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IFC: A sister organization of the World Bank and member of the World Bank
Group, IFC is the largest global development institution focused on the
private sector in emerging markets. IFC works with more than 2,000 businesses worldwide, using capital, expertise, and influence to create markets
and opportunities in the toughest areas of the world.
Netafim: Netafim is the global leader in precision irrigation for a sustainable
future. With 29 subsidiaries, 17 manufacturing plants, and 4,500 employees worldwide, Netafim delivers innovative, tailor-made solutions to millions of farmers, from smallholders to large-scale agricultural producers,
in over 110 countries.
Swiss Re: Swiss Re Corporate Solutions provides risk transfer solutions to
large- and mid-sized corporations around the world. Its innovative, highly
customized products and standard insurance covers help to make businesses more resilient, while its industry-leading claims service provides
additional peace of mind. The Food and Agriculture Business team provides a comprehensive array of innovative risk transfer solutions, like crop
shortfall covers, weather index, and revenue hedges, to clients along the
agricultural supply chain. It also serves farmers directly through corporate
agribusinesses and other distribution partners.
By bringing together a group of partners with distinct specialties and skillsets, the BLF alliance provides a comprehensive approach that covers planting seeds, precision irrigation, crop protection, finance, and insurance – all
tailored to the specific local and cultural needs of those who farm less than
two hectares of land.
Starting in 2016, initial Better Life Farming pilots were launched in areas
with high potential for increased productivity in India and Southeast Asia (the
Philippines, Thailand, Vietnam, and Indonesia).
India
In Uttar Pradesh, India, the pilot focused on the green chili crop as it is an
important cash crop that can provide a consistent income. The project started
with 20 farmers in 2016, and since then the BLF alliance has collaborated
with more than 1500 smallholder farmers across various villages in the region.
In addition, another pilot focusing on smallholder tomato growers was initiated in 2017.
Farmers in India who have joined the program have had tremendous growth,
experiencing up to double their previous yields and tripling their incomes.
The Philippines
In the Philippines, the pilot focuses on rice and has sought areas where
smallholder rice farmers significantly contributed to the local economy and
there was a significant yield improvement potential. The Philippines project
started with 40 farmers and 69 hectares of land. From July 2017 to November
2017, that grew to 300 farmers.
(continued)
(continued)
7 Innovation and the Quest to Feed the World
IFC: A sister organization of the World Bank and member of the World Bank
Group, IFC is the largest global development institution focused on the
private sector in emerging markets. IFC works with more than 2,000 businesses worldwide, using capital, expertise, and influence to create markets
and opportunities in the toughest areas of the world.
Netafim: Netafim is the global leader in precision irrigation for a sustainable
future. With 29 subsidiaries, 17 manufacturing plants, and 4,500 employees worldwide, Netafim delivers innovative, tailor-made solutions to millions of farmers, from smallholders to large-scale agricultural producers,
in over 110 countries.
Swiss Re: Swiss Re Corporate Solutions provides risk transfer solutions to
large- and mid-sized corporations around the world. Its innovative, highly
customized products and standard insurance covers help to make businesses more resilient, while its industry-leading claims service provides
additional peace of mind. The Food and Agriculture Business team provides a comprehensive array of innovative risk transfer solutions, like crop
shortfall covers, weather index, and revenue hedges, to clients along the
agricultural supply chain. It also serves farmers directly through corporate
agribusinesses and other distribution partners.
By bringing together a group of partners with distinct specialties and skillsets, the BLF alliance provides a comprehensive approach that covers planting seeds, precision irrigation, crop protection, finance, and insurance – all
tailored to the specific local and cultural needs of those who farm less than
two hectares of land.
Starting in 2016, initial Better Life Farming pilots were launched in areas
with high potential for increased productivity in India and Southeast Asia (the
Philippines, Thailand, Vietnam, and Indonesia).
India
In Uttar Pradesh, India, the pilot focused on the green chili crop as it is an
important cash crop that can provide a consistent income. The project started
with 20 farmers in 2016, and since then the BLF alliance has collaborated
with more than 1500 smallholder farmers across various villages in the region.
In addition, another pilot focusing on smallholder tomato growers was initiated in 2017.
Farmers in India who have joined the program have had tremendous growth,
experiencing up to double their previous yields and tripling their incomes.
The Philippines
In the Philippines, the pilot focuses on rice and has sought areas where
smallholder rice farmers significantly contributed to the local economy and
there was a significant yield improvement potential. The Philippines project
started with 40 farmers and 69 hectares of land. From July 2017 to November
2017, that grew to 300 farmers.
(continued)
(continued)
7 Innovation and the Quest to Feed the World