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Farmers reduce climate risks in impoverished region of Brazil

May 22, 2014

The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group, has approved a US$ 1,293,559 grant aimed at building climate change resilience among small farmers and agricultural cooperatives. The project will be executed in the Bacia do Jacuípe, located in the Brazilian Sertao, one of Brazil’s poorest regions; directly benefiting six thousand people. 

The region of Sertão has suffered with special severity the negative impacts of climate change, facing a 30% decrease in precipitation, a persistent increase in temperature, and drought. As a result, the livelihood and incomes of local communities are at risk, particularly due to the preexisting condition of poverty which has made the decline in productivity an almost impossible challenge to overcome. 

This project aims to improve the reliability of small farmers’ supply to distribution channels by enhancing their adaptative capacity in the face of climate variability. Farmers and agricultural cooperatives will receive and be trained in climate resilient technologies for irrigation, storage and processing. This package called “MAIS 2” will be monitored by an Advisory Committee responsible for evaluating it efficacy. 
Likewise, the project will train agricultural cooperatives to manage adaptation loans, as well as work with credit cooperatives to develop financial methodologies aimed at facilitating on-lending to local farmers, in the form of the pilot fund AGRADAPT. 

This initiative is the first from the MIF’s PROADAPT facility, created in partnership with the Nordic Development Fund, to support innovative business models in building climate change resilience for MSMEs in Latin America and the Caribbean. 

About the MIF

The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group, is funded by 39 donors and supports private sector-led development benefitting low-income populations and the poor - their businesses, their farms, and their households. The aim is to give them the tools to boost their incomes: access to markets and the skills to compete in those markets, access to finance, and access to basic services, including green technology. A core MIF mission is to act as a development laboratory - experimenting, pioneering, and taking risks in order to build and support successful micro and SME business models. More information at www.fomin.org

About Rede de Desenvolvimiento Humano

Rede de Desenvolvimiento Humano (REDEH) was founded in 1990 with a mission to strengthen the concepts and practices that promote gender equity, race and ethnicity in public policies, specifically in the areas of health, education, culture and environment. To fulfill this mission, REDEH works in four programs - sustainable development; education; health; research and documentation - through training activities, research, production of teaching materials and networking. It operates at the municipal, state and federal levels.

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