A new Sh25.9 billion climate fund, the Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM), has been launched to support farmers and rural businesses in East Africa facing climate change impacts.

• Sh25.9 billion in climate finance will be available for climate-resilient investments.
• The fund is a partnership between the International Fund for Agricultural Development (IFAD) and Equity Group.
• The 12-year program targets approximately 260,000 smallholder farmers and 500 rural businesses, with a focus on women and youth.