€300 million loan from AFD to IFAD to support millions of small-scale farmers

Rome, Italy (PANA) - In an effort to tackle the devastating impact of climate change on rural hunger and poverty, the French development agency, Agence Française de Développement (AFD), on Thursday signed a €300 million loan to the UN’s International Fund for Agricultural Development (IFAD) to help small-scale farmers in high-risk countries build their resilience to shocks and increase their productivity