Small-scale family farmers, responsible for a third (32%) of global food production, received only 0.3% of international climate finance in 2021, with just 0.12% allocated to Bangladesh. A report by the Family Farmers Alliance disclosed that of the $8.4 billion directed at the agri-food sector, a mere 2% ($2 billion) was allocated to small-scale farmers and rural communities.
In Bangladesh, 4% of total international public climate finance supported food and agriculture, with only 2.6% benefiting smallholders. These farmers, often lacking resources, technology, and infrastructure, play a crucial role in global food security, producing a significant share of staple crops. The Intergovernmental Panel on Climate Change emphasizes the shift to nature-friendly food systems, where family farmers, with their knowledge and experience, are pivotal.