Financial Access (FACS) and The Alliance of Bioversity International – CIAT are working together to advance financial inclusion for smallholder farmers in Africa

Financial Access (FACS).; Bioversity International and International Center for Tropical Agriculture. (2023) Financial Access (FACS) and The Alliance of Bioversity International – CIAT are working together to advance financial inclusion for smallholder farmers in Africa. [Blog post] Financial Access. Published online 24 January 2023. URL: https://www.facsglobal.com/financial-access-facs-and-the-alliance-of-bioversity-international-ciat-are-working-together-to-advance-financial-inclusion-for-smallholder-farmers-in-africa/

Inclusion for smallholder farmers is a key element in inclusive growth. It allows for them to make longer-term investments, consumption decisions, participate in productive activities, and adapt to unexpected climate shocks through the role which financial instruments can play in risk reduction and transfer.

Financial Access (FACS) and The Alliance of Bioversity International – CIAT are working to advance this cause in Africa. Together they will undertake several projects that have the objective of supporting the capacity building and development of climate-smart lending for smallholder farmers, as a form of providing risk transfer against the impacts of climate change.