Search NaijaAgroNet

Showing posts with label Germany. Show all posts
Showing posts with label Germany. Show all posts

Tuesday, March 1, 2022

MeCAM applauds FAO, WFP, Germany partnership on diet for school children - NaijaAgroNet

NaijaAgroNet ... Linking agrobiz, sustainable environs, people & technology

… Partnership to boost school feed programme

The Media Centre Against Malnutrition (MeCAM) has commended the duo of the Food and Agriculture Organization of the United Nations (FAO) and the World Food Programme (WFP) for their joint efforts  to improve the diet of school-aged children, with the support from the German Federal Ministry of Food and Agriculture (BMEL).
MeCAM's National Coordinator, Mr. Remmy Nweke gave this commendation at the weekend, saying it would greatly support development of nutrition standards for school meal programmes across the world and Nigeria particularly.

Friday, November 17, 2017

Germany backs renewable energy projects in Africa with RLSF

The German Development Bank also known as Kfw and the African Trade Insurance Agency (ATI) have on the side lines of the annual Africa Investment Exchange: Power and Renewables Meeting, unveiled a new instrument to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale up to 50 Milliwatt (MW) green power renewable energy projects, reports NaijaAgroNet.

The facility, NaijaAgroNet gathered, is designed to provide a viable solution to one of the biggest challenges facing independent power producers (IPPs) operating in Africa, specifically the requirement to provide project lenders with a liquidity guarantee. The German Federal Ministry of Economic Cooperation and Development (BMZ) through KfW will provide funding of up to 32.9 million EUR to the facility, which aims to enable small-and mid-scale renewable energy projects in Africa to reach financial close by addressing liquidity requirements that lenders frequently require in order to fund such projects.

NaijaAgroNet reports that the launch of the new facility is happening at an opportune moment when emerging markets are seeing record investments in the renewable energy sector. The International Energy Agency (IEA) expects sub-Saharan Africa’s renewables capacity to grow by 73 per cent (24.4GW) over the period 2017-22. In addition, small-scale projects are seen as a potential solution to Africa’s energy deficit because they are easier to implement and can target energy requirements at source, but these projects find it difficult to access the type of guarantees needed to reach financial closure. The facility will kick in by providing immediate liquidity to keep the IPP afloat during periods of payment delays that are beyond the grace period provided in the power purchase agreement.

Günther Nooke, Personal Representative of the German Chancellor for Africa, BMZ, said “The Regional Liquidity Support Facility will address a key challenge in renewable energy project finance and de-risk private sector investments. We are pleased to provide the funding to this innovative instrument underlining Germany’s commitment to the objectives of the African Renewable Energy Initiative (AREI).”

The RLSF is designed to help independent power producers (IPPs) developing renewable energy projects in Africa to obtain the liquidity they need in the event that their off-taker (frequently a state owned entity) delays payment. The facility will provide immediate cash collateral supported by guarantees to a commercial bank that will in turn open a standby letter of credit to the benefit of the IPP. The amount provided will enable the IPP to operate and service the debt for up to 6 months. Furthermore, unlike most IPP letters of credit (which tend to be 12 month tenors) the facility is designed to be in place for multiple years.

Dr. Thomas Duve, KfW Director Southern Africa and Regional Funds, noted “We highly appreciate the opportunity to partner with ATI on this innovative instrument. The RLSF is a strongly market-driven concept, emphasizing KfW’s strategy to support and leverage the resources of local partners and the private sector.”

The facility, in combination with ATI’s traditional suite of political and trade credit risk insurance products (in particular ATI’s arbitration award default cover), means that ATI is able to cover the full range of political and financial risks facing investors on such projects.

Speaking at the launch, John Lentaigne, ATI’s Chief Underwriting Officer commented “We are delighted to be working with the German government, represented by KfW, on an initiative that directly targets one of the main bottlenecks preventing green power projects from being financed in Africa.”


Jef Vincent, Senior Advisor to ATI, who has overall responsibility for the initial implementation of the facility, added “Unlike some of the alternative solutions to the liquidity issue, ATI’s guarantee (as provided via the RLSF) will not require a counter-guarantee from the relevant Ministry of Finance, and as such we are confident this will be a very useful tool for those projects that we expect to support.”

