Home>News>Agriculture>Green Climate Fund approves USD 39.2 million project with FAO and Philippine Government to boost climate resilience and improve livelihoods

Green Climate Fund approves USD 39.2 million project with FAO and Philippine Government to boost climate resilience and improve livelihoods

UNIC Manila Logo

MANILA, 16 March 2023 – The Green Climate Fund (GCF) has approved a Philippine funding proposal on “Adapting Philippine Agriculture to Climate Change” at its 35th Board Meeting held in Songdo, Incheon in the Republic of Korea.

Under the USD 39.2 million, seven-year initiative, the Food and Agriculture Organization of the United Nations (FAO), GCF and the Government of the Philippines will work together to boost the resilience of climate-vulnerable rural smallholder farmers. The project will play a key role in advancing the country’s transition towards more sustainable, resilient and inclusive agrifood systems. It will be supported by a USD 26.2 million GCF grant and USD 12.9 million in co-financing from the Department of Agriculture (DA), and the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA).

The initiative will directly benefit 1.25 million rural men and women Filipino farmers by raising their awareness of climate risks and risk-reduction measures, building their capacity to develop enterprises and to access finance and related technologies, and adopting climate-resilient agriculture (CRA) practices.

DA Senior Undersecretary Domingo F. Panganiban expressed his appreciation for the support from GCF to this landmark joint venture. “Through this, we are giving flesh to the President’s pronouncement in his first State of the Nation Address emphasizing that the production of farm inputs or the needs of farmers to increase their productivity should conform to the challenges brought by climate change and global warming,” he said.

“We are truly grateful to GCF for supporting this important and timely initiative that will help Filipino smallholder farmers adapt to and mitigate the impacts of the climate crisis on their livelihoods. FAO is and will continue to remain committed to supporting the country in pursuing climate action through this initiative, leveraging our technical expertise and experience in climate-resilient agriculture that we will extend to the Philippine government, particularly our long-standing partners’ DA and PAGASA,” says Lionel Dabbadie, FAO Representative in the Philippines.

“Partnering with DOST- PAGASA since 2011, FAO has assisted the country in pursuit of its development objectives through promoting agricultural adaptation and mitigation to climate change, such as CRA and reducing disaster risks through the use of weather and climate information services. It is indeed a great opportunity that these valuable and innovative undertakings will be elevated to the next level with the support from GCF through this project,” adds Dr. Vicente Malano, PAGASA Administrator.

The collaborative initiative is poised to support the most vulnerable farmers, including women, youth, and indigenous communities by providing them with access to targeted climate information and technical services for CRA. By assisting smallholder farmers in overcoming obstacles related to inputs and market access, and building their capacity to develop and implement CRA investment plans, the project will enable a sustainable shift to these crucial agricultural practices, thereby improving food security, household incomes and resilience.

At the national level, the project will work towards incorporating CRA into the development agendas of the national government and local government units. It will work with the private sector and financial institutions to develop robust CRA value chains, and provide financial and risk-transfer products to boost investments in climate actions. By doing so, the project will empower these institutions and facilitate partnerships to create a more sustainable future for all.

To ensure the project’s long-term sustainability, the Land Bank of the Philippines – a GCF Direct Access Entity – will play a critical role in leveraging finance to increase farmers’ access to the bank’s lending programmes.

The project is also expected to deliver indirect benefits to over five million Filipinos, thanks to enhanced information systems and strengthened institutional capacity, which will advance the widespread adoption of CRA in the country. Special attention will be paid to Indigenous People, women and girls, ensuring their fruitful participation and benefits.

The initiative will create mitigation gains by reducing emissions by some 4.38 metric tonnes of carbon dioxide-equivalent over a 20-year period as a result of the application of CRA practices and better land use.

On average, about 20 typhoons enter the Philippines Area of Responsibility yearly. Ranked 4th on the global Long-Term Climate Risk Index (2000 to 2019), the country is expected to experience increasingly more frequent and catastrophic extreme weather events, not only typhoons but also droughts, floods, and irregular precipitation, due to the climate crisis. Most areas of the country and over 70 percent of the population are at risk from these disasters, and the country could lose as much as 6 percent of its GDP by 2100 if appropriate climate change-mitigation actions are not immediately taken.

Additionally, with global warming, large parts of the country will face further increased average temperatures. It is expected that the grain yield of rice – the country’s main staple – could decrease by as much as 10 percent for every 1°C increase in the dry growing-season minimum temperature.

Innovative CRA practices offer options to help the country respond to the challenges of a changing climate. Crop- and system-specific practices, incorporating indigenous food production systems, present viable solutions that increase climate-resilience of and improve food security. Investments in more integrated farm systems can also reduce farmers’ vulnerability to the climate crisis and incentivize the uptake of CRA.

About GCF

The Green Climate Fund is a fund established within the framework of the UNFCCC as an operating entity of the Financial Mechanism to assist developing countries in adaptation and mitigation practices to counter climate change. It was founded in 2010 and is headquartered in Incheon, South Korea.

About FAO

The Food and Agriculture Organization of the United Nations is a specialized agency of the United Nations that leads international efforts to defeat hunger. Our goal is to achieve food security for all and make sure that people have regular access to enough high-quality food to lead active, healthy lives. With 195 members – 194 countries and the European Union – FAO works in over 130 countries worldwide.

Journal Online
A collection of noteworthy information on various topics from the Philippines and the rest of the world.