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IFAD to provide grants for adaptation to climate change in agriculture

17:01 | 11.08.2021 Category: Economic

Chisinau, 11 August /MOLDPRES/- Grants of up to $ 5,000 for small farmers and $ 15,000 for cooperatives will be provided under the Rural Resilience Project (PRR), funded by the International Fund for Agricultural Development (IFAD). The call for grants was opened on 9 August and will run through next year until financial resources are exhausted.

The financial support is intended for the implementation of climate change adaptation initiatives in agricultural activities. Beneficiaries of the grants are agricultural or processing enterprises, except for those operating in the municipalities of Chisinau and Balti.

To be eligible, they must meet the following conditions: be active for at least one year; to have lands that do not exceed 25 ha; not to have debts to the budget and to have sufficient financial sources to ensure their own contribution which constitutes 70% of the investment cost for individuals and 50% for cooperatives.

Applicants will complete a grant application, which can be downloaded from the IFAD Consolidated Project Implementation Unit (UCIP) website.

The collaboration between the Republic of Moldova and the International Fund for Agricultural Development (IFAD) began in 1999. So far, the fund has supported in our country six projects and a program, the beneficiaries of which are over 130 thousand people. In Moldova, IFAD assistance aims to improve the incomes and living conditions of people in rural areas. The activities are intended for smallholders, farmers, small-scale animal producers, rural women, young people from different parts of the country, etc.



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