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StanChart, Friendship to transform life of 7,000 char-based farmers


Published : 05 Mar 2023 09:28 PM | Updated : 05 Mar 2023 09:28 PM

Standard Chartered Bangladesh and Friendship have joined hands to ensure that char-based communities receive much needed farm-to-market support to increase agricultural output, rise above poverty, produce efficiently, and build resilience. 

The newly launched project will improve the economic condition of 7,000 climate-impacted farmers from across 36 chars via the provision of sustainable agricultural technologies; training opportunities to foster growth; essential technical support; and market-extension assistance to boost financial inclusion.

This end-to-end support will revolutionise agricultural activity across some of the most vulnerable communities in Bangladesh’s northern and southern regions. This initiative emphasises the essential role played by agriculture in furthering individual prosperity while simultaneously paving a path towards ensuring food safety and security across Bangladesh. 

Naser Ezaz Bijoy, Chief Executive Officer, Standard Charted Bangladesh, said, “Those living in our country’s most isolated char communities, need our help to weather climate events, sustain their livelihoods, and access the opportunities which are currently beyond their reach. By working with Friendship, Standard Chartered is proud, not only to save lives and livelihoods but also to create a safety net for over 7,000 farmers, their families, and countless communities, while also facilitating Bangladesh’s food security ambitions. With the support of this joint initiative, char-based farmers will finally be able to access a pool of knowledge, innovations, education, and sustainable resources that will equip them to achieve inclusive development and bridge the gap that exists between our nation’s rural and urban areas.

We are honoured to continue working with Friendship to work towards solutions that help to make our world a better place.”

Runa Khan, Founder and Executive Director, Friendship, said, “This partnership, where we build the capacity of farmers, through affordable agriculture technologies, innovation, training, technical support, and market extensions, will help us to fulfil our four commitments to our stakeholders. It will save lives by increasing food productions, it will help alleviate poverty by increasing productivity of farmers, it will make farming communities more resilient to climate change, and it will empower farmers – both men and women.”