The Gates Foundation today announced a new commitment to advancing climate adaptation, helping smallholder farmers build resilience to a warming world and protect hard-won gains against poverty.
Announced at COP30 in Belém, Brazil, where leaders are emphasizing locally driven adaptation, the four-year, $1.4 billion investment will expand access to innovations that help farmers across sub-Saharan Africa and South Asia adapt to extreme weather. In these regions, where food security and livelihoods depend on agriculture, smallholder farmers and the communities they feed are among the most exposed to droughts, floods, and rising temperatures. Yet less than 1% of global climate finance targets the growing threats to these vital food systems.
"Smallholder farmers are feeding their communities under the toughest conditions imaginable," said Bill Gates, chair of the Gates Foundation. "We're supporting their ingenuity with the tools and resources to help them thrive--because investing in their resilience is one of the smartest, most impactful things we can do for people and the planet."
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