On December 17, 2021, Canada’s Minister of International Development, Harjit Sajjan, announced that Canada will increase its pledge to the UN’s International Fund for Agricultural Development (IFAD) to CA$113 million (US$88 million) over 3 years, amounting to CA$38 million (US$29 million) per year. Sajjan made the announcement while participating in a side event at the virtual Nutrition for Growth Summit, marking a 50% increase over Canada’s previous pledge of CA$75 million (US$58 million).
This pledge intends to address the increasing frequency and severity of damaging climate change-related weather events such as floods, droughts, and wildfires, which have put small-scale farmers in low-income countries at an elevated risk of food insecurity and rural poverty. Canada’s contribution will help small-scale farmers, at least half of which are women, adapt to climate change, particularly in the context of recovery from the COVID-19 pandemic.
Additionally, Canada confirmed a loan amounting to CA$340 million (US$264 million) to support climate-smart and gender-sensitive agriculture approaches. The loan will help IFAD meet its commitment to double its impact by 2030 and make progress towards reaching the UN's 2030 Sustainable Development Goals to combat poverty and hunger.