FAO: agriculture needs more funding to adapt to climate change
Dec 6, 2010
At the Climate Change Conference in Cancun, the United Nations' Food and Agriculture Organization (FAO) said that battling climate change and food insecurity will have to start with increased funding for agriculture.
According to VOANews.com, increase would require $2.5 billion annually over the next 40 years to help developing countries adapt their farming technologies as estimated by the World Bank, with other estimates as high as $14 billion a year.
"Available financing mechanisms are substantially insufficient to meet the climate change and food security challenges faced by the agricultural sector," said the FAO. Leslie Lipper, the organization's senior environmental economist, told the news source that combining climate change funding with that of other programs could help properly direct the resources.
This comes along with the challenge of feeding an increasing population, which will require nearly twice as much food production for a population expected to reach 9 billion by 2050, according to Relief Web. The source suggests that sustainable agricultural adaptation would prioritize smallholder farmers in the most rural areas and use carbon emission reducing techniques. One third of all global emissions come from agriculture, a number which is expected to increase in the coming years, reports the website.