Enabling Private Sector Climate-Smart Agriculture and Forestry Investment in Southeast Asia: Sustainable Rice Platform (SRP)
After many years of partnering with the U.S. Department of Energy's (DOE's) national laboratories on various energy sector studies and programs, the United States Agency for International Development's (USAID's) mission in India realized an opportunity to coalesce these initiatives into an interlaboratory consortium.
The U.S. Government’s Feed the Future program is making climate change a central objective of their strategy. Global food security is under stress from increasingly intense and frequent heat waves, droughts, heavy rains, and major storms, according to the new report by the United Nations Intergovernmental Panel on Climate Change, which issues a dire warning of the risks posed with every incremental increase in global warming. Using Climate Smart Agriculture (CSA), Feed the Future helps farmers adapt to climate variations, mitigate greenhouse gas (GHG) emissions, and build resilience to climate shocks.
To address these challenges, USAID partnered with the Sustainable Ocean Fund (SOF), to make pioneering impact investments into marine and coastal projects and enterprises. The $132 million Fund invests in projects across Latin America and the Caribbean, Africa, and Asia and the Pacific that aim to build resilience in coastal ecosystems and create sustainable economic growth and livelihoods in the blue economy.