Regional : Climate-Resilient Farmer Group Development to Support COVID-19 Recovery for Smallholder Coffee and Cotton Farmers
The proposed transaction technical assistance (TA) grant is designed to complement the ensuing loan of up to $100 million loan to Louis Dreyfus Company B.V. (LDC), for the Louis Dreyfus COVID-19 Climate Resilient Smallholder Farmer Recovery Project (Regional). The loan will support LDC's working capital needs for the sustainable procurement of coffee, cotton, and rice from 60,000 smallholder farmers affected by coronavirus disease (COVID-19) across five countries in Asia, thus preserving farmer livelihoods and climate resilience.
Project Details
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Project Officer
Lemoine, Martin
Private Sector Operations Department
Request for information -
Country/Economy
Regional -
Sector
- Agriculture, natural resources and rural development
| Project Name | Climate-Resilient Farmer Group Development to Support COVID-19 Recovery for Smallholder Coffee and Cotton Farmers | ||||||||
| Project Number | 53298-002 | ||||||||
| Borrower / Company | |||||||||
| Country / Economy | Regional India Indonesia |
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| Location | India - Nation-wide; Indonesia - Nation-wide | ||||||||
| Type or Modality of Assistance |
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| Operational Priorities | OP1: Addressing remaining poverty and reducing inequalities OP2: Accelerating progress in gender equality OP5: Promoting rural development and food security OP7: Fostering regional cooperation and integration |
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| Strategic Agendas | Inclusive economic growth Regional integration |
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| Drivers of Change | Partnerships Private sector development |
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| Sector / Subsector | Agriculture, natural resources and rural development / Agro-industry, marketing, and trade |
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| Gender Equity and Mainstreaming | Effective gender mainstreaming | ||||||||
| Responsible ADB Department | Private Sector Operations Department | ||||||||
| Responsible ADB Division | Office of the Director General, PSOD | ||||||||
| Responsible ADB Officer | Lemoine, Martin | ||||||||
| Project Sponsor(s) | |||||||||
| Objectives and Scope | The proposed transaction technical assistance (TA) grant is designed to complement the ensuing loan of up to $100 million loan to Louis Dreyfus Company B.V. (LDC), for the Louis Dreyfus COVID-19 Climate Resilient Smallholder Farmer Recovery Project (Regional). The loan will support LDC's working capital needs for the sustainable procurement of coffee, cotton, and rice from 60,000 smallholder farmers affected by coronavirus disease (COVID-19) across five countries in Asia, thus preserving farmer livelihoods and climate resilience. | ||||||||
| Linkage to Country/Regional Strategy | |||||||||
| Safeguard Categories | |
|---|---|
| Environment | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| Timetable for assistance design, processing and implementation | |
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| Concept Clearance | - |
| Credit Committee Meeting | - |
| Approval | - |
| Last PDS Update | 27 Dec 2021 |
TA 6898-REG
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 13 Dec 2021 | - | 13 Dec 2021 | 31 Dec 2023 | - | - |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 205,000.00 | 385,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 590,000.00 | 17 Mar 2023 | 0.00 |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
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| Title | Document Type | Document Date |
|---|---|---|
| Climate-Resilient Farmer Group Development to Support COVID-19 Recovery for Smallholder Coffee and Cotton Farmer: Technical Assistance Report | Technical Assistance Reports | Nov 2021 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
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