Climate Action Platform Africa (CAP-A)
See attached concept note.
I spoke with Carlijn Nouwen (carlijn.nouwen@cap-a.org) and Mikalaya (mikayla.czajkowski@sunculture.com) on July 5.
Interesting initiative and one that may be quite relevant for Kenya and Ethiopia work.
High level idea is to bundle a bunch of climate smart interventions and then make them available for low-upfront cost to farmers through subsidies that are based on the expected ecosystem benefits from that bundle
Bundle 1 = solar irrigation (from SunCulture), biodigester (Sistema Bio) and soil carbon monitor (from Cropnuts). The bundle is ~$1500 and the contributing partners will make it available for $500; Cap-A will cover this cost as well and make it basically free for farmers
The idea is for CAP-A to deal with the complexity of carbon offsets revenue (not farmers); farmers just get the benefit of the bundle at no up-front costs (which is the major barrier to adoption)
There is some notion of “price discovery” on carbon offset pricing which will make the viable model but its honestly a bit confusing at the moment
Want to deploy 500 bundles as part of a pilot
I explained DG’s data collection approach (wallet, consent, etc.) may be relevant for the initiative and it seemed to be of interest
The project is aligned with Regen10 which was announced at COP26 and seems relevant for DG; funding platform definitely aligned with their talking points
The initiative, with farmers at its heart, will work with over 500 million farmers to apply regenerative production methods and transform agricultural systems, as well as ensure roughly USD $60 billion per year is deployed to finance the transition. By 2030, it is hoped that over 50% of the world’s food can be produced in a way that drives positive outcomes for people, for nature, and for climate.