IFC Investment to Support a Resilient Dairy Market in Brazil, Reducing Food Insecurity
Summary
The goal will be to support farmers increase their productivity, incorporating good international industry practices, which would also lead to lower greenhouse-gas (GHG) intensity per liter of milk. GFSP is a $6 billion financing facility to strengthen the private sectors ability to respond to crisis and help support food production. "IFCs investment will allow Alvoar to increase the volume of dairy products in an underserved region of Brazil and boost the impact in the Brazilian milk supply chain. We further plan to ramp up the supply of nutritious products, reducing the prevalence of protein and micronutrient deficiency among the underserved consumer households in the country," said Bruno Gir\xe3o, Alvoars CEO. About IFCIFC a member of the World Bank Group is the largest global development institution focused on the private sector in emerging markets.