For Rabobank, food loss and waste is a very important issue. As a Food&Agri Bank, our clients come across this issue in many different ways. Rabobank works together with important networks like the Champions 12.3 coalition, the World Resources Institute, the Food and Agriculture Organisation of the UN and Wageningen University and Research, using their knowledge on the food loss and waste measurement framework and methodology. Rabobank can leverage its existing client base, raising awareness and offering suitable products, services and new concepts and innovations resulting in solid long-term relationships. For Rabobank, finance is an enabler for the transition to a sustainable food system.
Two examples of such financial solutions:
- The Blended Finance Facility India Covid Response Fund for Agriculture Transition. The goal of this fund is to lower the waste environment for farmer organizations, agri-tech companies and SMEs, with clean energy and food loss management solutions, through technical assistance and capacity building.
- The SDG 12.3 loan for corporates, with a dedicated annual Key Performance Indicator on SDG 12.3. This is a new financial proposition specifically for reducing food losses and food waste, based on a Sustainable Linked Loan, that rewards positive accomplishments.
Name of organisation : Rabobank
Contact email: martin.reesink@rabobank.com
Further information: https://www.rabobank.com/en/about-rabobank/in-society/sustainability/rabobank-and-un-food-systems-summit/index.html
Date of publication: 2021-09-29