Sustainable Rice Market Insights
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Washington, DC: World Bank
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Rice is increasingly significant in
the World Bank Group’s (WBG) Climate Change Action Plan
(2021–2025), focusing on climate-smart rice-farming systems
and value chains. At COP28 in 2023, the World Bank launched
the Global Methane Reduction Platform for Development (CH4D
platform) to help low- and middle-income countries achieve
the "methane triple wins" of reducing emissions,
enhancing resilience, and empowering livelihoods. The
International Finance Corporation (IFC) collaborates with
private sector clients in Southeast and South Asia to
promote sustainable rice cultivation, helping smallholders
adopt low-carbon, water-efficient methods. Additionally, the
IFC has contributed to the Sustainable Rice Platform (SRP),
which sets standards for sustainable rice. This report
provides context on sustainable rice to guide potential
investment opportunities and advisory services for companies
in the rice supply chain, benchmarking the SRP Standards
System against the IFC Performance Standards, exploring
trade finance opportunities, and proposing milestones for
sustainability-linked finance.
Palabras clave
ZERO HUNGER, SDG 2, CLEAN WATER AND SANITATION, SDG 6