Support of Liveability Challenge 2022 highlights CABI’s commitment to sustainability

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18 August 2022, Asia: CABI helps farmers tackle global issues like poverty, hunger, education, equality, sustainability, climate change and biodiversity by sharing knowledge and science, writes Neil Willsher, CABI’s Global Director, Value Chain & Trade.

The Liveability Challenge is an annual search for ways to tackle the most difficult sustainability challenges faced in Southeast Asia. This includes the need to create sustainable food value chains to feed a growing global population expected to double by 2050.

I was happy, on behalf of CABI, to be part of the Liveability Challenge 2022 Food & Agritechnology Shortlisting Panel which nominated towards a shortlist of five entries which went before the judges with the potential to win S$1 million (US$728,000) in funding from Temasek Foundation.

The overall winner came from the Nature Based Solutions panel was Fairventures Social Forestry – a social forestry project in Indonesia. This victory is the first time in the Challenge’s history that a nature-based solution has won the title and top prize.

The Fairventures project aims to sustainably manage forests and improve livelihoods in Jambi, Indonesia, using a scalable social forestry model that incorporates the support of a blended finance model.

Fairventures Social Forestry’s entry highlights the economic, social and environmental benefits forests have for smallholder farmers and communities who rely on forests for timber, cash crops, non-timber forest products and potentially carbon offsets.

What is particularly impressive is that by taking a holistic approach based on sustainable, economically-viable reforestation models, the project aims to improve the livelihoods of 50,000 local people. It will do this by managing 100,000 ha – protecting biodiversity , with aims to sequester and conserve approximately 300,000 t/ CO2 equivalent per year.

I congratulate the Fairventures Social Forestry project and express thanks to the Liveability Challenge for allowing CABI to be part of the selection process which chose them as overall winners.

Also Read: ICL and Lavie Bio Enter Strategic Collaboration to Develop Novel Bio-Stimulant Products

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