Getting your Trinity Audio player ready...
|
The Platform for Agricultural Risk Management (PARM) and the African Union Development Agency (AUDA-NEPAD) shared knowledge of the approaches and opportunities for effective agricultural risk management (ARM) in Africa.
Speaking during a side event titled “Accelerating Investments for Inclusive and Holistic Agricultural Risk Management in Africa” on the sidelines of the commemoration of the 15th Africa Day for Food and Nutrition Security (ADFNS), the 20th edition of the Comprehensive Africa Agriculture Development Programme (CAADP) Partnership Platform (PP) and the associated Malabo Policy Learning Event (MAPLE), Vincent Oparah, AUDA-NEPAD’s Head of Disaster Risk Management and Recovery shared information about potential funding and investment areas in agriculture risk management.
“There is a need to focus on agricultural risk management because agriculture is the mainstay of Africa’s economy. The sector is vulnerable to price volatility, financial uncertainties, global geopolitical tension, and climate risks (El Niño and La Niño events). Southern Africa and parts of the Sahel are undergoing drier conditions, while East Africa is being hit with wetter-than-usual conditions that trigger floods. This leads to loss of income and livelihood among smallholder farmers.
“These disasters exacerbate food and nutrition insecurity (at least one in five Africans goes to bed hungry, and over 140 million people in Africa face acute food insecurity). Research suggests that interventions could reduce expected losses by as much as 50%. Yet, African governments currently allocate just 1% of their national budgets to anticipatory responses and disaster risk reduction management,” Oparah said.
Jean-Claude Bidogeza, PARM’s Technical Specialist alluded to the volatility of governments in taking the decisions to fund the agriculture sector.
After the success of the PARM Art Challenge, the Platform for Agricultural Risk Management (PARM) launched the global campaign “PARM Stories Challenge” with media professionals, as part of the celebration of the #WorldFoodDay and the International #RuralWomenDay.
The challenge consisted of producing a high-quality video story that portrays rural farmers’ self-resilience to agricultural risks and showcases how this could be strengthened to increase their productivity and sustainable agri-food systems, contributing to the achievement of sustainable development goals 1, 2, 5, and 15.
The challenge has been organized in partnership with Africa 21, a network bringing together around 700 African journalists from 40 countries with expertise in development topics and a platform for exchange between media practitioners and researchers. Created in 2011, the network works for a better understanding of sustainable development in Africa, in particular from the angle of the implementation of the UN 2030 Agenda for Sustainable Development Goals.
The winners for 2024 were Pascal Ishimwe from Rwanda; Steven Costa Midjola from Togo; and AboubakarDewa from Cameroon. the journalists were funded by IFAD to attend the 20th CAADP PP and the 15th ADFNS in Harare, Zimbabwe, and were presented with certicates.