Climate Finance's Missing Link: The Struggle to Support Small Farmers
Extreme weather affected Esther Penunia's farm in the Philippines, highlighting the plight of small farmers amid climate change. At the UN climate summit, she advocates for increased climate finance to support agriculture adaptation. Currently, small farmers receive less than 1% of climate funding, despite agriculture significantly contributing to emissions.
- Country:
- Azerbaijan
In the Philippines, farmer Esther Penunia faces challenges due to extreme weather, accentuating concerns for small-scale agriculturists heavily impacted by climate change.
As leaders gather for the UN climate summit, Penunia pushes for greater financial support to aid agriculture's adaptation to mounting climate threats. Currently, small farmers receive a meager portion of climate finance, despite agriculture being a major emitter.
Experts argue for better funding allocation to bolster farming solutions and mitigate emissions, while climate bodies stress the urgent need to balance investments between agriculture and fossil fuel reduction efforts.
(With inputs from agencies.)
ALSO READ
NZ Unveils Second Emissions Reduction Plan to Meet Net Zero by 2050
Global Tourism Emissions Surge: Top 20 Countries Lead the Charge
India Launches Landmark Green Steel Taxonomy to Cut Emissions
Canada Sets Bold 2035 Emissions Target Amid Climate and Political Uncertainty
Government Introduces Standardized Farm Emissions Measurement Tool