The holistic agriculture risk management project is a three-year pilot initiative
The United Nations World Food Programme (WFP) and the global agribusiness company Cargill have jointly launched the Holistic Agriculture Risk Management Project, a three-year pilot initiative in Songyuan, Jilin province of China.
Cargill contributes $1 million to WFP to reduce and mitigate the risks that corn farmers face and help them achieve food security while enhancing resilience at the community level. The project aims to increase the resilience of corn farmers in the project area against shocks through the application of an innovative financial risk transfer approach of ’insurance + futures’ and promoting sustainable agriculture practice to corn cultivating.
In addition, this project will regularly provide training for local corn farmers every year on agriculture risk management to improve farmers’ livelihood and promote holistic agricultural risk management in the corn industry.
“WFP is grateful for the generous support from Cargill,” said Sixi Qu, WFP China Representative. “We have a shared vision to promote a sustainable food system by helping reduce risk and vulnerability to shocks and achieving sustainable food security. Assisting corn farmers with risk management skills and sustainable practice is an important aspect of our partnership. This contribution enables us to increase farmers’ productivity and income and make the food system more resilient through working together with both the government and private sectors.”
