The Agribusiness Innovation Initiative (AII) seeks to contribute to advancing a climate-smart competitive agribusiness sector which will create more jobs and raise incomes for Ethiopians. The AII will contribute toward this objective by identifying innovative growth-oriented entrepreneurs who are pursuing business opportunities based on value addition of agricultural commodities and providing them with a holistic service offering that accelerates their growth and increases their sustainability.
Poverty, environment, social development, and gender are important cross-cutting themes of the World Bank and government investment programs, especially within the Sustainable Development Network (SDN). For developing sectoral strategies and programs, economic, environment and social assessments are undertaken, however, these are usually done separately, and most often gender issues are not included.
The Kenya agricultural carbon project is breaking new ground in designing and implementing climate finance projects in the agricultural sector. The project is regarded as an innovative example for climate-smart agriculture within and outside the World Bank. For the first time, while increasing productivity and enhancing resilience to climate change, smallholder farmers in Africa will receive payments for greenhouse gas mitigation based on sustainable agricultural land management. Quantification of carbon sequestration is monitored based on a newly developed carbon accounting methodology.
Poverty reduction is a long-standing development objective of many developing countries and their aid donors, including the World Bank. To achieve this goal, these countries and organizations have sought to improve smallholder agricultural productivity in Sub-Saharan Africa (SSA) as part of a broader rural development agenda aimed at providing a minimal basket of goods and services in rural areas to satisfy basic human needs. These goods and services include not only food, health care, and education, but also infrastructure.