May 12

$227 Million in Financing for Climate-Smart Agriculture in Madagascar

By Jean Marie Takouleu

The World Bank and the French Development Agency (AFD) are providing Madagascar with $227 million in financing. The funding will support sustainable agriculture in the face of climate change.

The development of sustainable agriculture is one of the solutions to the climate change affecting the African continent. In Madagascar, this practice is being supported by the World Bank, which has announced funding of $227 million. The funds will be provided by the World Bank ($200 million) and the French Development Agency (AFD), which is expected to approve €25 million in July 2023.

Photo courtesy of International Labour Organization ILO.

Source: Afrik21 (link opens in a new window)

climate change