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

EBRD and Latvia has signed an agreement on purchase of Parex banka’s shares

EBRD and Latvia has signed Share Purchase Agreements providing that following the increase of equity capital the EBRD will purchase 57,506,825 ordinary shares comprising 25% and 1 share of the Bank's equity capital. more »

Recession gives artist a break

This dreamy scene of money raining down on Wall Street amid a deep recession has given a street artist a big break. Peter Zonis now exhibits his works in the lobby of an office building in New York's midtown Manhattan. more »

Another Five Winners of the Danske Bankas Monthly Scholarship Award have been Announced

During the draw another five winners of the Danske Bankas monthly Scholarship award were announced. more »

During the first quarter of this year the turnover on the accounts of AB Bank SNORAS payment cards grew almost by one-fifth

Within January - March this year, the turnover on the accounts of AB Bank SNORAS payment cards increased by LTL 202 million or 18 per cent and on 31 March this year reached LTL 1.3 billion. more »

Fitch affirms high DnB NORD Bankas creditworthiness rating

Fitch Ratings affirmed AB DnB NORD Bankas short term borrowing rating F1, individual rating “C/D” and the support rating “1”. more »

DnB NORD Bankas revises deposit rates

Taking into account changes on international and domestic money markets AB DnB NORD Bankas has changed individual and corporate customers time deposit rates. more »

ACP-EU Assembly debate centres on food and financial crises and economic partnership agreements

The G-20's response to the world food and financial crisis, and efforts to make ACP-EU economic partnership agreements flexible enough to meet development needs, took centre stage at the 17th session of the ACP-EU Joint Parliamentary Assembly in Prague from 4 to 9 April. more »

Single European Sky: MEPs lead the way to shorter, safer and cheaper flights

European aviation will be governed by more efficient rules, leading to shorter flights, fewer delays and reduced fuel consumption, thanks to the adoption today by the European Parliament of the “Single European Sky II” legislation. more »

Settling accounts

Late payment for work performed, a perennial problem in Europe, is now hampering recovery from recession. more »

International Rating Agency Fitch Ratings has changed Bank SNORAS ratings

On 8th April 2009 International Rating Agency Fitch Ratings has changed Bank SNORAS Long-Term Issuer Default Rating to ‘B+'. more »