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Somalia





         IFAD SUBSTANTIALLY STRENGTHENS ITS INVESTMENTS

         IN SOMALIA TO HELP SMALL-SCALE PRODUCERS COPE

                WITH CLIMATE SHOCKS AND FOOD INSECURITY



                                                                              from benefiting from IFAD’s highly con-
                                                                              cessional  loans and grants since  1991,
                                                                              when the civil war started in Somalia.
                                                                                “Germany’s clearing of Somalia’s
                                                                              outstanding debts with IFAD allows the
                                                                              Fund to resume its important role in sup-
                                                                              porting rural development and sustain-
                                                                              able climate-resilient agriculture in So-
                                                                              malia. We have taken this rather unusual
                                                                              bilateral step in order to boost Somalia’s
                                                                              efforts  to withstand  economic  and cli-
                                                                              matic shocks and in order to strengthen
                                                                              institutions and ownership  in  times  of
                                                                              crisis so as to leverage further financing
                                                                              for climate-resilient agriculture,” said Jo-
                                                                              chen Flasbarth, State Secretary, Federal
                                                                              Ministry of Economic  Cooperation and
        As Somalia continues to experience   process of transition from humanitarian   Development of Germany.
       a historic drought, pushing  millions  of   to development and it helps a lot – it is   “The climate crisis has severe conse-
       Somalians into acute food insecurity, Al-  opening doors, and other organizations   quences  on  agriculture  and food  pro-
       varo Lario, President of the Internation-  will follow suit.”          duction in the world’s poorest countries.
       al Fund for  Agricultural Development   Lario announced that  IFAD is imme-  It is urgent that we strengthen the resil-
       (IFAD) announced during IFAD’s  46th   diately  making  US$11.6  million avail-  ience of rural populations in these coun-
       session of the Governing Council that it   able and mobilizing resources for a new   tries,” said Ambassador Pierre-Emanuel
       will substantially strengthen its support   US$50 million agricultural development   De Bauw,  Belgium’s  Governor to  IFAD.
       to Somalia and resume its direct invest-  project, providing seeds, irrigation,   “Belgium is honoured to be one of the
       ments after loan arrears resulted in a   farming and veterinary services, small   first  countries to  have contributed to
       three-decade long suspension. Somalia   microfinance loans, training in climate   clear Somalia’s debt  to IFAD, enabling
       has just now cleared its debt with IFAD   smart and  adaptation technics  to im-  the country to benefit from IFAD funding
       through member-state support.       prove crop and livestock production.  to help small-scale farmers adapt to cli-
        “Today, the situation of millions of So-  “We must help small-scale farmers   mate changes and tackle land degrada-
       malians  is heartbreaking,” said  Lario.   and pastoralists adapt to climate change   tion.“
       “Five consecutive seasons of rains have   and  build  their resilience so that  they   Despite the  arrears and the  suspen-
       failed, devastating  their  lives  and their   can cope with future shocks,” said Lario.   sion of loans, IFAD has been actively mo-
       ability to cope, which has been further   “They need funding and training.”  bilizing grants from donors  to Somalia
       eroded by conflict, climate shocks, des-                               and channeling resources for rural de-
       ert locust outbreaks and high food, fuel   According  to the  Integrated Phase   velopment projects in the country. Since
       and fertilizer prices.  We must provide   Classification, 5.6 million Somalians are   the early 1990’s, IFAD has channeled
       humanitarian assistance to save lives   currently experiencing high levels of   about  US$40  million to  Somalia.  There
       now, but it is equally important that we   acute food insecurity, including 214,000   are two ongoing projects at the moment.
       lay the  foundation  today to ensure  a   people considered in a catastrophe situ-  A project in Puntland helps pastoral-
       brighter future.”                   ation due to an unprecedented drought,   ists and agro-pastoralists  rehabilitate
                                           not seen in decades. Projections show
        He added: “Solutions exist. It is inhu-  that as many as 8.3 million  Somalians   irrigation systems, improve livestock
       mane  to keep  people  living in cycles   could face high levels of acute food inse-  health, use drip irrigation, restore de-
       of crises. We must invest today in long-  curity between April and June 2023. The   graded rangelands and use solar en-
       term solutions. And this means rural de-  2023 Somalia Humanitarian Response   ergy. IFAD also provides extraordinary
       velopment.“                         Plan aims to assist 7.6 million  people   support to Somalia under its Crisis Relief
        Later, during a press conference, Has-  across Somalia this year.  This includes   Initiative to help the country withstand
       san Sheikh  Mohamud, the  President  of   preventing loss of life of approximately   the impacts of the war in Ukraine by
       the Federal Republic of Somalia, empha-  6.7 million of the most vulnerable peo-  responding  to urgent needs  for seeds,
       sized the importance of IFAD’s renewed   ple.                          fertilizers, goats and sheep, irrigation
       commitment: “This re-engagement is an   IFAD’s renewed direct investments are   and renewable energies, and rehabilita-
       opportunity for a new dawn for Somalia   now  made possible thanks to  Belgium,   tion of water sources, thus protecting the
       to address many food security priorities   Germany, Italy and Sweden which sup-  livelihoods of about 72 000 people.
       in the country,” he said. “The re-engage-  ported  Somalia  in clearing its  arrears
       ment of IFAD is the beginning of the   to IFAD. The arrears prevented Somalia

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