Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Gender Mainstreaming
• Food and Nutrition Security
• Youth Employment
• Governance

Environmental Achievements

• Measures to address climate change built into project activities, including development of sustainable and climate-resilient value chains, promotion of renewable energy and water management, capacity-building for sustainable natural resource and climate risk management, and support for climate-resilient agroforestry systems.

Social Achievements

• Applied gender-sensitive poverty and livelihood analysis methodology; increased women's voice and created more balanced workload and benefit sharing; improved women’s access to resources and economic opportunities; supported women's leadership in rural organizations; reduced rural youth unemployment through value chain development; improved food and nutrition security through increased production and productivity of basic foods, marketing of nutritionally enriched and diversified food products, nutrition education, and training to improve women's skills and knowledge.

Governance Achievements

• Strengthened oversight and capacity-building; established a single programme management unit (PMU) for all IFAD projects at the ministry level, supported by departmental coordination units (DCU); established a multisector technical group to identify specific agribusiness policy and regulatory reforms; facilitated multi-stakeholder dialogue to identify and propose solutions to existing constraints and barriers to sector investment; strengthened FO managerial, financial, marketing and technical capacities.

Climate Goals & Targets

Environmental Challenges

• Weak institutions and vulnerability to shocks; high rural poverty rate (roughly 70%); discrimination against women; weak institutional capacity; challenging financial control environment; macroeconomic crisis including economic recession, large fiscal and current account deficits, and erosion in confidence; dependence on oil and vulnerability to external shocks; declining agriculture's contribution to GDP; soaring food imports; high inequality; high youth and women unemployment; lack of processing activities; limited access to finance, especially for women, youth, and start-ups; lack of market access and value chain linkages; fragile governance structures; challenging investment environment.

Mitigation Strategies

• Support from the International Monetary Fund (IMF) through an Extended Credit Facility (ECF) focusing on governance improvements; focus on integrated rural development and value chain approach; support to the private sector and rural finance; institutional capacity strengthening; focus on integrating smallholders into value chains; strengthened oversight and capacity-building; establishment of a single PMU; multisector technical group to identify reforms; multi-stakeholder dialogue; strengthening FO capacities; partnerships between agribusinesses and microfinance institutions; building vertical and horizontal business linkages; creation of business support services; identification of policy and regulatory reforms; multi-stakeholder dialogue; demand-driven approach to production and improvement of value chain efficiencies; establishment of a single PMU; selection of value chain champions; robust programme oversight; systematic annual reviews; intensive follow-up program; dedicated grant resources to increase data availability; focus on corporate commitments under IFAD11; strong and regular coordination with the UN country team; flexibility in response to changing situations; diversification of cofinancing sources; adherence to IMF program; collaboration with private sector and TFPs; capacity-building of project implementation units; timely preparation of financial management and procurement manuals; selection of value chains to reduce environmental risks; careful targeting of vulnerable groups; flexibility in value chain selection; clearer FO capacity-building objectives; robust framework to avoid fiduciary problems; focus implementation on a limited geographical area.

Supply Chain Management

Responsible Procurement

• Public-private partnerships (4Ps)

Climate-Related Risks & Opportunities

Physical Risks

• Floods
• Droughts

Opportunities

• Development of climate-resilient value chains

Reporting Standards

Frameworks Used: UN SDGs

UN Sustainable Development Goals

• SDG 1
• SDG 2
• SDG 5
• SDG 8
• SDG 9
• SDG 13
• SDG 16

The COSOP aims to contribute to the achievement of these SDGs through sustainable and inclusive development of agricultural production and agribusiness.