Impacts of microcredit access on climate change adaptation strategies adoption and rice yield in Kwara State, Nigeria

Bakare, Adejoke Yewande; Ogunleye, Ayodeji Sunday; Kehinde, Ayodeji Damilola

doi:10.1016/j.wds.2023.100047

Cited by 8 publications

(2 citation statements)

References 129 publications

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“…This finding implies that increase use of soil fertilizer, increase use of herbicides, and planting early maturing varieties were the topmost coping strategies used by cowpea farmers to adapt to effects of weather and climate variability in the study area. The coping strategies found in this study confirmed the adaptation and mitigation practices reportedly common among crop farmers in North-central Nigeria (Bakare, Ogunleye & Kehinde, 2023;Jug et al, 2018). ranked seventh position as the least constraints facing the cowpea based farmers on the choice of coping strategies to use for weather and climate variability effects on cowpea farm.…”

Section: Resultssupporting

confidence: 72%

Coping Strategies on Climate Variability Among Cowpea Farmers in Kwara State, Nigeria

Olatinwo,

Komolafe,

Asifat

2024

Trop Subtrop Agroecosyst

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Background. The unstable climatic conditions can no longer be predicted by farmers. The unpredictability intensity of temperature and pattern of rainfall in cowpea production has affected the farmers’ decision on production practices and general productivity. Therefore, farmers are beginning to improvise on management practices to avert the effects of climate change to remain relevant and profitable in the business of cowpea production. Objective. To examine the farmers’ coping strategies used against the effects of climate variability for cowpea production in Kwara State, Nigeria. Methodology. A multistage sampling technique was used to select 120 cowpea-based farmers. A structured survey questionnaire was used to collect primary data. Data were analysed with frequency, percentage, mean, and standard deviation while Pearson Product Moment Correlation was used to ascertain the relationship between socioeconomic characteristics and copying strategies used by farmers. Results. Majority (79.2%) of the respondents experienced high adverse effects of climate variability including abnormal rise in temperature (76.7%), irregular/unpredictable rainfall patterns (51.7%), and excessive rainfall (37.5%) on cowpea crop. The leading coping strategies used by farmers were use of fertilizer (x̄=2.73), herbicides (x̄=2.72), and planting early maturing variety (x̄=2.51). Farmers were mainly hindered by adequate irrigation facilities (x̄=1.72), inadequate access to extension services (x̄=1.66), and high cost of agrochemicals (x̄=1.60). Result education, cowpea farm size, years of experience in cowpea farming, membership in farmers group, and additional sources of information on cowpea production showed a positive significant relationship with the choice of coping strategies employed by cowpea farmers against the effects of climate change experienced at p<0.05 level. Implication. The study showed that abnormal rise in temperature and irregular rainfall patterns are affecting cowpea production and thus, some socioeconomic attributes significantly supported farmers’ choice of coping strategies employed against the effects of climate change and variability. Conclusion. The use of agrochemicals and cultivation of early maturing variety has played critical roles in coping with adverse effects of climate variability in cowpea production.

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Section: Resultssupporting

confidence: 72%

Coping Strategies on Climate Variability Among Cowpea Farmers in Kwara State, Nigeria

Olatinwo,

Komolafe,

Asifat

2024

Trop Subtrop Agroecosyst

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“…On the other hand, equity financing provides opportunities for investors to invest in the agriculture sector. Blended finance (Apampa et al 2021;Bakare, Ogunleye, and Kehinde 2023), the third form of private financing aims to facilitate the transition to a sustainable food system. This approach involves commercial banks and other institutions that offer financial services but do not have a banking license, requiring a multistakeholder partnership between financial security and the food agriculture industry (Mapanje et al 2023).…”

Section: Role Of Innovative Financing-sustainable Food Security Systemmentioning

confidence: 99%

Transforming ASEAN: Strategies for Achieving Inclusive and Sustainable Growth

2024

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he year 2023 has again been a momentous year for Indonesia. Indonesia reaffirmed its significance in the global community this year by assuming the Association of Southeast Asian Nations (ASEAN) Chair, after its successful Presidency of the Group of Twenty (G20) in 2022. Highlighting the region as an "epicenter of growth," Indonesia supported work to promote sustainable growth and development in the region while securing food security, managing energy transition, and strengthening cross-border connectivity and regional cooperation.These priorities are particularly critical as ASEAN continues to face many challenges 3 years after the global pandemic. Following the region's 5.6% growth in 2022, growth is now expected to slow to 4.6% this year and 4.8% next year. This is slightly below ASEAN's long-term average growth, with the region facing many global headwinds, as described by Adam Tooze as a "polycrisis." Inflation has jumped due to supply chain disruptions resulting from the pandemic and policy responses to the pandemic, as well as higher food and fuel prices resulting from the Russian invasion of Ukraine. Geopolitical tensions have risen, financial volatility has increased-and climate change looms ever larger.To surmount the "polycrisis," the global community will need to adopt well-calibrated and wellharmonized policies. Under Indonesia's 2022 chairmanship, the G20 Summit in Bali made several commitments toward this end: staying agile and flexible in macroeconomic policy, protecting macroeconomic and financial stability, promoting food and energy security, unlocking further investments to help developing countries achieve the Sustainable Development Goals (SDGs), and recommitting to accelerate the achievement of the SDGs.Thus, this book is extremely useful as it examines some of these critical themes, focusing on ASEAN's low-carbon transition, the food security agenda, and the role of the G20 and ASEAN to in supporting ASEAN in the global economy. This publication is practical as it distills both regional and countrylevel knowledge and experience, facilitates the sharing of lessons and best practices, and helps policy makers design better policies, solutions, and recommendations for the region.Going forward, medium-term risks and uncertainties remain but the prospects are also encouraging. It is my hope that this book will help policy makers prepare effective strategies to build on recent economic gains, transform the growth prospects, and help build a more inclusive and sustainable growth path for ASEAN. As we actively engage with stakeholders across Indonesia to identify areas where knowledge and partnerships can foster progress, this publication will also inform the Asian Development Bank's operations and strategy in Indonesia.I thank the Asian Development Bank Institute and all stakeholders and contributors who helped make this publication possible.

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Does microcredit have any impact on profit efficiency? Evidence from smallholder poultry farmers in Nigeria

Ogunleye,

Kehinde,

Ogundeji

et al. 2024

Environ Dev Sustain

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Impacts of microcredit access on climate change adaptation strategies adoption and rice yield in Kwara State, Nigeria

Cited by 8 publications

References 129 publications

Coping Strategies on Climate Variability Among Cowpea Farmers in Kwara State, Nigeria

Coping Strategies on Climate Variability Among Cowpea Farmers in Kwara State, Nigeria

Transforming ASEAN: Strategies for Achieving Inclusive and Sustainable Growth

Does microcredit have any impact on profit efficiency? Evidence from smallholder poultry farmers in Nigeria

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