Climate Finance Report 2024

Chapter 5 | PROJECTS CONTRIBUTING TO THE OPEC FUND’S CLIMATE FINANCE

skills among stakeholders, particularly women and farmers, to promote sustainable, intensified production methods through new crop systems and techniques. The project will also improve irrigation efficiency to conserve water, diversi- fying agricultural production by facilitating access to inputs like fertilizers and drought-resistant seeds, and promote agro-ecological practices such as soil fertility management, composting, agroforestry and water conservation of water.

further supporting expansion into the Imbo and Moso re- gions. The project emphasizes environmental stewardship, requiring comprehensive environmental and social impact assessments (ESIA) and the implementation of Environmen- tal and Social Management Plans (ESMP) before and during infrastructure development. Key achievements include the protection of 80,000 hectares of hilly terrain through anti-erosion measures and reforesta- tion, which have safeguarded watersheds and enhanced soil fertility. Additionally, the rehabilitation of 150 kilometers of rural roads has been designed to manage runoff, prevent- ing erosion and flooding. In marshland areas, innovative ir- rigation and drainage systems have transformed previously flooded lands into fertile ground for crops, significantly in- creasing Burundi’s arable land and boosting food production during both wet and dry seasons. address issues such as low agricultural yields, deterio- rating soil fertility, inadequate input use, climate change effects, insufficient supervision of agro-pastoral activi- ties, limited participation in producer organizations and inadequate access to credit. The project explicitly aims to enhance resilience to climate change as reflected in its overarching goal of improving living conditions and resil- ience among rural populations living on Burundi’s central plateau through integrated land management. The intend- ed outcomes include strengthening the resilience of small farmers to external shocks.

PIPARV-B recognizes the adverse impacts of climate change on Burundi’s agricultural sector and seeks to

SPOTLIGHT STATEMENT The OPEC Fund’s Contribution to Climate Resilience in Burundi

“In Burundi, the OPEC Fund and IFAD have emerged as critical partners in bolstering agricultural and food security initiatives. The OPEC Fund’s financing has played a pivotal role in Burundi’s efforts to combat malnutrition and poverty, focusing on improving agricultural infrastructure and land management. The Agricultural Production Intensification & Vulnerability Reduction Project (PIPARV-B) exemplifies this commitment, driving socio-economic development in a country grappling with acute and chronic food insecurity, ex- acerbated by erratic weather patterns, the Ukraine conflict, and rising inflation. Within PIPARV-B, IFAD’s focus on agricultural and livestock intensification complements the OPEC Fund’s contributions to rural infrastructure development. This partnership ex- tends across five central plateau regions—Karuzi, Kayanza, Ngozi, Gitega, and Muyinga—with the Green Climate Fund

This collaborative effort underscores the vital role of target- ed investment and strategic partnerships in building agricul- tural resilience and securing a sustainable future for Burundi.”

NTIRANYIBAGIRA DAMASE Project Coordinator, PIPARV-B

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