Fifth Cycle of Benefit-sharing Fund: International Treaty on Plant Genetic Resources for Food and Agriculture
What: Fifth Cycle of Benefit-sharing Fund: International Treaty on Plant Genetic Resources for Food and Agriculture
Grantor: Food & Agriculture Organization of the United Nations
Deadline: July 29, 2022
Description: BSF project funds are available to consortia of farmers, researchers and others that will be working on innovations to enhance plant diversity management in farmers’ fields and local value chains, in the next four years. The eligibility criteria have been established by the Governing Body of the International Treaty, and include governmental and non-governmental organizations, including farmers’ organizations, genebanks and research institutions, as well as regional and international organizations that are based in developing countries that are Contracting Parties to the International Treaty.
On the occasion of Biodiversity Day, the International Treaty has just issued a new call for project proposals to be supported by the Benefit-sharing Fund. The fifth round of the Benefit-sharing Fund (BSF) will disburse over USD 7 million to projects that benefit small-scale farmers in developing countries, especially those most vulnerable to climate change and food insecurity, and dependent on plant genetic resources to ensure their livelihoods.
“We join the International Biodiversity Day’s commitment to ‘Building a shared future for all life,’ said Kent Nnadozie, Secretary of the International Treaty on Plant Genetic Resources for Food and Agriculture. “The International Treaty takes care of an essential element of life now and for the future – seeds and all plant genetic resources upon which we all rely for our sustenance, nutrition and well-being. We are pleased to launch the Call for Proposals under the fifth cycle of the Benefit-sharing Fund on this day and reiterate our commitment to save, share and take care of the seeds and plants that feed us all,”Secretary Nnadozie said.
The Benefit-sharing Fund (BSF), which is under the direct control of the International Treaty’s Governing Body, is the operational mechanism to use and share benefits arising from the Multilateral System. It supports projects that leverage plant genetic resources to find solutions for complex challenges relating to food and nutrition insecurity, biodiversity loss and climate change.