Cargill Inc.

08/28/2024 | Press release | Distributed by Public on 08/29/2024 00:58

CocoGrow Project Launch: Revitalizing Sarangani's Coconut Industry for Sustainable Future

CocoGrow Project Launch: Revitalizing Sarangani's Coconut Industry for Sustainable Future

Sarangani Province, Philippines - August 27, 2024 - The CocoGrow Project, a groundbreaking initiative by Cargill and ASSIST supported by the Philippine Coconut Authority, officially launched on August 22, 2024, at Barangay Bagacay, Alabel, Sarangani Province. This project aims to rejuvenate Sarangani's coconut industry by planting 75,000 coconut seedlings across three key municipalities: Alabel, Malapatan, and Malungon.

(Farmer leader of Poblacion Small Coconut Farmers Organization participated in the tree planting during CocoGrow Project Launch in Alabel, Sarangani Province).

(CocoGrow Project Launch at Alabel in Sarangani Province with Cargill, PCA, and farmers)

Focused on revitalizing coconut production, the project will introduce faster-growing, high-yield coconut varieties to replace aging, low-yield trees, and those damaged by recent natural calamities. Spanning 535 hectares of coconut farms, this initiative will directly benefit 500 smallholder farmers, with 50% of them being women.

In addition to replanting, the project promotes sustainable agricultural practices designed to boost local economies and increase farmer incomes. Given the coconut's critical role in the Philippines-contributing approximately 3.6% to the country's gross value-added (GVA) and solidifying its position as a leading global producer (PSA 2019, Lapina and Andal 2017)-this project offers both immediate and long-term benefits. The CocoGrow Project will not only secure the future of Sarangani's coconut industry but also support the economic resilience and sustainability of its communities.

Central to the project's success are seven dedicated farmers' cooperatives and associations, identified as key stakeholders. These groups will actively engage in capacity-building workshops to enhance their skills in critical areas such as improving consolidation processes, strategic and business planning, financial management, and cooperative governance. These efforts are aimed at strengthening the cooperatives' business acumen and governance, including policy formulation and access to credit facilities.

Jonathan Sumpaico, Cargill's Copra and Palm Origination Commercial Director, stated, "We are honored to partner with ASSIST in strengthening Sarangani's coconut industry. This project reflects Cargill's unwavering commitment to building resilient agricultural communities and helping farmers thrive where we operate. Through this partnership, we aim to improve the livelihoods of Sarangani's coconut farmers in a safe, responsible, and sustainable manner, while also meeting the growing demand for sustainable coconut oil."

Francis Macatulad, ASSIST Executive Director, added, "We are taking a significant step towards revitalizing our cherished coconut industry. The launch of this project is more than just planting seedlings; it's about fostering hope, creating opportunities, and building a sustainable future for our communities. Through our partnership with Cargill, and with the invaluable support of the Philippine Coconut Authority, we are committed to nurturing the coconut industry while empowering farmers to harvest more opportunities, ultimately transforming the economic landscape of Sarangani Province."

Emily Lorion, Philippine Coconut Authority Region XII General Manager, expressed support, "Launching the CocoGrow Project is a great initiative. It will help enhance coconut tree cultivation in Sarangani Province, support farmers and stakeholders, and boost our economy by helping in strengthening the crucial coconut industry in the Philippines, particularly in Sarangani. We support Cargill, ASSIST and the CocoGrow project. Our office in the Philippine Coconut Authority, which has a mandate to continue to improve and develop our industry, will always be here to extend assistance through planting, fertilization, and other intercropping for our farmers. The same goes for our trainings so that they can earn more and their livelihoods can progress further".

Supporters and stakeholders are encouraged to join this project in securing the future of the Philippine coconut industry and uplifting local communities. By backing sustainable agriculture and replanting initiatives, stakeholders can help farmers increase their incomes, strengthen the economy, and preserve the Philippines' status as a global leader in coconut production. Together, we are planting the seeds of positive change and fostering a thriving future for the coconut industry and generations to come.

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About Cargill

Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living.

Our 160,000 team members innovate with purpose, providing customers with life's essentials so businesses can grow, communities prosper, and consumers live well. With 159 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing-today and for generations to come. For more information, visit Cargill.com and our News Center.

About Asia Society for Social Improvement and Sustainable Transformation (ASSIST)

Asia Society for Social Improvement and Sustainable Transformation (ASSIST), a development organization with 20 years of experience in innovative capacity building, continues to be committed to partnering with corporations to co-create projects with measurable, scalable, and sustainable impact for the Filipino People. Assist has had over 350 projects across 25 countries to address different thematic areas from Food Security and Agriculture to Sustainable Economy and Living. For more information, visit www.assistasia.org