Louis Van Ravesteyn, Standard Bank Group head of agriculture, said farmers are already adapting to the realities of climate change, but wider adoption of climate-smart solutions requires access to appropriate funding.
Standard Bank Group has mobilised R3.45 billion in financing for climate-smart agriculture over the past year, strengthening support for sustainable food production, climate resilience and inclusive economic growth across South Africa's agricultural sector.
The investment comes at a time when farmers are facing growing challenges from climate change, including increasingly unpredictable weather patterns, water scarcity and rising input costs.
These pressures are driving the need for innovative farming practices and financing solutions that can improve long-term sustainability and profitability.
Louis Van Ravesteyn, Standard Bank Group head of agriculture, said farmers are already adapting to the realities of climate change, but wider adoption of climate-smart solutions requires access to appropriate funding.
