In 2022, Farmers Business Network (FBN), in collaboration with Environmental Defense Fund and Gradable, launched the Regenerative Agriculture Financing (RAF) Operating Line program. Results from the three-year program demonstrate the value of rewarding farmers for implementing sustainable practices that build resilience and support farmers’ financial health.
Designed to recognize the long-term value of sustainable farming practices, the program provided a 0.5% interest rate rebate to grain farmers for meeting soil health and nitrogen management standards developed by EDF.
Farmer interest in and enrollment in the RAF program was strong from the start, with the program’s 2022 launch becoming FBN’s fastest-selling financial product. The $25 million pilot fund expanded to $64 million by the program’s third year.
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