Categories: World

Ukrainian farms eligible for funding through United Nation’s International Fund for Agricultural Development

close Video

Fox News Flash top headlines for February 15

Fox News Flash top headlines are here. Check out what’s clicking on Foxnews.com.

Ukraine’s small-scale farmers, who are playing a critical role in feeding the population during the war, will be eligible for funding through the U.N.’s International Fund for Agricultural Development following Ukraine’s induction Wednesday into body, officials said.

Small farmers in Ukraine “play a fundamental role in feeding the country” during the war, producing up to 80% of dairy, fruits and vegetables consumed by the population, IFAD said in a statement.

Farmers in the western provinces, where many people have fled to escape fighting in the east, “will require support to meet the increased demand for food,’’ the organization said.

UKRAINE KILLING NEARLY 1,000 RUSSIAN TROOPS EVERY DAY, ELIMINATES 5,000 IN SINGLE BATTLE

The farms are also an important source of income for an estimated 13 million Ukrainians living in rural areas, as poverty and malnutrition are becoming more widespread, IFAD said. According to a recent report by the U.N. Food and Agriculture Organization, many people living in rural areas are on the brink of poverty, with 44% living below subsistence levels and 7% suffering malnutrition.

Corn is harvested at a farm in Vinnytsia, Ukraine. Small-farms across Ukraine are eligible to be funded through the United Nations’ International Fund for Agricultural Development. (Oleksandr Lapin / Ukrinform/Future Publishing via Getty Images)

Membership in IFAD will give farmers access to both grants and loans, as well as supplementary funds, officials said. IFAD has provided more than $24 billion to fund projects in developing countries since 1978.

FORMER PUTIN SPEECHWRITER, OTHERS ADDED TO RUSSIA’S ‘FOREIGN AGENT’ REGISTRY

Ukraine’s membership in IFAD — in discussion since 2016 — also recognizes Ukraine’s role as a major global producer and exporter of wheat, corn and sunflower oil, as the ripple effects of the war shake the global supply chain.

“Despite the war, Ukraine is still committed to contributing to global food security, to defuse the food crisis and save millions of people from hunger,” Yaroslav Melnyk, Ukraine’s ambassador to Italy, said after membership was conferred.

CLICK HERE TO GET THE FOX NEWS APP

“However, this requires international assistance and investment, in particular … support to increase exports and to perform the sowing and harvesting campaigns,” he said.

Share

Recent Posts

Firefighter dies after vacation excursion with family at summer hot spot

close Video Expert warns of new ways hackers are targeting travelers Kurt 'CyberGuy' Knutsson joins…

1 hour ago

Armed Texas woman sat in lawn chair on busy highway during hours-long standoff with police

close Video Fox News Flash top headlines for June 26 Fox News Flash top headlines…

1 hour ago

Ex-camp counselor arrested after allegedly threatening violent revenge on Christian camp over firing

close Video Father of Columbine victim works to prevent school shootings, address root causes Rachel's…

1 hour ago

Albuquerque Airport control tower fire alarm prompts FAA to divert flights, issue ground stops

close Video Bomb threat grounds Spirit Airlines flight at Detroit Metro Airport Sources tell FOX…

1 hour ago

College athlete’s Pokémon Go murder gets fresh look after FBI releases suspect sketch

close Video Fox News Flash top headlines for June 25 Fox News Flash top headlines…

1 hour ago

Diddy jury reaches partial verdict in sex trafficking, racketeering trial

The jury in Sean "Diddy" Combs' sex trafficking and racketeering trial reached a verdict on…

2 hours ago