Isaac Oyimah with agency report/GEE

... Linking agrobiz, sustainable environs, people & technology

Monday, January 25, 2016

Rotation speed, bad news for Red Planet pioneers



A team of scientists from Holland, Germany and the United Kingdom (UK’s) University of Manchester have revealed the importance of a circadian body clock that matches the rotational speed of the earth in a new study, reports NaijaAgroNet.

According to the Media Relations Officer, Faculty of Life Sciences, University of Manchester, Mr. Mike Addelman, these group of scientists studied animals in which variation in a single gene dramatically speeds up the natural circadian cycle from 24 to 20 hours.

“It is the first study to demonstrate of the value of having an internal body clock which beats in tune with the speed of the earth’s rotation,” he said.

The researchers, Addelman said, released animals with 24 hour or 20 hour clocks into outdoor pens, with free access to food, and studied how the proportion of animals with fast clocks changed in the population over a period of 14 months.

This, he said, allowed the team to study the impact of clock-speed in context of the “real-world” rather than indoors.

Mice with fast-running clock, experts said, gradually become less common with successive generations, so that by the end of the study, the population was dominated by animals with “normal” 24h clocks.

The research has potentially important implications for human health:  clock-disruption associated with abnormal work and lighting conditions, such as night shift work leads to health problems, such as increased risk of Type 2 diabetes.

The scientists pointed out that these studies now extended to the potential implications of space travel in the future, citing for instance, that the Martian day is 37 minutes longer than that on earth.

Professor Andrew Loudon, from The University of Manchester said the rotation speed of Mars may be within the limits of some people’s internal clock, but people with short running clocks, such as extreme morning types, are likely to face serious intractable long-term problems, and would perhaps be excluded from any plans National Aeronautics and Space Administration (NASA) has to send humans to Mars.

“The prospect of settling on Mars is a somewhat distant prospect. But if we ever do get to the Red Planet, I suspect we will be faced with body clock problems; those people with abnormally slow body clocks would be best suited to living there,” Prof. Loudon said.

Correctly, he pointed out that ticking body clock is essential for normal survival in the wild, and this has to be in phase with the rotation speed of the earth.

“Animals with clocks that do not run in synchrony with earth are selected against. Thus, the body clock has evolved as an essential survival component for life on earth,” he explained.

 Isaac Oyimah/GEE

... Linking agrobiz, sustainable environs, people & technology

Tuesday, September 1, 2015

Germany doles out N2.39b to assist eight countries

Germany through its Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety has doled out $12 million, about N2.39billion to assist eight developing countries, NaijaAgroNet reports.

Under a new United Nations (UN) programme called “Integrating Agriculture in National Adaptation Plans programme”, Germany will through funding collaborate with Food and Agriculture Organisation (FAO) and United Nation Development Programme (UNDP) to work with ministries of agriculture in Nepal, Kenya, the Philippines, Thailand, Uganda, Uruguay, Viet Nam and Zambia to incorporate agricultural sectors into National Adaptation Plans.

An FAO press release made available to NaijaAgroNet, said under the four-year initiative, countries will receive various types of support. FAO will offer policy advice and technical support to ensure that climate change adaptation priorities in the agriculture, forestry, and fisheries sectors are incorporated in this planning process. UNDP will engage with countries in managing climate risk, in planning and budgeting, and help them strengthen information systems, project formulation, and coordination between government institutions.

The initiative, NaijaAgroNet gathered, has immediate potential to link with and amplify existing programmes in the target countries and improve their prospects for accessing global funds for climate finance, such as the Global Environment Fund and the Green Climate Fund.

The Executive Coordinator UNDP Global Environment Finance Unit, Adriana Dinu, said, "Our food security in the decades to come depends on our collective ability to innovate and adapt to climate change. The agriculture sector is critical to every nation and is a lifeline for livelihoods. Therefore, FAO and UNDP have joined forces to support partner countries to integrate agriculture into National Adaptation Planning (NAP) processes."

While the Director of FAO's Climate, Energy and Tenure Division, Martin Frick, added ,"Ministries of agriculture, fisheries and forestry need to be at the table when countries develop and implement domestic policies to address climate change,"

Cyriacus Nnaji/GEE

... Linking agrobiz, sustainable environs, people & technology

Wednesday, May 6, 2015

UN - 34 African nation’s soil endangered





The United Nations (UN) climate changes conference in Germany tagged “International Year of Soils” has come to an end with scientist and environmental advocates estimating that nearly a third of the world’s soil is degraded, with the figure closer to two-thirds in sub-Saharan Africa, NaijaAgroNet reports.

