Home / Agricultural Economy / Agribusiness / IFAD ESTABLISHES A ‘CRISIS RESPONSE INITIATIVE’ FOR FINANCING SMALL-SCALE PRODUCERS IN UKRAINE!

IFAD ESTABLISHES A ‘CRISIS RESPONSE INITIATIVE’ FOR FINANCING SMALL-SCALE PRODUCERS IN UKRAINE!

Conflict and food insecurity go hand-in-hand. Without peace, stable food systems and sustainable development will always be out of reach. The war in Ukraine has caused not only a humanitarian crisis, but is also increasing food and fuel prices, which in turn are impacting the world’s most vulnerable people.

Even before the war in Ukraine, the world was facing a worsening food crisis with the combined impacts of COVID-19, extreme weather shocks, and inflation wreaking havoc on food supply and prices. Now, as conflict rages in a major food and commodities exporting region, the food crisis is quickly spiralling.

To respond to this, International Fund for Agricultural Development (IFAD) has established a Crisis Response Initiative (CRI), a financing facility dedicated to supporting small-scale producers most affected by the Ukraine crisis. The initiative aims to help them access the inputs, credit, small-scale infrastructure, and information they need to maintain food security and sustain decent livelihoods, while adapting to the ongoing impacts of climate change. It also reinforces IFAD’s long-term efforts to build resilience in poor rural communities in developing countries around the world.

Above all, IFAD joins calls from the United Nations Secretary General, and the global community, for an immediate end to the war in Ukraine, restore peace, and protect human rights.

IFAD Crisis Response Initiative

In response to the war in Ukraine, IFAD has set up the Crisis Response Initiative (CRI), which will protect livelihoods and build resilience in rural communities by addressing the urgent needs caused by the war while tapping into new market opportunities for small-scale producers. 

About İsmail Uğural

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