Food Securities Fund

The Food Securities Fund, managed by Clarmondial, provides working capital loans to agricultural aggregators in developing markets to promote sustainable land management and climate mitigation. The fund utilizes risk blending, including a USD 37.5 million USAID credit guarantee and USD 15 million from the Global Environment Facility, to attract institutional investors from Europe and the US. In March 2021, the fund began operations with an investment in East African coffee production supporting nearly 4,000 smallholder farmers using regenerative practices.

• The Food Securities Fund uses a risk-blending mechanism to attract private institutional investors, incorporating a USD 37.5 million credit guarantee from the US International Development Finance Corporation (DFC), subsidized by USAID, and USD 15 million from the Global Environment Facility via Conservation International.
• The fund targets agricultural SMEs in emerging and developing markets, with an initial geographic focus on Sub Saharan Africa and a goal of supporting transitions to sustainable agriculture, including climate mitigation and sustainable land management.
• Operations commenced in March 2021 with an initial investment in East African coffee production, benefiting nearly 4,000 smallholder farmers who employ organic, regenerative, and agroforestry systems.

APA

Climate Policy Initiative (2021). Food Securities Fund. https://www.climatepolicyinitiative.org/gca-africa-adaptation-finance/case_studies/food-securities-fund-2/

Chicago

Climate Policy Initiative. Food Securities Fund. 2021. https://www.climatepolicyinitiative.org/gca-africa-adaptation-finance/case_studies/food-securities-fund-2/.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=Food Securities Fund |date=16 September 2021 |url=https://www.climatepolicyinitiative.org/gca-africa-adaptation-finance/case_studies/food-securities-fund-2/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiative2021food, author = {{Climate Policy Initiative}}, title = {{Food Securities Fund}}, institution = {Climate Policy Initiative}, year = {2021}, month = sep, url = {https://www.climatepolicyinitiative.org/gca-africa-adaptation-finance/case_studies/food-securities-fund-2/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }