FINANCING FINANCING CLIMATE CLIMATE SMART SMART

AGRICULTURE AGRICULTURE FOR YOUNG FOR YOUNG PERSONSPERSONS

FFD FINAL PROJECT FFD FINAL PROJECT BY NNADI KEVIN,BY NNADI KEVIN,

ABUJA ABUJA NigeriaNigeria

icadnig@gmail.com

Financing for self sufficiency

Introduction The Climate Smart Agriculture is planned

with the aim of establishing and promoting at least 10,000 youth-led farms and

agribusinesses across Africa by 2020; as well as promoting a youth-led agribusiness

society, reducing poverty and increasing active youth participation in sustainable

agriculture by 2020. This is in line with the new SDG goals

BACKGROUNDAgriculture accounts for a huge percentage of Nigeria’s GDP and employs 70% of the population. With a high population growth rate, unemployment and youth restiveness and need to ensure food security, land use change associated with promotion of agricultural activities in Nigeria is high. This is especially so regarding youth participation in Agric. To transform to a green economy, there is need to promote the adoption of sustainable technologies through market incentives that increase the interest and participation of young people in sustainable Agric management and livelihood practices.  

TARGET BENEFICIARY Graduates and Undergraduates between the ages of 15-35

years in the FCT and neighbouring States of Nigeria

METHODOLOGY Research and Documentation (Needs Assessment and

Baseline Surveys, Training Manuals and Media Toolkits) Advocacy and Networking Capacity Building Media (Print, traditional, electronic and social) YFarm online short courses YFarm community outreach Incubation Centre Multi-level Marketing

CSA - STRATEGIC ACTIVITY

Value Chain and Value Addition Academy for Cassava and Pineapple.

Production, Processing, Packaging and export of Cassava and Pineapple

Agribusiness Training. Internships and Exchange programmes E-Commerce platforms (mobile app, e-shop and

online directory) Consultancy services

Background….Agricultural systems can be made more efficient, productive and profitable for young people to secure their livelihoods and ensure food security as a strategy to adapt to climate change by embracing climate smart agriculture.

Climate smart agriculture Project is indeed a unique project which aims to draw young people out of Poverty, into Sustainable Agriculture. It adopts a two-pronged approach of promoting youth-led farms/agribusinesses and highlighting the benefits of farming for sustainable livelihoods. This work changes the poor image of young persons involved in agriculture as poor and illiterate, and promote them as nagropreneurs and agribusiness experts.

Nigeria is one of the 53 African governments who agreed to make agriculture a top priority in national development by increasing public investments in agriculture to at least 10 percent. This agreement was signed during the July 2003 African Union Summit in Maputo, Mozambique to drive one of the most promising African-led initiatives called the Comprehensive Africa Agriculture Development Program (CAADP).

It is worthy of note that the Federal Government has come up with the Agricultural Transformation Agenda (ATA) policy framework to transform the agriculture sector and make it more viable and attractive to the public and investors. Secondly, there are several presidential Initiatives like the Youth Enterprise with Innovation in Nigeria (YouWiN) and Youth Employment in Agriculture Programme (YEAP) specifically created to inspire entrepreneurship in young people.

three key challenges in successfully implementing the implement: 1. Finance 2. Land for the Incubation Centre and 3. Innovative financing.

The challenges of innovative financing

The quest for innovative and additional sources of financing for development has a long lineage. Mobilising IFD was recognised as a key challenge and objective at the UN International Conference on Financing for Development in Monterrey in 2002 (UN 2002). Political-level discussion has since gathered pace in international and regional forums including the Commonwealth Finance Ministers Meeting in 2011 (Commonwealth Secretariat 2011a), the G8 in 2009 and the G20 in 2011. Political commitments have been supported by a growing body of technical work byinternational, regional and national organisations, private sector associations and foundations, and civil society organisations (CSOs)

A large part of Nigerian citizens live in poverty. This is out of place considering the huge potential Nigeria has in terms of youthful population and agricultural resources available.

Rice plantation

This project aim to inspire a movement of young people to take ownership of initiatives by the Federal Ministry of Agriculture and Rural Development as well as advocate for more investments in agriculture. The plan will also provide an avenue to increase awareness among policy makers and national leaders on the contribution of agricultural investment in achieving the national growth we all desire to see.

The Sustainable Development Goals are the most ambitious seen in 2015 and achieving them will require collective action and Partnership. If we must succeed and make impact in financing climate smart agriculture, we must adopt some basic principles of adaptation,Financing and finance tracking principles, and develop joint ideologies for measuring the amount of public and private finance we leverage, drawing on Nigeria’s collective experience.

Reference:

FROM BILLIONS TO TRILLIONS:MDB Contributions to Financing for Development