Everyone benefits when climate risk is reduced, and sustainability achieved
The project is hosted at the Brevan Howard Centre for Financial Analysis of the Finance Department of Imperial College Business School. Agriculture Resilient, Inclusive, and Sustainable Enterprise (ARISE) project is designed to enable the convergence of the state-of-the-art of different scientific fields to produce readily usable metrics to support decision making and unlock incentives to increase farm-level investments for all value chain stakeholders, and in particular for farmers, to adopt Climate Smart Agriculture through adoption of sustainable agricultural practices, access to technologies and climate-resilient water management infrastructure. These incentives are created through the introduction in agricultural supply chains of new contracting mechanisms that will enable to monetize and distribute the added-value, from farmer and across value chain partners.
The outputs of the project will provide decision-making metrics that will facilitate the creation and distribute added-value by: 1) introducing systemic change in relationships between farmers and crop buyers through implementation in agricultural supply chains of new contractual relationships; 2) empowering farmers as well as public and private decision makers through access to simple and transparent metrics; 3) enabling the provision of added-value ex-ante through appropriate management of risk; 4) creating added-value to farmers and value chains by supporting traceability and generating trust across the supply chain.
The four partners of the project will provide expertise covering climate science, meteorology, hydrology, remote sensing, image recognition, crop modelling, finance and economics.