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IFC Sustainability

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The Biodiversity and Agricultural Commodities Program

 

The expansion of agriculture is the leading cause of habitat destruction and a major threat to global biodiversity. The Biodiversity and Agricultural Commodities Program (BACP) seeks to reduce these threats by leveraging market forces at all levels of the value chain. This will help to mainstream the use of Better Management Practices (BMPs) that decrease the impact of production on biodiversity. BACP works in partnership with major players in three commodity markets who are willing to adopt more sustainable practices.

 

"We became involved in this project to become entrepreneurs," Sofyan B and his wife, sustainable oil palm smallholder farmers."The commodities concerned are palm oil, soy, and cocoa, which cover approximately 40 million hectares in the BACP target countries (2010 FAO estimate). BACP works in Brazil, Indonesia, Malaysia, Papua New Guinea, Ghana, Liberia, Cameroon, Gabon and Côte d'Ivoire, which are major producers and exporters of these commodities. Projects in other countries will be welcome as the program unfolds.


BACP works towards its objectives through the operation of a grant-making facility. BACP grant projects fall under one or more BACP components, and are currently at varying stages, with some grants having ended, others only just beginning, and a third group in progress.

 

Requests for Applications - Currently Closed

 

RFAs for work in all three commodities: palm oil, soy, and cocoa, are currently closed. If you wish to discuss an unsolicited proposal, please contact BACPPMU@chemonics.com.

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