Holding of the 4th Ministerial Conference of the Triple A Initiative in Meknes

Hibapress/ Abdelkrim Mahyaoui

The Minister of Agriculture, Maritime Fisheries, Rural Development and Water and Forests, Mr. Mohammed Sadiki, in his capacity as President of the AAA Foundation, chaired the 4th meeting of the AAA Foundation on Monday April 22, 2024 in Meknes. the Ministerial Conference of the Initiative for the Adaptation of African Agriculture to Climate Change (AAA). Held on the sidelines of the Moroccan International Agricultural Show, under the theme “Innovative financing to accelerate the Adaptation of African Agriculture to Climate”, the conference was attended by several African Ministers of Agriculture, as well as a diverse range of stakeholders, including financial and technical institutions, donors, private sector representatives, researchers, development institutes, universities and scientists. Since its launch, the AAA Initiative Ministerial Conference has become a crucial event for the advancement of African agriculture. This is a renewed opportunity for Ministers to share their experiences, perspectives and views on the challenges and opportunities facing African agriculture, and to chart a course of action for the future. An opportunity also to provide the strategic orientations of the AAA Initiative to promote and maintain efforts aimed at strengthening the adaptation of African agriculture to climate change, which is an essential priority for the economic and social development of the continent. Launched by the Kingdom of Morocco during COP22 in Marrakech in November 2016, the AAA Initiative is mobilizing to catalyze climate action in African agriculture. Financing needs for agricultural adaptation in Africa are estimated at nearly $580 billion by 2030, while only $11.4 billion is mobilized each year. To bridge this critical gap, it is imperative to explore innovative approaches and stimulate massive, coordinated investments. The AAA Initiative Ministerial Conference provides a platform for high-level policy dialogue to strengthen partnerships and define concrete actions to accelerate the mobilization of financing at scale. It is based in particular on the results of the round table “Increasing climate financing for agricultural adaptation in Africa”, organized in advance on April 18, 2024, which brought together eminent experts to explore innovative financial mechanisms. and formulate concrete recommendations. In his opening remarks on this occasion, the Minister underlined the urgency of acting in the face of the climate crisis which threatens the survival of the agricultural sector. He added that agriculture is the backbone of Africa’s development and stressed the pressing need for robust adaptation strategies and the imperative need to mobilize financial resources from various sources: public, private, national and international and develop innovative financial instruments, mechanisms and approaches to effectively channel funds to the most vulnerable farmers and communities. constitutes a key outcome of the conference, expressing a shared vision and concrete commitments to guide the mobilization of climate finance, particularly with a view to COP29. About the AAA Initiative: The Initiative for the Adaptation of African Agriculture to Climate Change (AAA Initiative) was launched by the Kingdom of Morocco during COP22 in Marrakech from November 7 to 18, 2016. Its objective is to contribute to African food security, improve the living conditions of vulnerable farmers and promote rural employment by encouraging practices of adaptation to climate change, strengthening the capacities of actors and channeling financial flows towards the most vulnerable farmers. The Initiative responds to the Paris Agreement on climate change by helping African countries implement their individual commitments to reduce emissions and adapt to climate change. It encourages the implementation of concrete projects for soil management, agricultural water management and climate risk management, with the aim of increasing the resilience of farmers and promoting sustainable agricultural practices that can be adapt to climate change. The AAA Initiative recognizes the importance of agriculture in the African economy and aims to ensure that it is not left behind in the fight against climate change.

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