The World Bank Board of Directors will discuss the Ecuador Sustainable Family Farming Modernization Project on Tuesday, July 14. The project involves a total of $128 million, of which $80 million will be provided by the World Bank.
The project development objective is to enhance incomes of small and medium sized farm households by supporting more productive and climate-smart use for land and water.
This is to be achieved through the following components:
- Investments for climate-smart sub-projects ($100 million)
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Productive Investments: (i) individual and/or collective small water storages (ponds); (ii) on-farm investments for modernization of irrigation techniques (drip, sprinkler or modern gravity) and; (iii) complementary works aiming at improving off-farm irrigation and drainage networks.
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Improvement of Agricultural Practices, Water and Soil Management that will finance small investments linked to the productive investments, and will support the implementation of climate smart agriculture activities.
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- Capacity building for institutional stakeholders and beneficiaries’ organizations ($6 million)
- Project management ($17 million)
You will find more information about this project on the project website, where you can also find the Project Information Document.