The Better Cotton Growth and Innovation Fund (GIF) — set up by BCI and IDH is well under way to meet the target of reaching 5 M farmers by 2020. The Fund invested over €8.9 million in more sustainable cotton farming in 7 major cotton producing countries: India, Pakistan, China, Mozambique, Turkey, Tajikistan and Senegal.
Cotton farmers in Mozambique remain in a cycle of poverty, exposed to increasing climate fluctuations. The Climate Resilience Program, supported by IDH and partners, provides capital and assets to farming communities to break this cycle, creating farmer resilience, while securing a stable supply of cotton for companies.
IDH is proud to announce that Andre Dellevoet former Group CEO for the Agricultural Business Initiative in Uganda is IDH its senior Africa strategist. With his extensive experience in various African countries, working with partners such as AGRA, BMGF and SNV and numerous bilateral and multilateral agencies he is a great asset to IDH
In 2016 IDH and BCI started the Growth & Innovation Fund (GIF). In 1 year the GIF invested €9 M in farmer programs of which €4.7 M private funding. This enabled participation of over 600,000 farmers across China, India, Pakistan, Mozambique, Turkey, Tajikistan and Senegal in BCI reaching a total 1,5 M famers applying sustainable practices on 3,5 M ha.
This month, IDH published the last report of the Better Cotton Fast Track Program (BCFTP). The progress on sustainable cotton doesn’t stop here though, as the BCFTP has merged into the Better Cotton Initiative (BCI) Growth and Innovation Fund (GIF) aiming for 30% of global cotton production to be sustainable by 2020. Carrying with it the legacy of an unprecedented coalition of major brands and retailers and a strategic investment portfolio of projects in major cotton producing geographies with an impressive track record of 35 M euro of investments.
9 members’ of The Council on Smallholder Agricultural Finance have applied shared social and environmental principles across their loan portfolios. This encompasses roughly $600 million to businesses providing services to 2 million smallholder farmers in Africa, Asia, and Latin America.
The BCI Growth and Innovation Fund, which project portfolio is managed by BCI, IDH and cotton sourcing companies has recieved significant financial support from the German government. At the same time the Australian Government launched a partnership with Cotton Australia and BCI to train 225,000 Pakistani cotton farmers
Despite challenges for cotton farmers across the country caused by unpredictable weather conditions BCI farmers achieved 15% higher yields and 6% less pesticides input, resulting in 16% higher profits
True Price and IDH, the Sustainable Trade Initiative, have released a series of reports on the True Price of commodities in an area of production. The investigation compares external costs between sectors, allowing for stakeholders to identify interventions that could potentially reduce external costs.
Volkert Engelsman, CEO of EOSTA @IDH_buzz workshop at MVO NYE: the current way we produce food is criminal
Mondelēz Intl. establishes new partnership to protect forests in Ghana https://t.co/bq7LtZVFrz