Bi Project Policy Area: Agriculture

Organisation: The University of British Columbia

Challenge Many people in developing nations have limited access to formal savings mechanisms, impeding their ability to save money and invest in agricultural inputs like tools and fertilizer that might help improve their crops. Among the many structural reasons for low savings rates (inaccessible banks, high transaction costs, distrust of financial institutions, lack of financial literacy), psychological barriers such as impatience or lack of self-control may also play a role. Additionally,…

Institution: World Bank

Organisation: Privy Council Office

Organisation: Department for Environment, Food & Rural Affairs (DEFRA)

Organisation: Department of Agriculture & Water Resources (DAWE)