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)
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.
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.
- Capacity building for institutional stakeholders and beneficiaries’ organizations ($6 million)
- Project management ($17 million)