(Ecofin Agency) - Niger is grappling with acute food insecurity affecting over 3.4 million people, according to the World Bank. To address this crisis, the institution has announced a funding package aimed at providing sustainable solutions to the country's agricultural and climate challenges.

The World Bank unveiled last week a $1 billion 12-year support program for Niger's agriculture and livestock sectors. The initiative is part of the Livestock and Agricultural Modernization Project (LAMP), which will roll out in three phases.

Phase one will run until 2029 for an investment of $350 million. It will focus on adopting climate-smart technologies, improving irrigation systems, and promoting good agricultural and livestock practices. The efforts aim to boost productivity, enhance food security, and improve climate resilience for 1.5 million people while facilitating local entrepreneurs' access to financing.

“This program will significantly improve agricultural and livestock productivity. It will support irrigation development - 18,000 ha during the first phase alone. It will also improve seeds and livestock breeds, and support access to finance for entrepreneurs," the Bank said.

Niger faces persistent climate change effects and rising jihadist attacks, contributing to growing food insecurity. Decreased rainfall, higher temperatures, and increased desertification have led to more frequent droughts and floods. According to the World Bank, over 3.4 million Nigeriens are currently experiencing acute food insecurity.

Long-term, the LAMP project aims to bolster food and nutrition security for 5 million Nigeriens and improve climate resilience for 3 million.