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Bayer, IFC, Netafim and Swiss Re Corporate Solutions form a new alliance to unlock potential of smallholder farmers

The new alliance will develop sustainable and scalable business models with local partners to improve livelihoods and food security

WASHINGTON, D.C., April 20, 2018:
Bayer, IFC (a member of the World Bank Group), Netafim, and Swiss Re Corporate Solutions, today launched a global alliance, Better LifeFarming, to provide holistic and innovative solutions for smallholder farmers in the developing world to enable them to grow their farms into sustainable businesses.

Together with multiple partners, the alliance will offer acomprehensive approach that coversplantingseeds, precision irrigation, crop protection, finance and insurance--alltailored to the specific local and cultural needs of those who farm less than two hectares of land. About 450 million smallholders around the world are vulnerable to multiple challenges –lack of finance, adverse climate impacts, water scarcity,pests and crop diseases, rural migration, fluctuating commodity prices, and regulatory barriers –and realize only a fraction of their potential productivity. By connecting global expertise with local insights and partners, and providing advanced agronomic solutions, the alliance aims to help farmers realize their potential by farming not just to survive, but rather to thrive,as a businessfocused on sustainability.

“We need a global step-change in innovation, collaboration and creativity to help farmers across the world grow more healthy, safe and affordable food in a more sustainable way,” Liam Condon, President of Bayer's Crop Science division, said today at the formal launch in Washington. “Better Life Farming is a great example of how a collective effort and commitment to innovation, sustainability and social responsibility can contribute to a better life, not only for smallholder farmers and their families, but also for their local communities.”

An initial Better Life Farming pilot has already helped some farmers, such as Ruth Kajuju, a smallholder from Kenya. Now using enhanced farming and crop protection practices, Kajuju said she is able toafford schooling for her kids and expects to grow more crops in coming years.

“As a result of this initiative, I see myself making major progress in the next three years,” envisions Kajuju. “I am developing myself and my land. Now I am farming on two acres, but Icanforesee that I will be capable of successfullyfarming on five or more acres. And I will improve my social status and be better able to look after my family.”

Sérgio Pimenta, IFC Vice Presidentfor Middle East and Africa explains: “IFC ispursuing an ecosystem approach to supporting smallholder farmers along all aspects of the value chain. This means bringing together input suppliers, financiers and off-takers along with training for business skills and agronomic practices through a relationship that is sustainable, mutually beneficial and reinforced by a conducive business environment.”

"Through the Better Life Farming initiative, we can protect even more smallholder farmers from existential threats like droughts, hail, floods and adverseweather. By offering financial compensation for crop shortfalls and income losses, crop insurance can help farmers to rebound quickly after a natural disaster –and continue growing their farming businesses and providing for their families," addedAgostino Galvagni, Chief Executive Officer for Swiss Re Corporate Solutions.

Ran Maidan, Chief Executive Officer of Netafim said: "This alliance aims to offer solutions to our most urgent global challenges, such as the growing demand for food and scarcityof water. By using precision irrigation, and other advancedfarming practices the alliance brings, smallholderfarmers can significantly increase their yields, reduce their vulnerability toweatherchanges and ensure economic growth."

The alliance aims to help ensure more safe, nutritious and affordable food for the growing world population,advancing the United Nations Sustainable Development Goal of ‘ending hunger, achieving food security and improved nutrition, and promoting sustainable agriculture.’The efficient use of available resources, such as water, fertilizer, and energy, will empower growers to produce morehigher quality crops, generate higher incomes, and make farming attractive for future generations so that rural communities can thrive.

For more information about the alliance and its work with smallholders please visit www.betterlifefarming.com.

Media Contact

Elizabeth Price
Communications Lead
Email: eprice@ifc.org
www.ifc.org
Helene Gordon
Senior PR & MarCom Manager
Corporate Marketing
Email: helene.gordon@netafim.com
www.netafim.com