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iFarmer, Winrock to work on financial inclusion for climate-vulnerable farmers

May 12, 2024 00:00:00


iFarmer Limited and Winrock International signed an agreement at the iFarmer's headquarters recently.

iFarmer Limited and Winrock International signed an agreement at the iFarmer's headquarters recently.

Both the parties expressed commitment to working closely on a range of initiatives through the B-PEMS AugroJatra Climate Change Project, funded by the US Department of State, says a press release.

The partnership will encompass both agriculture and aquaculture by ensuring that farmers benefit from information on climate-smart farming practices, agri-inputs and tailored financial assistance.

The agreement was signed by Fahad Ifaz, CEO of iFarmer Limited, and Nasir Chowdhury, Project Director, B-PEMS AugroJatra Climate Change Project, Winrock International.

Winrock International's B-PEMS AugroJatra Climate Change Project intends to generate evidence on the intersection between climate change and human trafficking to assist farming and fishing households in becoming more climate resilient from 11 districts.

The project also seeks to work with the government to incorporate the findings into policies and frameworks. The collaboration with iFarmer aims to leverage climate-resilient agriculture and aquaculture in 5 climate-vulnerable districts both from southern and northern Bangladesh.

Farmers will have access to all the necessary services through the multiple iFarmer Centers, which will be established in all the project locations. This alliance will result in formal financial inclusion among the climate-vulnerable farmer communities and enhance their resilience against uncertain climatic conditions.


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