This initiative to integrate climate change considerations into rural development has been given a boost as a result of ASAP.

Going forward, the ASAP instrument will transition from a model whereby a subset of projects focus on building climate resilience to one in which all IFAD projects undertake vulnerability analyses that account for climate risks, among others. As IFAD institutionalises its experiences programming climate finance, it will seek to tap resources from public sources such as the Green Climate Fund, as well as private financial institutions, to leverage sufficient resources to advance its transition to a climate-resilience business model.

Christopher Paul Neglia works in Communications at the International Fund for Agricultural Development (IFAD) and is based in Rome, Italy.
Contact: c.neglia(at)ifad.org