GCF Approves $120 Million Grant for the AROMA Sustainable Coffee Project
Conservation International and the Green Climate Fund (GCF) have announced the approval of a Project Preparation Facility (PPF) grant to support the GCF program Alternative Response Options for Mitigation and Adaptation in Coffee Farms (AROMA). With an estimated total value of $120 million, the AROMA Sustainable Coffee Project will be implemented over seven years to drive structural changes in the coffee sector.
In response to climate change’s severe impact on coffee production, AROMA aims to:
– Collaborate with and support smallholder coffee farmers in Mexico, Guatemala, Honduras, and Uganda to adapt to changing climate conditions.
– Reduce carbon emissions and deforestation by improving farming practices.
– Promote agroforestry systems and diverse coffee varieties to enhance climate resilience, ensuring a stable supply of high-quality coffee for the global market.
– Strengthen collaboration between governments, organizations, and the coffee industry to secure long-term sustainability.
Raina Lang, Senior Director of Sustainable Coffee at Conservation International, emphasized: “It is essential to connect public and private finance to help coffee farmers thrive sustainably while minimizing the industry’s environmental impact.”
AROMA will also leverage the Sustainable Coffee Challenge, a global coalition of over 120 partners committed to making coffee the world’s first fully sustainable agricultural product. By driving place-based investments for governments and industry partners, AROMA will serve as one of many innovative mechanisms to achieve the Challenge’s goal of transforming coffee for the benefit of people and the planet.
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