IFAD President for hike in investments in rural transformation

Alvaro Lario, President of the International Fund for Agricultural Development (IFAD), has called for increased investments to support small farmers and rural communities.

to treat G20 Agriculture Ministers Meeting He said here on Saturday that more support is needed for sustainable and resilient food and agricultural systems in response to the worsening global food crisis.

“Investing in rural communities is the most cost-effective way to improve global food security and support stability,” he said.

“Despite the fact that multiple crises are holding back global progress in ending poverty and hunger, we can still achieve our goals,” Lario said.

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“We know what works: climate-smart technologies, improved resilience, and commercially viable nature-based solutions are proven ways to build fair, sustainable, and inclusive food systems. But to realize this potential, we must invest in small-scale producers and strengthen the role of rural women and youth in value chains. “.

During his visit to India, he met Finance Minister Nirmala Sitharaman and Agriculture Minister Narendra Singh Tomar.

“India is a critical and long-term partner in our efforts to tackle hunger and poverty, empower rural women and build resilience to climate change,” said Lario.

The fund has supported 32 rural development projects in India worth $1.2 billion, benefiting 63.41 thousand families.

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