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Rabobank, U.N. launch $1 billion fund to boost sustainable farming
by Chris Printice
Reuters Translate This Article
16 October 2017
On 16 October 2017 Reuters reported:
California-based Rabobank NA is launching with the United Nations $1 billion in financing for farmers to transition to more sustainable practices as food companies and consumers are demanding more supply chain transparency. 'We have to incentivize farmers to change their practices,' said Berry Marttin, a member of Rabobank's managing board. Marttin said the bank had done a project in Brazil to curb deforestation and encourage farmers to extend their crop rotations to boost soil productivity.
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