Aug 21

Climate finance and support mechanisms for a resilient agriculture sector in West and Central Africa

Climate finance and support mechanisms for a resilient agriculture sector in West and Central Africa

Event Overview

As African agriculture is mainly rainfed, smallholder farmers and food security are vulnerable to the vagaries of the weather. Adaptation and resilience in Africa’s agriculture is critically important and has assumed a priority in policy discourse and development agenda in the continent. Increasing investment to support adaptation and resilience of agriculture has been identified as one of the approaches to promote climate actions in agriculture. However, the proportion of finance to support climate actions in the agricultural sector is small. CTA is collaborating with ECOWAS Commission to organise the regional workshop to contribute to increasing finance to support climate action for agriculture, in the West and Central African regions. 

As part of its programme intervention area on “Building Smallholder Farmers’ Resilience to Climate Change in Africa, Caribbean and the Pacific (ACP)”, CTA has collaborated with national consultants and country institutions in selected countries to engage with government officials and relevant stakeholders in a country study on the NDCs. The study highlights the key elements of the respective country NDCs, and, identifies possible opportunities emerging therefrom to increase support of climate finance and action in the agricultural sector in West and Central Africa regions. The draft reports of the country studies have been discussed with national stakeholders in validation workshops in the all the respective countries. As part of the implementation of the ECOWAS Agricultural Policy (ECOWAP), ECOWAS has undertaken several initiatives including the West African Initiative for Climate Smart Agriculture (WAICSA) which aims to promote climate-smart agriculture and resilient supply chains to ensure climate-friendly food security. It has also initiated the development of a blended finance mechanism that will be implemented through a window to be included into the ECOWAS Regional Fund for Agriculture and Food (ECOWADF). Due to the convergence of programmatic interventions, the two organisations are collaborating to co-organise the workshop. The specific objectives are: 

  1. Share and discuss the synthesis of the reports of the country case studies from the two regions; 
  2. Take stock of ECOWAS interventions with regards to the development of a climate-smart agriculture; 
  3. Synthesise key issues in the country reports to encourage cross-country and regional learning on climate finance for agriculture; 
  4. Discuss approaches to raise the profile of agriculture in the implementation of NDCs; 
  5. Identify priority regional action points and models for co-investment from the private sector and other opportunities for climate actions in agriculture in the regions; 
  6. Identify forums for joint actions on climate finance by CTA, ECOWAS Commission and ECCAS.
Abuja, Nigeria

Speakers

Speakers

Oluyede Ajayi

Oluyede Ajayi

Senior Programme Coordinator, Agriculture & Climate Change, CTA

Moderators

Oluyede Ajayi

Oluyede Ajayi

Senior Programme Coordinator, Agriculture & Climate Change, CTA

Organisers

  • CTA

    The Technical Centre for Agricultural and Rural Cooperation (CTA) is a joint international institution of the African, Caribbean and Pacific (ACP) Group of States and the European Union (EU). Its mission is to advance food security, resilience and inclusive economic growth in Africa, the Caribbean and the Pacific through innovations in sustainable agriculture. CTA operates under the framework of the Cotonou Agreement and is funded by the EU.

  • ECOWAS