Financing Agrochemical Reduction and Management (FARM) Programme
On 12 March, the governments of Ecuador, India, Kenya, Lao PDR, Philippines, Uruguay, and Viet Nam launched the Financing Agrochemical Reduction and Management (FARM) Programme, which aims to catalyze a framework for regulatory and financial investment to detoxify the agriculture sector. FARM is led by the UN Environment Programme, supported by the Global Environment Facility, and implemented by the Asian Development Bank, UNDP, and UNIDO with execution carried out in country by FAO and relevant country institutions. The global child project is executed by the Green Growth Knowledge Partnership (GGKP).
Join the FARM Community
FARM seeks to reduce the use of harmful pesticides and plastics in agricultural production and encourage the adoption of low and non-chemical alternatives. It pursues this through three pathways:
- Policy and enforcement
- Financing and investment
- Knowledge sharing and value chain engagement
The FARM Green Forum Group is intended to connect those interested in FARM's objectives and be a space for interaction, collaboration, and learning.
Launch of the Financing Agrochemical Reduction and Management (FARM) Programme
The agriculture sector is a major user of persistent organic pollutants (POPs) pesticides, highly hazardous pesticides (HHPs) and agricultural plastics which pose serious risks to human and environmental health. On 12 March 2024 (08:30 - 10:30 CET), the new Global Environment Facility (GEF)-funded Financing Agrochemical Reduction and Management (FARM) Programme is holding its launch in Nairobi, Kenya and online. FARM aims to catalyze a framework for regulatory and financial investment to detoxify the agriculture sector by eliminating the use of the most harmful inputs to food production systems.
The Global Environment Facility (GEF)-funded Financing Agrochemical Reduction and Management (FARM) Programme is a five-year, $37-million project, with an additional $ 342 million in co-financing. Its objective is to catalyze a framework for regulatory and financial investment to detoxify the agriculture sector by eliminating the use of the most harmful inputs to food production systems. FARM has a particular focus on leveraging finance from public resources and the financial sector, and aims to align policy, enforcement, and finance towards the environmentally sustainable management of pesticides and agricultural plastics.