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Growing food is a challenge in the harsh desert landscape of northwestern China. But thanks to new greenhouses built by a local cooperative, this village is bursting with fruits, vegetables and mushrooms.

IFAD issued its first SEK club deal today, a strong indication of investors’ continued interest in IFAD. The lead investor Skandia, and Folksam, bought a seven-year one billion SEK sustainable bond to support IFAD in its mission to stimulate sustainable growth and inclusive development in rural areas of developing countries. Skandia led with a 900 million SEK investment, and Folksam complemented with 100 million SEK.

Marine biodiversity is a precious resource – but it has long been under threat. Today's coral reefs, for example, cover half the area they did in 1950, and nearly 10 per cent of marine life is at risk of extinction.

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.