Powered by environmental finance, Africa’s largest gene bank helps to bolster biodiversity, food security

Agri Digest Online

Addis Ababa, Ethiopia, 15 July 2015 – On the occasion of the Third International Conference on Financing for Development, United Nations Development Programme (UNDP) Administrator Helen Clark and the Global Environment Facility’s (GEF) Chief Executive Officer Naoko Ishii visited today Africa’s largest gene bank, an initiative that links scientists with small-scale farmers to collectively revive and conserve traditional, indigenous seeds in the face of drought, climate change, and progressive erosion of traditional agricultural varieties that will prove vital for the future of food security in Africa.

The gene bank is hosted by the Ethiopia Biodiversity Institute, and is among initiatives supported by UNDP and the GEF worldwide that exemplify how environmental finance can play a critical role in advancing sustainable development.

“We need to make smart decisions and leverage environmental finance to catalyse and deliver multiple economic, social and environmental benefits. Investing in the wellbeing of our planet and halting…

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