AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

NEW YORK: French President Emmanuel Macron on Saturday announced a $150 million commitment to the International Fund for Agricultural Development, which is currently the most promised by any government.

The French leader made the announcement via video at the Global Citizen Festival in New York’s Central Park, where artists including Lauryn Hill and the Red Hot Chili Peppers are slated to perform Saturday night.

The Global Citizen event, which has been staged since 2012 as world leaders gather in New York for the UN General Assembly, offers free tickets to supporters who pledge to take actions such as sending letters to their governments urging development aid.

Thousands of people had gathered by Saturday afternoon at the famed park stage in Manhattan despite a chill in the air and persistent rain.

“We have to fight together against poverty, climate change and for biodiversity,” Macron said. “This is why we want to take our part as well.”

The Rome-headquartered IFAD is an arm of the United Nations aimed at addressing poverty and hunger in rural areas of developing countries.

Global Citizen welcomed Macron’s commitment in a statement, adding that “much more needs to be done to provide crucial support to millions of smallholder farmers around the world, who produce 70 percent of food in low and middle-income countries.”

The institution urged governments to double their climate adaptation funding, and make sure IFAD reaches its funding target of $2 billion by the end of 2023.

Along with Macron, they said Norway had pledged $90 million to IFAD.

In addition to the night’s headliners Jungkook of BTS fame and Brazil’s Anitta are expected to perform.

Comments

Comments are closed.

John Sep 25, 2023 09:54am
To end rural hunger Macron ought to end colonial rule in North Africa!
thumb_up Recommended (0)