An IFC advisory partnership has helped Indian farmers adopt climate-smart agricultural practices. © Bradford Roberts / IFC
IFC INVESTS IN AGRIBUSINESS COMPANIES TO SUPPORT ENVIRONMENTAL & SOCIAL SUSTAINABILITY BY HELPING THE SECTOR REDUCE ITS FOOTPRINT.
As developing country populations grow and incomes rise, food demand will continue to rise disproportionately. Meeting this increased demand with available resources of land and water requires a focus on sustainable production and resource efficiency.
Agribusiness companies increasingly recognize that the sector needs to make sustainable use of land, water, and other key natural resources, while increasing supply to meet market demand. The sector also faces social challenges, including the need to raise labor standards.
IFC seeks commercially viable solutions and helps companies set benchmarks for responsible production in line with industry best practices.
In areas such as sequestering carbon, managing watersheds, preserving biodiversity, and producing renewable energy resources, IFC’s efforts can also help generate new income through environmental services. IFC is also working with clients to strengthen their supply chains by helping small farmers increase productivity and apply appropriate environmental, social, and quality standards.
EXAMPLES OF WHAT WE DO:
TURNING WATER WASTE PROBLEM INTO ITS OWN SOLUTION
IFC partnered with UNEP to provide olive oil farmers and SMEs in the West Bank with modernized practices to minimize the potential environmental impacts of the olive oil industry.
ADDRESSING WATER SECURITY IN INDIAN AGRICULTURE
Even in fast-growing China, many small-scale farmers still use unsophisticated fertilizing methods, thus limiting their crop yields and sales incomes. By financing a local fertilizer company’s expansion, IFC is improving prospects for millions of growers.
MAKING BANGLADESH’S AGRICULTURAL SECTOR MORE SUSTAINABLE
IFC is working with leading seed companies in Bangladesh to promote more sustainable farming practices, such as the production, distribution, and adoption of stress-tolerant seeds.
ENERGY EFFICIENCY FOR AFRICAN FRUIT EXPORTER
IFC has partnered with the Karsten Group since 2006, providing both advisory and investment services to increase energy efficiency, reduce operating costs, and boost productivity.