responsAbility CSAFS Fund

Purpose

This project aims to scale up gender-inclusive investment in agriculture and food systems that reduce poverty, adapt to climate change risks, and mitigate greenhouse gas (GHG) emissions through responsAbility’s Climate Smart Agriculture and Food Systems. The Fund provides long-term loans along with technical assistance for 20 to 30 agricultural small and medium enterprises (agri-SMEs) to support climate-smart interventions. These include sustainable land use in agriculture, biodiversity conservation, improved water efficiency, reduced food loss, and transition towards renewable energy in food systems. The Fund benefits stakeholders throughout agricultural value chains, from farmers to processors to distributors. It seeks to help developing countries adapt to climate change and make food systems more resilient to crises and shocks. During the 10years of the fund, this initiative expects to support 30,000 farmers (25% women) in adopting climate-smart practices. It seeks to reduce eight million tonnes of Carbon Dioxide Equivalent, which includes CO2, and other greenhouse gases (CO2e) compared to business as usual and sustainably transform 300,000 ha of land, managed with climate-smart practices.