A new investment programme is planned to support Sahelian governments through a partnership between the Green Climate Fund (GCF) and IFAD in order to boost climate finance for these rural populations.

Against the backdrop of the global impacts of the COVID-19 pandemic and climate change, the Government of Ethiopia and IFAD have launched a new US$305.7 million programme to help the most vulnerable farmers increase their resilience.

A new US$305.7 million programme will help more than 13 million of Ethiopia’s most vulnerable farmers to increase and diversify their incomes, access financial services and build their resilience in rural areas threatened by climate change.

Half a million of Ethiopia’s most vulnerable families are set to benefit from a new US$451 million project to increase their resilience to climate shocks in the country’s poorest regions.