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The potato is a vital crop for human consumption and plays a key role to achieve global food security. According to the Bank’s website, the seed-based potato production chain is less vulnerable to diseases and pests as well as transport and storage related damages than the traditional tuber-based cultivation system.
The operation will finance the promoter's research, development and innovation (RDI) activities as well as commercialisation of the new hybrid True Potato Seed (HTPS) varieties. These new diploid potato seeds, as an alternative to the traditional use of tubers for propagation, offer improved traits such as enhanced disease and drought resistance.
The EIB loan will support and accelerate the promoter's RDI efforts, aimed at generating significant positive externalities in environmental sustainability and enhancing the resilience of agricultural land management.
If successful, the project has the potential to greatly improve the economics of potato production by minimising crop losses throughout all stages of cultivation, while also significantly reducing the need for chemical plant protection applications.
According to the Environmental and Social Data Sheet, the RDI activities will be carried out within existing RDI facilities, mainly greenhouses in a controlled environment and located in the Netherlands. They do not imply the construction of new, nor the modification of the existing RDI facilities.
Based on the environment, climate and social (ECS) information and based on the review of the likely significant ECS risks and impacts and the mitigation measures and management systems in place, the project is deemed to have low residual ECS risks and impacts.
| Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
|---|---|---|---|---|---|---|
| - | - | - | - | FLORERE BV | Client | - |
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