| Project Detail |
Project Summary
Approval Date 15 Jul 2022
Planned Completion Date 30 Jun 2023
Last Disbursement Planned Date 30 Jun 2023
Sovereign / Non-Sovereign Sovereign
Sector Agriculture and Rural Development
DAC Sector Code 31110
Environmental Category 2
Commitment U.A 4,000,000
Status Approved
Project General Description
The proposed operation is for a grant to the Republic of Liberia for UA four million to finance the Liberia Emergency Food Production Program in Liberia from the resources of the Transition Support Facility Pillar I Grant. This is a Sector Budget Support under the African Emergency Food Production Facility (AEFPF) and will be implemented from 2022 to 2024. The Program is the Bank’s contribution to the Government’s response to the rising food prices caused by the disruptions of the Ukraine war. It will focus on climate resilient production, harvesting, and the marketing of rice. The Government, through the Ministry of Agriculture, will provide smart subsidies to reduce the cost of certified climate resilient rice seeds and fertilizers available to smallholder farmers, as well as extend support to climate smart post-harvest management and marketing of rice over two cropping seasons. The Bank’s resources will enable Government to facilitate farmers’ access to improved seeds, agro-chemicals, and fertilizer. The program will: i) improve food and nutrition security in Liberia; and ii) improve the regulatory environment for climate-smart agricultural input use.
Project Objectives
The principal objective of the program is to increase climate resilient food production in Liberia to mitigate the impact of the war in Ukraine by supporting farmers and Government with resources. The program will contribute to achieving short-term food security at household and national level, and thereby help to support economic stability and social welfare. The specific objective of the project is to assist the Government by contributing to increasing climate resilient food production, through direct smart subsidies (subsidies that create incentives for private sector investment in the inputs market without distorting the market) to vulnerable farmers.
Beneficiaries
The direct beneficiaries of the project are 10,000 farmers and 40,000 indirect beneficiaries (at least 30% female) who will be provided with smart subsidies, and rice value chain actors, as well as the Government that will receive resources to support and improve the regulatory environment for agricultural development. The project will indirectly benefit the people of Liberia by providing food and nutrition security, thereby reducing the adverse effects of the Ukraine war on social and economic stability and climate impacts. |
