The Adaptation for Smallholder Agriculture Programme (ASAP) channels climate finance to smallholder farmers so they can access the information tools and technologies that help build their resilience to climate change. Launched by the International Fund for Agricultural Development (IFAD) over a year ago, ASAP has become the largest global financing source dedicated to supporting the adaptation of poor smallholder farmers to climate change. The programme is working in more than thirty developing countries, using climate finance to make rural development programmes more climate-resilient.
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ASAP applies the same procedures as regular IFAD investments, following the typical IFAD design cycle: i) Project concept, ii) Detailed project design and quality enhancement, iii) Executive Board review, iv) Negotiation and approval and v) Implementation.