Mars launches Farmer Income Lab to help eradicate smallholder poverty

Friday, July 14, 2017

The Farmer Income Lab will commission research and generate discussion to develop measurable frameworks and new business models to significantly reduce farmer poverty.

It will be tested through Mars’ Livelihoods Fund for Family Farming scheme, which seeks to improve farming and production methods, reduce greenhouse gas (GHG) emissions, and improve the living standards of local communities in developing countries.

Mars’ chief sustainability & health and wellbeing officer Barry Parkin said: “At Mars, our ambition is that those working across our extended supply chains should earn sufficient income to maintain a decent standard of living.”

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global development, lending, poverty alleviation, smallholder farmers