Farmfit is a game changing private-public initiative set to break the cycle of rural agricultural poverty. By providing data, insights and de-risking finance to banks and businesses, Farmfit enables investment in smallholder agriculture that were previously perceived too risky.
The 30M EUR Farmfit Business Support Facility is funded by the UK Department for International Development and the Bill & Melinda Gates Foundation and the 100M EUR Farmfit Fund is backed by the Dutch government and a US treasury guarantee.
Calling for a ban on palm oil will not stop deforestation. It does not help to improve livelihoods of farmers. But we can strive to improve both landscapes and livelihoods by championing more ethical production. Our latest progress report ‘Choosing Sustainable Palm Oil’ shows 74% of palm oil imported for food into Europe was RSPO certified sustainable palm oil. Highlighting there is a large gap to be filled within a short timeframe to achieve the 100% target.
Interested in the work of our global teams? Visit our country team pages.