This IFAD-led event will examine how to further unlock climate finance for adaptation and resilience in the agriculture sectors, with a particular focus on alignment with the Koronivia Joint Work on Agriculture (KJWA).     

Climate finance flows, especially for adaptation, are nowhere near sufficient to respond to country priorities and meet the challenges posed by the climate crisis, and to build the adaptive capacity and resilience of rural women and men farmers, who produce 50 percent of the world’s food calories on just 30 percent of its agricultural land. Without changing approaches, millions of people, especially rural and vulnerable people, are at risk of being left behind. Ignoring this will jeopardize global climate goals and threatens the achievement of the objectives of the Agenda 2030, which is only nine harvests away. 

The Koronivia decision and related workshops organized by UNFCCC, and others supported by FAO, have greatly enhanced the knowledge base of how the agriculture sectors can play a lead role in increasing climate change resilience of the most vulnerable while mitigating GHG emissions to the benefit of the global population. The event will provide a unique opportunity to continue exploring the game changing solutions to transform our food systems promoted by the coalitions of the UN Food Systems Summit. 

One expected key outcome of Koronivia, as a crucial COP26 achievement, would be the identification of avenues to facilitate climate finance flows to agriculture for small-holder producers for climate change action with benefits for food and nutrition security, local livelihoods, and natural resources.  

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