OPEC Fund Quarterly - 2023 Q2

SPECIAL FEATURE

CHANGE & AGRICULTURE: BIND FOR FOOD SYSTEMS ”

The multidimensional relationship between climate change and agriculture presents a significant challenge. The increasing frequency and intensity of extreme weather events such as heatwaves, droughts, floods and storms pose substantial risks to crop production, livestock health and overall productivity. Additionally, changing rainfall patterns challenge the delicate balance necessary for optimal plant growth and development. According to the World Bank, about 80 percent of the global population most at risk from crop failures and hunger from climate change live in sub-Saharan

disproportionately poor and vulnerable. Without solutions, falling crop yields, especially in the world’s most food- insecure regions, will push more people into poverty – an estimated 45 million people in Africa alone could fall below the poverty line in 2030 as a result.

Resilience building in agriculture refers to the capacity of farming systems to withstand and recover from shocks and stresses, including those induced by climate change. It involves equipping farmers with the knowledge, resources and tools necessary to adapt to changing conditions, minimize risks and sustainably manage their activities. Take the example of Honduras: Agriculture plays a crucial role in the economy, contributing significantly to

Solution: investing in adaptation and mitigation

Ensuring agricultural resilience is a key priority to solve this dilemma. This is why it is imperative to invest in adaptation and mitigation practices. Adaptation practices focus on enhancing agricultural systems’ resilience to climate-related challenges. On the other hand, mitigation aims to reduce greenhouse gas emissions.

employment, rural livelihoods and food security. According to the International Fund for Agricultural Development (IFAD), about 28 percent of the country is agricultural land and the agriculture

Africa, South Asia and Southeast Asia, where farming families are

Without solutions, falling crop yields, especially in the world’s most food-insecure regions, will push more people into poverty – an estimated 45 million people in Africa alone could fall below the poverty line in 2030 as a result.

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