2. ZERO HUNGER

US, Norway to launch Africa agriculture fund, commit $70 million

US, Norway to launch Africa agriculture fund, commit  million
Written by ZJbTFBGJ2T

US, Norway to launch Africa agriculture fund, commit $70 million  Reuters.com

US, Norway to launch Africa agriculture fund, commit $70 million

THE TAKE

Hunger has worsened in several regions of Africa, driven by armed conflict and extreme weather that scientists have linked to fossil fuel-driven climate change.

BY THE NUMBERS

The fund aims to reach a total of $200 million through additional contributions from donors and has the potential to benefit nearly 7.5 million people, the spokesperson said.

CONTEXT

Famine in parts of the Horn of Africa was averted this year as the rainy season, projected to fail for a fifth consecutive year, beat expectations. But aid officials say some 60 million people are still food insecure in seven east African countries.

KEY QUOTES

“Without these smaller agribusinesses, Africa’s smallholder farmers are growing just enough to feed themselves and their families,” Power told Reuters in a statement.

“But connect them to a nursery that can supply them with quality seeds and fertilizer, a market where they can sell excess harvest, or a processor that can turn their crops into higher-value products, and suddenly they have a chance to take off, delivering the kind of agricultural growth we know is necessary to fight hunger and poverty.”

SDGs, Targets, and Indicators

  1. SDGs Addressed or Connected to the Issues Highlighted in the Article

    • SDG 2: Zero Hunger
    • SDG 8: Decent Work and Economic Growth
    • SDG 13: Climate Action
  2. Specific Targets Based on the Article’s Content

    • SDG 2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers, in particular women, indigenous peoples, family farmers, pastoralists, and fishers, including through secure and equal access to land, other productive resources and inputs, knowledge, financial services, markets, and opportunities for value addition and non-farm employment.
    • SDG 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation, and encourage the formalization and growth of micro-, small-, and medium-sized enterprises, including through access to financial services.
    • SDG 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries.
  3. Indicators Mentioned or Implied in the Article

    • The number of small- and medium-sized agricultural businesses supported by the fund (indicator for SDG 2.3)
    • The number of smallholder farmers benefiting from the fund (indicator for SDG 2.3)
    • The number of private sector jobs supported by the fund (indicator for SDG 8.3)
    • The amount of additional contributions from donors to reach a total of $200 million (indicator for SDG 8.3)
    • The potential number of people benefiting from the fund (indicator for SDG 2.3)
    • The reduction in the risk of investing to spur commercial financing (indicator for SDG 8.3)

Table: SDGs, Targets, and Indicators

SDGs Targets Indicators
SDG 2: Zero Hunger SDG 2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers, in particular women, indigenous peoples, family farmers, pastoralists, and fishers, including through secure and equal access to land, other productive resources and inputs, knowledge, financial services, markets, and opportunities for value addition and non-farm employment.
  • The number of small- and medium-sized agricultural businesses supported by the fund
  • The number of smallholder farmers benefiting from the fund
  • The potential number of people benefiting from the fund
SDG 8: Decent Work and Economic Growth SDG 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation, and encourage the formalization and growth of micro-, small-, and medium-sized enterprises, including through access to financial services.
  • The number of small- and medium-sized agricultural businesses supported by the fund
  • The number of private sector jobs supported by the fund
  • The amount of additional contributions from donors to reach a total of $200 million
  • The reduction in the risk of investing to spur commercial financing
SDG 13: Climate Action SDG 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries. No specific indicators mentioned in the article.

Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.

Source: reuters.com

 

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