 Billion a Year

GENEVA – UN Conference on Trade and Development (UNCTAD ) economists say the vast sums of money flowing out of Africa through illegal, corrupt practices are undermining progress made by African countries to achieve the UN’s Sustainable Development Goals (SDGs) by 2030. UNCTAD’s just released Economic Development in Africa Report 2020 estimates illicit financial flows out of Africa are costing the continent $89 billion annually. The economists say the scale and scope of illicit capital flight, which is equivalent to 3.7 percent of Africa’s gross domestic product, and the economic…

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FAO welcomes China’s new $50 million donation to support South-South Cooperation

22 September 2020, Rome – FAO welcomed an announcement today by Xi Jinping, President of the People’s Republic of China, that his country will support the UN agency’s South-South Cooperation (SSC) efforts with an additional $50 million in funding. “We are very grateful for this new $50 million contribution announced by President Xi, as it provides a strong boost to the work of the FAO-China South-South Cooperation Programme,” FAO Director-General QU Dongyu said. “Through knowledge-sharing, and the exchange of expertise and technologies between developing countries, the Programme aims to improve…

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Africa’s climate change fight gets a boost as Global Center on Adaptation sets up regional home at the African Development Bank

African leaders welcomed the opening of a regional office of the Global Center on Adaptation on Wednesday, voicing hopes it will spur the continent’s efforts to combat climate change. In speeches marking the virtual launch of GCA Africa, the leaders said the Center could also provide an impetus for a more resilient recovery after COVID-19, which they said had compounded climate-induced vulnerabilities. “In the post-COVID period, our objective should not only be to recover and build better but to do so in a climate-conscious way,” said Ethiopian President Sahle-Work Zewde.…

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New Foreign, Commonwealth & Development Office will lead global action to ensure world’s poorest are protected from ravages of coronavirus and famine

Foreign Secretary urges countries to step up alongside the UK to fight back against coronavirus and growing risk of famine in developing countries. The UK will lead a global call to action to protect the world’s poorest people from coronavirus and the increasing threat of famine, the Foreign Secretary Dominic Raab announced today (2 September 2020). Foreign Secretary urges countries to step up alongside the UK to fight back against coronavirus and growing risk of famine in developing countries UK announces a new £119 million aid package to combat threat…

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