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General overview

Stage of development: Early stage

Policy sectors: Employment and private sector development / Environment and climate change

Type of instrument: Impact Bond

Delivery locations: Kenya

Country classification: Lower-middle-income

Intervention

Social or environmental challenge

Agriculture, the largest employer and mainstay of the Kenyan economy, is faced with numerous challenges: destruction of ecosystems through reduction of forest/ tree/vegetation cover dwindling to 5% and heading towards 10% (for wood fuel, timber, poles); non-equitable access to and control of productive resources driven by cultural gender biases; a larger population of women, vulnerable people and youth with inadequate skills, knowledge and information on agroecological climate positive approaches; limited participation of youth in agricultural innovations, research, technology development and utilization; inadequate access to financial services; unfavorable policies to support youth in agri-preneurship; and low levels of value addition on farm produce.

Description of the intervention

Ripple Effect (formerly, Send a Cow) proposes to develop an Agroecological Innovation and Business Hub (Eco-Hub) that will operate as a social enterprise with a comprehensive incubation facility for agroecological innovations that will serve women, vulnerable people & youth agribusiness startups and small and medium enterprises (SMEs). It aims at accelerating incomes through agroecological climate positive approaches (ACPA) among rural farming communities in Western Kenya, where it will be based. ACPA, a tested approach at Ripple Effect in collaboration with research institutions in the region, is an alternative approach to agriculture production that not only leads to improved yields, but also contributes to improvement and regeneration of the farming ecosystem, enhances biodiversity, and promotes climate change mitigation. It is also a means to lowering and sequestrating greenhouse gasses. Hence, scaling up of the ACPA model through the establishment of the Eco-hub, we aim to create decent economic opportunities especially for the youth and women, accelerate agroecological solutions to combat climate change and its impacts. The proposed outcome-based funding vehicle (OBF) provides an opportunity to pilot an Eco-Hub that will provide value for investment through increased yields, low costs of production, better market prices, and opening of regional market linkages.

Location

Country:

  • Kenya

Locality:

  • Kenya

Last data update

Data for this pipeline project was last updated in August 2023

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