Sustainable Rice Market Insights : A Preliminary Survey - Introduction to the Market and Financing Opportunities (English)

Table of Contents

• Table of Contents 3
• Acronyms 4
• Food security livelihoods and climate impact 5
• Executive Summary 5
• RICE 3.5 billion 1.5 billion 144 million 5
• Opportunities for supplier finance for the rice sector 6
• Market for sustainable rice 6
• 46280 200000 6
• 30 111 6
• 1 0.04 6
• Box 1 Benchmarking of the SRP Standard 7
• Recommendations for supporting further market development 7
• 1. Introduction 8
• 1.1 IFC context 8
• 1.2 Global importance of rice 8
• 1.3 Global production and trade 9
• Figure 2 Global Milled Rice Exports 10
• 1.4 Rice varieties 11
• Box 2 IRRI Rice Varieties 12
• 1.5 Rice cultivation 12
• 132000 12
• Figure 3 Number of Crop Seasons 13
• Figure 4 Timing of Crop Seasons 14
• 2.1 Overview 15
• 2. Rice Supply Chain 15
• 2.2 Physical transformation 16
• Figure 7 Export Rice Supply Chain 16
• 2.3 Subsistence milling 16
• 2.4 Commercial paddy sourcing 16
• Table 1 Paddy-Sourcing Models 17
• 2.5 Commercial rice mills 18
• 2.6 Trading and transport 19
• 3.1 Greenhouse gas emissions 20
• 3.2 Water use 20
• 3. Key Impacts of Rice Cultivation 20
• 3.3 Human and labor rights 21
• 3.4 Contamination residues and food safety 21
• 4.1 History and evolution 22
• 4. The Sustainable Rice Platform 22
• 4.2 Structure and scope 23
• 4.3 Overview of the SRP market 24
• Figure 9 SRP Verified Logo for On-Pack Use 25
• Figure 10 Rice with On-Pack Labels 26
• Table 2 Other Standards Systems That Operate in the Rice Sector 29
• 4.4 Current challenges and opportunities 31
• 5.1 Rice investment experience to date 32
• 5.2 Opportunities for supplier finance 34
• Figure 11 Payment Terms in the Rice Sector 35
• Rice cultivation has significant global impacts but the potential for influencing the market through trade is limited. 37
• GTSF offers a channel for providing supplier finance but the level of demand for such services requires clarification. 37
• 6. Conclusion 37
• Further strategic analysis is needed to identify additional ways to support the Sustainable Rice Platform. 38
• The Sustainable Rice Platform should seek new ways to create value for members and to scale SRP-verified rice 39
• Annex 1. IFC Advisory Rice Projects 41
• Annex 2. SRP Supply Chain Membership List 42
• Annex 3. Interview List 44
• Annex 4. Descriptions of Sustainable Rice Practices 45
• References 47