ResponsAbility CSAFS Fund
$7,800,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Canada
- Fiscal year
- 2022-2023
- Agreement period
- March 23, 2023 – December 31, 2029
- Reference
- CA-3-P011044002
Published 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 Fund. The Fund’s technical assistance facility complements the loans provided to participating agribusinesses by offering tailored technical support to help investees maximize their social and environmental impact. For this Fund, responsAbility has collaborated with Consultative Group for International Agricultural Research (CGIAR) one of Global Affairs Canada’s long-time institutional partners for global agricultural research and innovation. The technical assistance links agricultural innovations with private sector investments while helping these companies achieve gender equality outcomes. 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.
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