Kampala Serena Hotel, 19 th July 2022 – Agriculture Business Initiative
Agriculture Business Initiative has announced the roll-out of the Green Challenge Fund which focuses on supporting:
SMEs and farmers to increase their resilience to climate change and climate variability; climate mitigation actions to reduce or limit Green House Gas emissions; stronger local environment, including soils, ecosystems and bio-diversity.
While launching the Fund, aBi CEO, Mona Muguma-Ssebuliba, said, “aBi is pleased to launch the Green Challenge Fund worth UGX 7.5 billion.
With this fund aBi will support partnerships through green agribusiness investments for Climate Change Adaptation, Mitigation and Biodiversity Conservation to further contribute to economic growth, job creation and improved incomes.”In his remarks, Mr. Felix Okoboi, Chair of the aBi Board noted that, “The drastic change in our weather patterns and climate is a clear signal that no one should sit back and wait for the government or development partners to do something about the adverse impact of climate change. The challenge to reduce the impact of climate change as we seek to positively impact our communities through agriculture starts with us and is now in high gear.”
By Editorial
