The World Bank Board of Executive Director approved today $100 million to help Cameroon improve the productivity and competitiveness of targeted livestock production systems in the country over the next six years.
The Livestock Development Project will help build resilience to climate change and improve the nutrition status of vulnerable populations. The project will help in the commercialization of their products for the targeted beneficiaries, and provide immediate and effective response in the event of an eligible crisis or emergency.
“Agriculture plays a significant role in Cameroon’s socio-economic development, and with livestock employing 30 percent of the rural population, it is important to help the sector contribute towards economic growth, reduction of food insecurity and malnutrition, and job creation.” says Elisabeth Huybens, World Bank Country Director for Cameroon. In addition to that, a clear opportunity is offered to address some of the effects resulting from climate change such as reduced agricultural production, natural resource degradation, food insecurity, and threats to the livelihoods of its vulnerable populations.
This project will benefit livestock rearing households, including pastoralists, livestock farmer’s organizations and their microfinance institutions, small and medium scale private livestock operators and vulnerable groups, particularly women and youth. Livestock support services, including the public livestock research and extension services, NGOs, and service providers involved in the targeted livestock value chains in the project areas will also improve as a result of the project.
Source: worldbank.org
