December 19, 2024 - 04:11
The Regenerative Agriculture Finance Program (RAF) has officially expanded in its second year, building on its initial success since its launch in January 2022. This innovative initiative was developed through a collaboration between Farmers Business Network and the Environmental Defense Fund. In its pilot year, the program supported 48 farmers who primarily focused on corn, wheat, and soybean production. These farmers benefited from access to lower interest rates on operating loans, which enabled them to adopt more sustainable farming practices.
As the program continues to grow, it aims to attract a broader range of farmers interested in regenerative agriculture. The RAF program not only helps farmers improve their financial stability but also encourages environmentally friendly practices that can lead to healthier soils, increased biodiversity, and reduced greenhouse gas emissions. The expansion of the program signifies a commitment to fostering sustainable agriculture and supporting farmers in their transition towards more regenerative methods.
