This innovative model links corporations with farmers to improve water security in Latin America

The document describes a climate technology model by Kilimo that incentivizes farmers in Latin America to adopt data-driven irrigation tools. By connecting farmers with corporations committed to becoming 'water positive' by 2030, the model provides economic compensation for water savings. In the Maipo Basin of Chile, this approach has increased technology adoption and engagement, saving 72 billion litres of water in 2022.

• Agriculture is a primary target for water security efforts because it uses roughly 80% of freshwater in developing countries, yet only 12% of farmers currently use data tools to manage irrigation, despite potential efficiency gains of 20%.
• Kilimo has implemented a model in Latin America that economically compensates farmers for using technology to save water, funded by private companies aiming to meet 'water-positive' commitments by 2030.
• In the Maipo Basin of Santiago, Chile, the compensation model led to higher technology engagement compared to the O'Higgins region, where farmers in the compensation project showed 10% greater engagement.
• In 2022, Kilimo's AI and big data recommendations saved 72 billion litres of water, a volume equivalent to two months of water consumption for the population of Santiago de Chile.
• While economic incentives accelerate the adoption of technology for optimizing water, energy, and fertilisers, the document notes that technical assistance and customised support are also essential for success.

APA

Ramos, A. (2023). This innovative model links corporations with farmers to improve water security in Latin America. World Economic Forum. https://www.weforum.org/stories/food-water-air/this-climate-compensation-model-links-corporations-with-farmers-to-improve-water-security-in-latin-america/

Chicago

Ramos, Andrea. This innovative model links corporations with farmers to improve water security in Latin America. World Economic Forum, 2023. https://www.weforum.org/stories/food-water-air/this-climate-compensation-model-links-corporations-with-farmers-to-improve-water-security-in-latin-america/.

Wikipedia

{{cite report |last1=Ramos |first1=Andrea |title=This innovative model links corporations with farmers to improve water security in Latin America |publisher=World Economic Forum |date=18 April 2023 |url=https://www.weforum.org/stories/food-water-air/this-climate-compensation-model-links-corporations-with-farmers-to-improve-water-security-in-latin-america/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{ramos2023this, author = {Ramos, Andrea}, title = {{This innovative model links corporations with farmers to improve water security in Latin America}}, institution = {World Economic Forum}, year = {2023}, month = apr, url = {https://www.weforum.org/stories/food-water-air/this-climate-compensation-model-links-corporations-with-farmers-to-improve-water-security-in-latin-america/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }