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USDA to invest $34m in climate resilience

Sunday, 19 May 2024


FE REPORT
The United States Department of Agriculture (USDA) is going to invest over $34 million in its new Bangladesh climate-smart livestock project through the food for progress programme over five years to achieve sustainable results.
The USDA will work closely with the Ministry of Fisheries and Livestock and the Bangladesh Livestock Research Institute to achieve the results.
The USDA in the US Embassy, Dhaka will launch the project to enhance efficiency, promote climate resilience, and foster sustainable innovations in the livestock sector, says a press release issued on Saturday.
Bangladesh is one of the countries most vulnerable to climate change.
The US is committed to supporting Bangladesh for implementing the climate-smart agricultural practices to help Bangladesh adapt to and mitigate the effects of climate change.
This new innovative project will significantly boost livestock productivity, improve market access and implement climate-smart practices across 16 targeted districts, ultimately benefiting over 250,000 livestock farmers.
The project will introduce advanced production technologies, improve animal health, and reduce greenhouse gas emissions, aligning with Bangladesh's national climate goals.
By linking producers to end buyers and increasing access to investment capital, the project aims to grow livestock sales by $940 million over its five-year period.
"We are excited to launch this innovative project. This project will simultaneously help small holder livestock producers increase production and improve their livelihoods, while also reducing methane emissions. This will show that climate change adaptation and mitigation do not need to come at a cost to agricultural production," said USDA Agricultural Attache Sarah Gilleski.
The USDA climate-smart livestock project is implemented by the ACDI/VOCA.
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