Dominica stands to benefit from FAO-led initiatives valued at $2.9 billion, centered on the transformation of sustainable agrifood systems to address hunger and protect the environment.
- varietynewsgroup
- Feb 16, 2024
- 1 min read
Dominica is poised to receive the benefits of Global Environment Facility (GEF) approved projects led by the Food and Agriculture Organization (FAO), totaling $2.9 billion. With $294 million in direct financing and $2.6 billion in co-financing, these initiatives aim to revolutionize agrifood systems, combat hunger, and protect the environment. The projects will impact 4.2 million individuals globally, with a focus on land restoration, improvement of practices on millions of hectares, management of protected areas, mitigation of greenhouse gas emissions, and elimination of hazardous agrochemicals.
FAO Deputy Director-General Maria Helena Semedo has praised the projects for their potential to advance Sustainable Development Goals, emphasizing collaborative efforts with GEF for global food security. Dominica joins 45 other countries in partnership with FAO to access GEF finance, covering areas such as food systems, oceans, and ecosystem restoration. Flagship initiatives, including the Food Systems Integrated Program (FSIP), direct $252 million in financing and $2.2 billion in co-financing to 32 countries, with Dominica set to benefit from projects promoting sustainable agrifood systems.
Moreover, the Clean and Healthy Ocean Integrated Program focuses on reducing ocean pollution in nine ecosystems, including the Caribbean. Dominica's participation will contribute to marine resource management and ecosystem restoration. These FAO-led projects represent a substantial investment in Dominica's agriculture and environment sectors, aligning with national development priorities and global sustainability objectives.

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