📋 Tender Overview
Country/Region:Costa Rica/Latin America & Caribbean
Sector:Food Security
Grant Amount:USD 10,000,000
Implementing Entity:Fundecooperacin for Sustainable Development
Executing Entity:Ministry of Agriculture, National Institute for Innovation and Transfer of Agricultural Technology (INTA), National Meteorological Institute, University of Costa Rica, Technological Institute of Costa Rica, National Technical University, CONARE, ALIARSE, Business Alliance for Development, National Seed Office , National Chamber of Milk Producers, CORFOGA, Puriscal Producers Cooperative, Cantonal Agricultural Center, ACEPESA, FUCOGA, Raising Corals, Federated College of Engineers and Architects, Corcovado Foundation, Costa Rican Association of Soil Sciences,
Approval Date:07/28/2022
Duration:6 years
Status:Proposal Approved
Costa Rica is one of the most vulnerable countries to climate change impacts, and more particularly to extreme hydro-meteorological events due to a combination of geographical location and economic factors. Impacts of climatic events are experienced inversely on both coasts: in other words, while droughts take place on the Pacific slope, floods are suffered on the Caribbean slope. Climate change impacts have created challenges for the agricultural and fisheries sectors – and will continue to do so.
Previous national adaptation experiences in the agricultural and fisheries sectors have shown the need to adapt the food systems rather than only focusing on its long-term transformation. The Adapta2+ experience has shown that the slow shift from traditional agricultural food value chains and agricultural practices to sustainable food production and consumption patterns will occur and will last by engaging governments, farmers, agro-industry, retailers and consumers. The program highlights the importance of enabling conditions for farmers and fishers of the private sector to increase local resilience to ensure the long-term impacts of the adaptation strategies. The need to reinforce local markets based on value chains for farmers, fishers and MSMEs, especially led by women, have been identified to upscale its results. Joining farmers, fishers, businesses along the value chain, community-based organizations, and local and national governments to work together would allow strengthening local markets.
Hence, escalating the existing finance options and creating new ones for the private sector would support the transformation of the agriculture sector and MSMEs. To do so, training and supporting finance institutions is key to show the profitability of financing adaptation. Building capacities in finance institutions also ensures the long-term impact and continuity of the program and its benefits.
For its implementation, the program is based on the six planning regions of Costa Rica, defined by the Ministry of Planning and Economic Policy (MIDEPLAN), and their corresponding counties. The project aims to benefit 4,000 producers (farmers and fish
