Lebanon awards $18.5M for agriculture
Lebanon has entered into an agreement with a funding of $18.5 million to support farmers and cooperatives through the Joint Agricultural Grant Initiative as part of the "Green Transformation for Agricultural Food" project funded by the World Bank. The goal is to help farmers restore their productive capacities, reduce costs, and adopt climate-smart technologies, while improving product quality and access to markets. Grants will be gradually provided to reward farmers' financial contributions, focusing on enhancing irrigation systems, water and energy management, and developing products and marketing channels. The overall aim is to strengthen economic resilience and sustainable competitiveness within the Lebanese agricultural sector.
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