Catalysing Climate Finance for Low-Carbon Agriculture Enterprises

Rural households in low- and middle-income countries (LMICs) working in the agriculture sector feed much of the world, bear little responsibility for driving climate change, and are being disproportionately impacted by climate-related shocks. Climate finance represents a critical opportunity to bring investment and innovations to agricultural settings to improve resilience and drive new and more inclusive low-carbon development plans. New research from the CASEE programme – commissioned by Shell Foundation, co-funded with UK aid from the UK government and conducted by Duke University and RMI – examines this disconnect in the context of small agriculture enterprises using renewable power to improve productivity and resilience of rural communities in India and sub-Saharan Africa. The report gauges the potential contribution to climate adaptation and mitigation of these value chains and to identify finance vehicles and policy reforms needed to scale interventions in those value chains.