PhnomPenhPost-Mar 15, 2023
The Green Climate Fund (GCF) has approved a $43 million project in Cambodia to enhance the adaptive capacity of smallholder farmers, local communities and other value chain actors of the Northern Tonle Sap Basin to the increasing threats associated with climate change.
The approval was made at the GCF’s 35th board meeting on March 15 in South Korea’s Songdo district.
The project is called “Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihoods in Northern Tonle Sap Basin” (PEARL).
It was formulated under the leadership of Cambodia’s Ministry of Environment and the Ministry of Agriculture, Forestry, and Fisheries, with technical support from the Food and Agriculture Organization of the United Nations (FAO). “The approved amount will fund the six-year project that will benefit 450,000 smallholder farmers and local value-chain actors in the northern basin area,” FAO said in a March 15 press release. It said the area is one of Cambodia’s most important agricultural regions and provides essential resources to support the livelihoods of more than three million Cambodians. Read more at:
https://phnompenhpost.com/national/un-backed-climate-fund-okays-43m-plan-tonle-sap-farmers