NaijaAgroNet gathered that the one week-long conference reports that 34 of Africa’s 54 countries have over 20 percent in either the amount of land degraded or the amount of population affected by land degradation.

Emphasizing the importance of soil, NaijaAgroNet gathered that the experts view the soil as one of the most important resources obtainable, if not the most important. They further substantiate that it sustains all our agricultural and livestock food production, wood for fuel production, filters water so that we can drink it and fish can live in it, as well as useful for construction – therefore sustaining our homes and infrastructure. 

It further maintained as NaijaAgroNet learnt, that in Africa, the issue of land degradation (a decline in land quality caused by human activities) and soil fertility decline is deeply complex with intertwining and cyclical causes. These range from poverty, inadequate farming techniques, and poor inherent soil qualities to population pressure, to insecure land tenure and climate change, amongst other factors.
Stating also that if these are issues are not addressed, the cycle of poor land management will result in higher barriers to food security, agricultural development for smallholder farmers and wider economic growth for Africa.

According to Agriculture for Impact (A4I), an independent advocacy initiative, NaijaAgroNet gathered that the economic loss as a result of land degradation is estimated at approximately N13.5 trillion ($68 billion) per annum.

It further advocates that better land management practices could deliver approximately N279 trillion ($1.4 trillion) globally in increased crop production which is 35 times the losses.  
NaijaAgroNet also learnt that a 2008 report on the “Global Assessment of Land Degradation” by the Food and Agricultural Organization (FAO) and partners offered some shocking insights and surprises into the degree of soil degradation in some African countries. 

The African countries on the UN watch list as NaijaAgroNet gathered would be the dry land African countries around the Mediterranean and Middle East and relatively small areas in the Maghreb and the Nile delta. 

The conference NaijaAgroNet gathered, advocates that the rate of soil nutrient depletion is a factor that must be considered when ranking which countries should be on the soil watch list, as an important concern directly linked to food insecurity in developing countries due to the intensification of land use for agricultural production. 

NaijaAgroNet gathered that 650 people from 80 countries gathered in Germany for the conference that brought together scientists and environmental advocates to discuss climate change’s increasingly hottest topic - soil. 

Daniel Nsolibe /Ed,Ops.
  
... Linking agrobiz, sustainable environs, people & technology

Monday, March 11, 2013

Green Climate Fund Board meets in Berlin, searches for innovative solutions


The 24-member board at a recent meeting.
As the three-day meeting of the Board of the Green Climate Fund (GCF) takes off in Berlin, Germany, today, how to finance innovative solutions tops the agenda at the third session of GCF.

NaijaAgroNet gathered that the meeting would last between March Tuesday 12 and Friday 15, 2013. Noting that the Green Climate Fund was established by the United Nations Climate Change Convention to channel support to the developing world to address climate change.

Also gathered by NaijaAgroNet was that the Green Climate Fund is expected to be one of a range of funding channels to deliver on the long-term goal to mobilize US$ 100 billion, about N158,249 billion per annum in climate finance by 2020 from a range of sources, both public and private.

According to a Press Advisory, the Fund’s board, equally composed of representatives of developed and developing countries, is currently in its start-up phase and is focusing its work on establishing the systems and policies to manage financial flows in order to have a global impact on climate change.
 
Co-chair of Green Climate Fund Board, Zaheer Fakir, said they need to put systems in place, robust enough to handle a significant flow of climate funding and flexible enough to ensure that these funds are spent effectively on adaptation and mitigation throughout the developing world.

‘The challenge is to get the Fund up and running as soon as possible with the institutional
structures, policies, and safeguards to target funding based on country owned strategies,” he said.

Equally speaking, the Co-Chair of GCF, Mr. Ewen McDonald, pointed out that the impact of climate change in developing countries could limit or even reverse their growth.

“The Fund needs to be innovative to help developing countries undertake action to move their economies onto climate-resilient and low-emission development pathways. A key part of this will be the Fund’s ability to leverage significant funding from both public and private sources. Discussions in Berlin around the design of the Private Sector Facility will be critical in this regard.” McDonald said.
 

Alongside discussions on a business model framework, the three-day Board meeting is also expected to advance the plans to establish the Fund within its host city of Songdo, Incheon City, Republic of Korea, as well as adopting additional rules of procedure for the Board, and begin discussing how best to mobilize resources for the Fund.



Remmy Nwekke/NaijaAgroNet

... Linking agrobiz, people & technology