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The governments of the Philippines, Ecuador, India, Kenya, Laos, Uruguay and Vietnam have come together to launch a $379-million initiative to combat pollution from the use of pesticides and plastics in agriculture.
Despite their benefits for food yields, these chemicals pose significant risks to human health and the environment. As many as 11,000 people die from the toxic effects of pesticides annually, and chemical residues can degrade ecosystems, diminishing soil health and farmers’ resilience to climate change. The opening burning of agricultural plastics also contributes to an air pollution crisis that causes one in nine deaths worldwide.
The Financing Agrochemical Reduction and Management Program–or FARM–led by the UN Environment Program with financial support from the Global Environment Facility , seeks to change that, elaborating the business case for banks and policy-makers to reorient policy and financial resources towards farmers to help them adopt low- and non-chemical alternatives to toxic agrochemicals and facilitate a transition towards better practices.
To do this, the FARM program will support government regulation to phase out POPs-containing agrochemicals and agri-plastics and adopt better management standards, while strengthening banking, insurance and investment criteria to improve the availability of effective pest control, production alternatives and trade in sustainable produce.
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