Farmer's Business Network, Inc. reposted this
📢 The results are in! In its second year, the Regenerative Agriculture Finance Program (RAF) — launched by Farmer's Business Network, Inc. and Gradable® in collaboration with Environmental Defense Fund — continued to grow and reward farmers for implementing regenerative agriculture practices. In 2023, the program expanded to provide 84 loans totaling $41 million. Enrollment increased by nearly 70%, and the farmers who successfully met the soil health and nitrogen management standards received interest rate rebates. The RAF also opened new opportunities for farmers to stack funding through the Field to Market: The Alliance for Sustainable Agriculture Climate-Smart Agriculture Innovative Finance Initiative. As we begin reviewing this year’s RAF outcomes, which also saw increased enrollment, the program is gearing up for even greater impact in 2025 with expanded opportunities and financial products designed to support farmers’ sustainability goals. 💡 Learn more about the RAF program and its 2023 results here: https://www.edf.org/Z6at Thanks to all those who have collaborated with us on this initiative, including Kurt Alles, Steele Lorenz, Henry Wells, Lainey (Wolf) Stenberg, Simone Schenkel, Alison J. Eagle and many more.