World Bank and Moldova Join Forces to Fight Impacts of Climate Change on Agriculture

Published: 11 November 2009 y., Wednesday

Žemdirbystė
A joint partnership between the World Bank, the Moldovan Ministry of Agriculture and Food Industry and the Ministry of Environment was launched in Moldova’s capital in the late days of October. The new partnership aims to consolidate Government and Bank efforts to reduce the vulnerability of Moldova’s farmers to climate change. The program will be managed by the World Bank and supported by about $350,000 in grants from the World Bank, the Bank-Netherlands Partnership, and the Trust Fund for Environmentally and Socially Sustainable Development.

On October 28, the World Bank hosted a national awareness raising and consultation workshop dedicated to the vulnerability of Moldovan agriculture to climate change. This national event was preceded by a regional launch of the World Bank World Development Report 2010: Development and Climate Change and the regional flagship report Adapting to Climate Change in Europe and Central Asia. Integrating global and regional knowledge on climate change with national and sub-regional responses is a must in tailoring effective adaptation solutions to the impacts of climate change on agriculture.

“Helping countries prepare for climate change is one of the World Bank’s global priorities, and since agriculture in Moldova is so important and so vulnerable to climate change, we are going to support the Government and farmers here to develop a more resilient agriculture,” said Melanie Marlett, World Bank Moldova Country Manager.

Moldova is already experiencing the effects of growing climate variability and change, with increasing seasonal temperatures, moisture deficits, and extreme events like drought, floods and frost. Furthermore, climate projections for the future predict a hotter, drier and more variable climate across most of the country. These changes could significantly affect the livelihoods of Moldova’s farmers, and highlight the need to begin developing and implementing actions to increase the resilience of agriculture to climate variability and change.

What’s next? In the coming months, the World Bank will provide technical support to Moldovan institutions to enhance their ability to integrate climate change adaptation into agricultural policies, programs, and investments. Support will include improving hydro-meteorological services, investing in irrigation or water use efficiency, developing new crop varieties, and enhancing farmers’ technical skills. The figures speak out for themselves. In 2007 alone, Moldova lost over US $1 billion in agriculture due to a devastating drought. With a probability of catastrophic drought now down to one in two years, there’s no time to be wasted.

“Climate change and variability are already happening in Moldova. It is clear that the country can’t afford business as usual and that now is the time to develop and implement adaptation responses to climate change”, said William Sutton, Senior Agricultural Economist, Europe and Central Asia, during the national climate change workshop on October 28. 

 

Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Parex Bankas is to refinance LTL 19.5 million for small and medium-sized enterprises

Parex Bankas won the tender organised by UAB Investicijų ir Verslo Garantijos regarding the financing of very small, small and medium-sized enterprises, and is to lend LTL 100 million together with other three selected banks. more »

Commission approves aid package for German bank WestLB

The European Commission has approved, under EC Treaty state aid rules, the €5 billion risk shield for German bank WestLB and accompanying measures, following an in-depth investigation opened in October 2008. more »

Capital Requirements Directive - rapporteur Karas interviewed

MEPs have backed new rules to rebuild trust in Europe's battered banks through better financial supervision and risk management. more »

AB Bank SNORAS changes the interest rates on time deposits

Taking into consideration the tendencies in the market, starting from 11 May this year AB Bank SNORAS will change the interest rates on time deposits in Litas, Euro, Great Britain pounds and USA dollars. more »

VW, Porsche in merger talks

Now VW and Porsche who are looking into a merger. more »

Small business, big ideas

First European SME week supports small businesses and encourages entrepreneurship. more »

Twist of fate: $120,000 found at ATM

Officials at an El Paso bank said $120,000 found at an ATM doesn't belong to the bank. more »

MEPs adopt strict conditions for the placing on the market of seal products in the European Union

The placing on the market of seal products should not be allowed say MEPs. It is permitted only where the seal products result from hunts traditionally conducted by Inuit and other indigenous communities. more »

Obama's corporate tax crackdown

President Barack Obama is calling on Congress to overhaul tax policies that he said reward companies for shifting U.S. jobs overseas and allow wealthy people to evade taxes using offshore accounts. more »

Animals used in science, seal ban debated Monday

MEPs will discuss the protection of animals used for science Monday evening along with a proposal to ban the trade in seal products. more »