Bangladesh is losing 1.75 percent of its arable land each year—faster than its population growth of 1.5 percent. This means that by 2025, its poorly performing agricultural sector must feed 19 million more people with considerably less land.
It is just one of many countries that must manage its agricultural resources more sustainably. Already roughly a billion people worldwide do not have enough to eat. Without further action, the adverse impact of climate change on agricultural output will only worsen the situation.
To address the issue, IFC is actively promoting climate-resilient agricultural practices, working with both the private and public sectors to build greater efficiencies in the use of resources.