NaijaAgroNet: ... Linking agrobiz, sustainable environs, people & technology
The UN’s International Fund for Agricultural Development (IFAD) and the Government of the State of Maranhão signed a financing agreement today for the implementation of the Amazon Sustainable Management Project (PAGES). Implemented in Brazil’s state with the highest poverty and food insecurity rates, the project will address the entrenched environmental degradation of the Amazonian forest.The total project cost is US$ 37 million, of which IFAD will contribute with a grant of US$ 17 million, provided by the Government of Germany through the Enhanced Adaptation for Smallholder Agriculture Programme (ASAP+). The Government of Maranhão will contribute $ 16 million, and the beneficiaries will provide in-kind contributions of $ 4 million.
