World Bank cancels Kazakhstan Sustainable Livestock Development Program
Date
4/21/2022 3:14:08 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, April 21. The World bank has
cancelled the Kazakhstan Sustainable Livestock Development Program
for Results Program, upon the request from the government of the
Republic of Kazakhstan, Trend reports citing the World Bank (WB).
In a letter dated January 14, 2022, the Government of Kazakhstan
requested to cancel the mobilization of the loan for the
Sustainable Livestock Development Program for Results, citing
concerns about the financial instrument – Program for Results – in
favor of more immediate needs for the budget support.
The $500 million Loan Agreement was signed on May 14, 2021.
Designed jointly with the Ministry of Agriculture, the Program
aimed to support the development of environmentally sustainable,
inclusive, and competitive beef production in Kazakhstan.
The Program responded to a number of high-level priorities and
countrywide objectives in the agricultural sector, such as
diversification of exports and improvement of rural livelihoods. It
also aimed to increase agricultural productivity, while ensuring
green growth and sustainability policies aimed at promoting
climate-smart practices for sustainable beef cattle production.
The preparation phase included a full range of activities aimed
at enhancing the capacity and performance of the involved
implementing agencies as well as raising awareness among different
stakeholders. The World Bank leveraged US$0.5 million from the
Korea Green Growth Trust Fund for key analytics and technical
assistance in critical areas of animal husbandry practices and
environment monitoring. Good Practice Notes were developed for the
Animal Husbandry and Grassland Management and handed over to the
national partner to serve as a training and advisory reference.
Also, a system of monitoring, verification and reporting (MRV) of
greenhouse gases in livestock sector was developed and delivered to
the national counterparts. A series of virtual workshops in
partnership with the Global Research Alliance (GRA) and Food
Agriculture Organization (FAO) facilitated experience exchange on
calculation and mitigation of GHG emissions from livestock supply
chains.
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