International Fund for Agricultural Development (IFAD) Current Affairs - 2020

UN’s IFAD Governing Council: Climate Change will push 100 millions to poverty

The Governing Council of International Fund for Agriculture let in Rome recently. The council says that by 2030 around 100 million people will be pushed to poverty. The council also said that this is mainly due to climate change impact on agriculture.

Highlights

The Government representatives and global development from all over the world attended the 43rd Governing Council of IFAD. The Council reported that around 90% of 17.2 million people displaced were due to climate-related disasters.

Suggestions

The council suggest that there is an urgent need to invest on rural development. This will help avoid the catastrophes arising due to climate change.

Other causes of Poverty

Apart from climate change, conflicts are the other major cause of poverty and hunger. The Council says that in Africa alone, the conflicts have risen by 36% between 2018 and 2019.

Effect on Agriculture

Disasters and Conflicts greatly affect agriculture. They stop agricultural production and stops millions from lifting themselves from their poor conditions.

The recent Locusts attacks in East Africa and West Asia are the best instances for climate change affecting agriculture. The locusts made longer stay as the temperatures were favourable for them. Usually, the cold drives them away. Due to increase in global temperature, they made longer stay.

43rd Session of International fund for Agricultural Development: UN SDG 2030 not achievable

The International Fund for Agricultural Development (IFAD) of the United Nations works to address hunger and poverty in developing countries. The 43rd session of the governing council of IFAD was held at Rome between February 11, 2020 and February 12, 2020. It was announced at the council meet that with the current progress rate, it is not possible to achieve United Nations Sustainable Development Goal 2030.

Highlights

The Council met at the FAO (Food and Agriculture Organization) of United Nations in Rome. The UN believes that the SDG Goal can be achieved only after a decade, that is by 2040. This is mainly because of lack of funds. In 2015 the world leaders under the SDG aimed to eliminated hunger by 2030. Also, they estimated that it can be achieved at a cost of 115 billion USD. However, today, they are in need of more investment to achieve the target.

IFAD

IFAD is an agency of United Nations that addresses hunger and poverty in rural areas all over the world. It was established at the World Food Conference in 1974.