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Alliances for Coconut Industry Development in the Caribbean - Phase II

  • Global demand for coconut products is on the rise. There is an estimated 25% of projected growth in sales for coconut water alone in the next 5 years. The Caribbean region has tremendous potential to become a competitive actor on the global market. However, the Caribbean coconut industry lacks capacity to capitalize on this opportunity due to ageing plantations, vulnerability to pests and diseases, and lack of incentives to invest in the sector.

    The International Trade Centre’s Alliances for Action, the Caribbean Agricultural Research and Development Institute (CARDI) and partners have been working since 2015 to facilitate alliances among actors at every step of the coconut value chain. Revival of the industry will increase food availability and incomes of small-scale farmers through improved competitiveness of the coconut sector.

    Phase I of the Development of the Coconut Industry for the Caribbean project has catalyzed investment and ramped up productive and commercial capacity amongst beneficiaries. It has improved value capture and productive and governance capacities.

    Phase II aims to replicate the successful partnerships model across the Caribbean region and scale up impact through the Alliances for Action model by adopting an inclusive and participatory approach.

    This initiative is part of a CARIFORUM / OACPS programme financed by the European Union.

    Objectives

    1. Foster partnerships to expand the Alliances for Action partner network;
    2. Improve capacity of farmers, processors, business owners and support

    institutions in the coconut sector;

    1. Increase momentum of investment mobilization in Phase I.

    Methodology

    Alliances for Action’s 5-pillar approach engages smallholder farmers and MSMEs to manage risk and facilitate networks that provide technical expertise, build capacity, and target catalytic investment to address systemic challenges.

    • Coconut tree plantation will be combined with other crops and value-added products that can provide a stable income stream.
    • Alignment of policies to support farmer led organizations and A4A collaborates in the expansion of coconut production and commercialization.
    • Reducing risk by collaborating with financing institutions, policymakers and buyers on related measures.
    • Building capacity of smallholder farmers and MSMEs on financial literacy, financial management and introduction to key investors and financing schemes available.

    Countries

    Antigua and Barbuda, Barbados, Belize, Dominica, Dominican Republic, Grenada (Phase II), Guyana, Jamaica, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago

    Project time-frame

    Phase I: 2015 – 2018

    Phase II: August 2019 – July 2023

    Expected Results

    • Reinforced producer groups and support services to improve coconut producer and enterprises performance
    • Improved market linkages and facilitation of public and private sector stakeholder networks to coordinate implementation of market and sector development plans
    • Long term collaboration between value chain operators and guiding Caribbean support services to assist with commercially driven value chain development
    • Strong and inclusive value chains providing tangible outputs with improved community incomes
    • Improving adaptation and mitigation capabilities with resilience to climate events
  • Donors

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  • Brochure

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