Private sector investment in a changing climate: Resilient rice value chain development in Uganda
The PSI-Climate initiative explored how domestic private sector investment decisions can enable climate risk management by different actors along the rice value chain in Uganda. Led by the International Institute for Sustainable Development (IISD), the project was implemented in partnership with the Economic Policy Research Center and the Ministry of Finance, Planning and Economic Development during the period 2014–2016. Case study research was conducted in collaboration with a domestic seed company, Equator Seeds Ltd in Northern Uganda, and the Centenary Bank Ltd., a commercial bank in Eastern Uganda. This first briefing note (PDF) presents the results of case study research on financial services and climate risk management along agricultural value chains, focusing on the Centenary Bank’s services to rice value chain actors in Eastern Uganda. It discusses the need for climate risk management (CRM) along agricultural value chains, the role of financial services in enabling CRM by value chain actors, and practical options for financial service providers to realize their potential in this area. It also provides recommended areas of action for researchers and practitioners to move forward on financial services for CRM. This second brief focuses on investments by domestic seed companies in quality seeds, including climate-resilient varieties, in developing countries and the climate risk management benefits for other actors along the value chain. It is designed for researchers and practitioners working on agricultural value chains, food security and climate resilience in developing countries. This third brief proposes a framework of core functions for climate risk management (CRM) along agricultural value chains, and highlights the role of service providers in supporting CRM efforts. This video highlights the role of private sector investments in climate resilient rice value chains in Uganda. It focuses on the experiences of Equator Seeds Limited and Centenary Bank in the Eastern and Northern regions of Uganda.