-Director General of the Agricultural Credit Corporation (ACC), Mohammad Dojan, said the cooperation agreement signed by corporation and the World Food Programme (WFP), which was recently approved by the Council of Ministers, represents a "qualitative" step in supporting Jordan's small and large farmers to confront climate change challenges.On its goals, Dojan said this step aims to finance projects that integrate modern agricultural practices that contribute to achieving Jordan's food security and developing production chains.Dojan added that the agreement, which aims to support and develop climate-resilient agriculture with a total value of JD3.5 million, seeks to enhance resilience of Jordan's farmers by providing modern agricultural practices that take into account "sustainable" agri-development.In remarks to "Petra" Sunday, Dojan stated the agreement mainly targets water-smart and water-saving agricultural activities, as well as crops with "high' economic returns, primarily saffron cultivation and packaging projects.Under the agreement, financing for two types of projects is secured, he said individual businesses will receive loans of up to JD 10,000, while medium-sized agricultural enterprises' projects will get loans of up to JD70,000 interest-free, as the programme will pay the interest costs.These projects is set to target the governorates of Mafraq, Jerash, and Balqa, ensuring that support is directed to the areas, which are the "most vulnerable and most affected "by climate change, he pointed out.Dojan stated this cooperation would contribute to stimulating expansion of the use of smart agricultural technologies and alleviating the financial burdens on farmers, achieving resource sustainability, enhancing productivity and quality of local agricultural products, and addressing climate change consequences (ICE AMMAN)

Fonte notizia: petra news