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Farms Wide Open – Innovative and Climate Resilient Farming in The Bahamas
The project aims to provide a special combination of innovation and expertise to simultaneously solve and address the fragility and inequalities of the local food system and transform it into more sustainable, inclusive, and resilient to climate change. The project will produce a series of world-class, robotics-enabled, climate resilient & solar powered hydroponic container farms (stationed in poor and vulnerable communities) that will produce fresh fruits, vegetables, and organic leafy greens. This technology has been tried, tested, and proven under the umbrella of Eeden Farms and has produced thousands of pounds of fresh leafy greens which is currently being sold to the wider population.

Project Detail

Country

Bahamas

Project Number

BH-T1101

Approval Date

December 1, 2022

Project Status

Implementation

Project Type

Technical Cooperation

Sector

AGRICULTURE AND RURAL DEVELOPMENT

Subsector

AGRICULTURAL RESEARCH AND INNOVATION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 800,000.00

Country Counterpart Financing

USD 400,000.00

Original Amount Approved

USD 400,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-19738-BH Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-19738-BH
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000070-496787765-14
Monitoring and Evaluation Plan (during Execution)
ATNME-19738-BH PSR09965-12312023.pdf
Mar. 15, 2024
English
https://www.iadb.org/document.cfm?id=EZSHARE-1928188361-5
Donors Memorandum
BH-T1101 Donors memorandum.pdf
Dec. 07, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1928188361-6
Donors Memorandum
BH-T1101 Memorando a los donantes.pdf
Dec. 07, 2022
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1928188361-3
Profile
IDEATE 2022-10-20 Public Summary 1173 BH-T1101.pdf
Oct. 28, 2022
English

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