Better Cotton Growth and Innovation Fund Reaches 1 Million Farmers

Announcements Wednesday, November 7th, 2018

 
The Better Cotton Growth and Innovation Fund (Better Cotton GIF), managed in partnership with the Sustainable Trade Initiative (IDH),  makes strategic investments into Better Cotton projects to support the Better Cotton Initiative (BCI) in reaching its 2020 targets.

In the 2017-18 cotton season, the Better Cotton GIF invested €9.4 million in more sustainable cotton farming practices in China, India, Mozambique, Pakistan, Senegal, Tajikistan and Turkey – reaching and training over one million cotton farmers*.

The Better Cotton GIF Annual Report provides insight into the Funds activities to reach this milestone, with stories from BCI’s Implementing Partners and BCI Farmers in the seven cotton-producing countries.

Access the report here.

What is the Better Cotton Growth and Innovation Fund?

The Better Cotton Growth and Innovation Fund (Better Cotton GIF) was launched in 2016, by the Better Cotton Initiative (BCI) and the Sustainable Trade Initiative (IDH). The Better Cotton GIF is governed by the BCI Council, in partnership with BCI Retailer and Brand Members, Civil Society Members and government bodies. IDH is the official fund manager, as well as an important funder. In the 2017-18 cotton season, the Better Cotton GIF directly invested €6.4 million in field-level programmes and mobilised an additional €3 million in co-funding from partners, resulting in a total portfolio value of €9.4 million.

*While the Better Cotton Growth and Innovation Fund reached over one million farmers in the 2017-2018 season, the Better Cotton Initiative is forecast to reach and train a total of 1.7 million cotton farmers in the season. The final figures will be released in BCI’s 2018 Annual Report.