Green Climate Fund - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

IFAD, Equity launch $200m climate finance mechanism

Sacco ReviewSeptember 4, 202609 mins

IFAD and Equity launch a US$200 million climate finance mechanism. ARCAFIM targets 260,000 farmers and 500 rural businesses. Women and youth will make up at least 80 percent of beneficiaries. The International Fund for Agricultural Development (IFAD) and Equity Group have launched the Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM), a US$200 million (Ksh25.89 billion)…