AgResults Donor Visit to Thai...
AgResults Donor Visit to Thai Binh Underscores Local Support and Long-term Impact...
The AgResults Vietnam Greenhouse Gas Emissions Reduction Pilot (AVERP) uses prize money to identify novel approaches that reduce greenhouse gas emissions, increase rice yields and help overcome market barriers to scaling. AVERP is a four-year, US$8 million, results based financing project, implemented under the multi-donor AgResults initiative. The project is implemented in Thai Binh province in the Red River Delta, from 2016 until 2021. SNV is responsible for implementating AVERP in a neutral, facilitative and coordinating manner.
AVERP focuses exclusively on solutions that aim to reduce emissions during land preparation and cultivation of rice as most emissions occur during these stages. The project targets smallholder farmers, input providers, aggregators, universities and research institutions, government officials, cooperatives, non-governmental organizations, and development agencies who have the potential to have significant impact on greenhouse gas emissions. Results in terms of yield increases and emission reductions are verified idenpendently and transparantly by Applied Geo-Solutions, co-monitored by SNV and the Thai Binh Provincial Department of Agriculture and Rural Development.
AVERP is conducted in two phases. Participating organisations will be paid based on their achieved results in both phase I and II.
Based on phase I results, four competitors have been selected to move on to phase II:
During Phase II, competitors are demonstrating and expanding use of their technologies at scale in approximately 50 communes and 76 villages in Thai Binh province.
Reach 75,000 farm households in Thai Binh province
Avoid 375,000 tonnes of CO2 emissions
cost savings of 15% for smallholder farmers due to lower input use