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A new financing agreement aimed at improving the livelihoods of wool and mohair farmers was signed recently by IFAD and the Kingdom of Lesotho by correspondence. The new project aims to increase the economic and climate resilience of 225,000 rural people.

Rural communities need energy to develop, but in a rapidly heating world, a green transition is crucial. Renewable sources, like solar power and biogas, are allowing them to prosper without relying on polluting fossil and wood fuels.

Water stress is growing around the world. To effectively tackle it, a new approach assesses not only whether water infrastructure is available and working, but also whether it is meeting the needs of the people who rely on it.

IFAD is increasing its efforts to facilitate private sector engagement in rural development. By providing a US$2.5 million loan to Hamkorbank, a leading commercial bank in Uzbekistan, 1,500 low-income dairy and horticulture producers will be able to access micro-loans to increase their incomes and improve their livelihoods.

As the climate crisis intensifies and multiple conflicts increase global instability, visionary and committed political leadership is more crucial than ever to address the root causes of hunger, extreme poverty, and inequitable food systems, warned Gérardine Mukeshimana, Vice-President of IFAD, at the Berlin Agriculture’s Ministers Conference of the 16th Global Forum for Food and Agriculture.