As part of its Adaptation for Smallholder Agriculture Programme (ASAP), the International Fund for Agricultural Development (IFAD) has examined the economic justification behind five of its adaptation activities in Bangladesh, Bolivia, Kenya, Turkey and Viet Nam. This research supports IFAD's call for climate finance to prioritize investment in small-scale agriculture. It acknowledges the challenges of predicting costs and benefits associated with climate change impacts, but encourages the use of available methodologies.
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