Conservation | November 26, 2019

Financing climate-smart rice

Dennis Price
ImpactAlpha Editor

Dennis Price

ImpactAlpha, Nov. 26 – Production of the staple commodity that feeds 3.5 billion people needs a radical overhaul to reduce emissions and build resiliency to climate change.

A ‘rice bond’ could help rice processors, traders and retailers provide farmers with capital to transition to sustainable agriculture, improve resiliency and boost yields. The proposed financing mechanisms is part of Financing Sustainable Rice for a Secure Future from Earth Security Group.

“The challenge of putting rice on a sustainable footing is undoubtedly large, but the price of inaction is significantly larger,” writes Alejandro Litovsky. Rice, he says, offers investors a chance to “address poverty and put food systems on a sustainable and resilient track.”