Tempe, AZ, Fayetteville, AR – May 18, 2022 (Investorideas.com Newswire) Today, The Sustainability Consortium (TSC), announced the launch of a new initiative – the Resilient Agriculture Accelerator Fund (RAAF) – to strategically scale voluntary regenerative conservation agriculture on farms in the U.S. The RAAF seeks to:
provide technical and other assistance to ranchers
reduce financial barriers for producers
support more resilient supply chains in the future
address the effects of climate change.
The fund, established by TSC, is managed in cooperation with the National Fish and Wildlife Foundation (NFWF). Nutrien Ag Solutions, Syngenta, the Zoetis Foundation, and others have jointly pledged or contributed $1 million dollars to help create and improve resilient and regenerative supply chains to help increase food security, enhance agricultural conservation, and support thriving farm communities. This million-dollar pledge will be matched at a minimum of 1:1 scale with federal, state and other private funding to directly support growers and producers, creating at least $2 million in total funding.
The RAAF will leverage federal, state, and private foundation funds to amplify investments and help scale up resilient agriculture. Funding will be prioritized for the following farm needs:
Technical assistance such as agronomic advice, digitizing farm data, and conservation practice implementation
Financial assistance such as co-funding for on-farm conservation practices that sequester carbon, improve wildlife habitats, and/or protect water resource
The fund also seeks to mitigate some of the up-front costs that are necessary to implement regenerative practices for dairy and row-crop farmers. In addition, the RAAF provides the opportunity to help create long-term returns for recipients who may choose to participate in emerging carbon and nutrient markets. The initiative is led by TSC CEO, Dr. Christy Slay.
Dr. Slay states, “TSC is excited to launch this opportunity to improve farmer livelihoods and climate resilience by protecting soil, water, and wildlife. Cost is the biggest barrier for a farmer when considering practice changes and farm data digitization. Our goal is to create new opportunities to scale U.S. farmers’ efforts to adopt more resilient and regenerative practices.”
TSC and NFWF created a new partnership in 2021 to engage corporations to help scale up the support available to farmers who want to implement sustainable practices. Both organizations will build on existing partnerships with farmers, ranchers, TSC members, and other agricultural and conservation organizations. Together, they will work with grant recipients to apply science-based metrics aimed at improving such things as water quality and quantity, carbon, soil health, as well as productivity and profitability.
“This new collaboration between TSC and NFWF will bring vital financial and technical resources to farmers and farming communities as they work to adopt cost-effective conservation practices,” said Jeff Trandahl, Executive Director and CEO of NFWF. “Public-private partnerships are the key to helping agricultural producers voluntarily improve their operations while also enhancing natural resources.”
Nutrien Ag Solutions, Syngenta, the Zoetis Foundation, and others have committed funds to support dairy and row crop farmers as they transition to support more resilient agriculture practices. In addition, companies and foundations investing in the program will be able to share sourcing regions and priorities and use the impacts from the fund to track progress against sustainability goals.
“Building on our purpose to nurture the world and humankind by advancing care for animals, we are committed to supporting livestock farmers as they achieve their sustainability goals,” said Jeannette Ferran Astorga, Executive Vice President, Communications, Corporate Affairs and Sustainability at Zoetis and President of the Zoetis Foundation. “Through our grant to the Resilient Agriculture Accelerator Fund, the Zoetis Foundation will help farmers develop more sustainable businesses through tools to drive economic viability, thrive in increasingly dynamic marketplaces, and help protect family legacies.”
“We’re excited about the future of regenerative agriculture and are proud to join this initiative,” said Steven Wall, Development Manager of Sustainable and Responsible Business for Syngenta in North America. “Helping to ensure growers have the tools, and in this instance the technical and financial resources, to adopt and use climate smart, regenerative growing practices fits perfectly with our culture and goals.”
“Each grower who chooses to implement regenerative practices on their farm is on a very personal and unique sustainability journey,” said David Elser, Senior Vice President, North America Retail, for Nutrien Ag Solutions. “Sustainability for many of these growers means recognizing a leading role in feeding a growing world and working the land responsibly so that their children, and their grandchildren, can continue the legacy that past generations began. We are honored to have the opportunity to support the RAAF recipients.”
TSC translates the best sustainability science into business tools that are used all over the world to create more sustainable consumer products. Their full impact report is available here.
The Sustainability Consortium (TSC) is a global non-profit organization transforming the consumer goods industry to deliver more sustainable consumer products. We work to enable a world where people can lead fulfilled lives in a way that decouples their impacts on people and the planet. Our members and partners include manufacturers, retailers, suppliers, service providers, NGOs, civil society organizations, governmental agencies and academics. TSC convenes our diverse stakeholders to work collaboratively to build science-based decision tools and solutions that address sustainability issues that are materially important throughout a product’s supply chain and lifecycle. TSC also offers a portfolio of services to help drive effective improvement and implementation. Formed in 2009, TSC is jointly administered by Arizona State University and the University of Arkansas and has a European office at Wageningen University and Research in the Netherlands. For more information visit www.sustainabilityconsortium.org.
About the National Fish and Wildlife Foundation
Chartered by Congress in 1984, the National Fish and Wildlife Foundation (NFWF) protects and restores the nation’s fish, wildlife, plants and habitats. Working with federal, corporate and individual partners, NFWF has funded more than 6,000 organizations and generated a conservation impact of $7.4 billion. Learn more at www.nfwf.org.
About Nutrien Ag Solutions
Nutrien Ag Solutions is the retail division of Nutrien Ltd. It combines global innovation with local expertise to provide full-acre solutions through a network of trusted crop consultants at retail locations worldwide. Nutrien Ag Solutions strives to help growers achieve the highest yields with the most sustainable solutions possible, offering a wide selection of products, including our proprietary brands: Dyna-Gro(R) Seed, Loveland Products, Inc.(R) and Proven(R) Seed. Learn more at NutrienAgSolutions.com
About the Zoetis Foundation
The Zoetis Foundation supports communities and the people who care for animals, with a specific focus on advancing opportunities for veterinarians and farmers around the world. The Foundation’s grantmaking and strategic efforts help provide access to education and mental wellness resources, expand veterinary debt relief, support diversity and inclusion efforts, and enable thriving livelihoods by funding programs that help veterinary practices and livestock farmers adopt sustainable business practices. To learn more about the Foundation, please visit: www.zoetisfoundation.org.
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