28 April

Reboot LandBank To Trillion Loans For Farm Production To HEAL And Help Farmers To COPE2

We all should thank God for the Land Bank of the Philippines (LandBank) to have loaned more than PhP261 Billion to the Agriculture Sector, according to ex-Secretary of Agriculture William Dar (27 April 2023, “Lending To Agriculture And The Rise Of Fintech,” Manila Times, manilatimes.net). It is my hope as an advocate of regenerative agriculture and self-help that LandBank lends billions-trillions more for more cooperative projects for the agriculture’s higher health: healthy farmers and healthy farms.

Mr Dar says:

The figure of PhP261 billion is no small amount, and LandBank should be applauded for sustaining the bank's lending to the agriculture sector.

However, I still dream of lending to the agriculture sector reaching at least PhP1.5 trillion per year… Attaining that PhP1.5-trillion figure will definitely need a mobilization of financial resources from the government, private sector or banks, and bilateral and multilateral lending institutions.

Me, trillions more for loans, yes: I wish LandBank packages a lending program for “Cooperatives Operating for People’s Economics & Environment (COPE2)” – my brainchild. Note that COPE2 is for cooperatives to work for their farmer members as well as for the environment. COPE2 is for cooperatives to achieve economies of scale for its members as they go on with their agriculture to solve Farmer Poverty and resolve Climate Change. I have yet to read of any LandBank-supported program or project that addresses directly Farmer Poverty even while it aids all of agriculture in confronting Climate Change.

LandBank’s HEAL is the program to “Help via Emergency Loan Assistance for LGUs”; my COPE2 is designed not only to HEAL the communities sick of poverty but simultaneously to heal the land sick of Climate Change!
(“HEAL” from facebook.com)

I am thinking of COPE2 implementing regenerative agriculture (RA) to which Mr Dar himself subscribes (see his 2022  column, “It’s Time To Consider Regenerative Agriculture,” Manila Times, manilatimes.net). 2 years earlier, he said during the 69th anniversary of the Bureau of Soils & Water Management (BSWM) (Ellalyn de Vera-Ruiz, 08 June 2020, “Dar Urges Reinvention, Adaptation To ‘New Normal’,” Manila Bulletin, mb.com.ph):

Reinvention needs a lot of courage to… focus on four major areas: soils, water, farming systems, and policy advocacy..,

The DA chief also highlighted the development of new researches focusing on soil health and sustainable agriculture with regenerative agriculture.

Yes, I am calling for “reinvention” of government lending to farmers who are made aware and required to practice non-chemical agriculture.

“Sulong Saka” (“Advancing Agriculture,” my translation) is for increasing production of farm produce – but not healing the land from being environmentally sick, ill from greenhouse gases. “(Chemical) Agriculture (contributed) 10% of 2021 greenhouse gas emissions” (EPA, United States Environmental Protection Agency, epa.gov).

About the “Sulong Saka,” LandBank itself says (landbank.com):

The Sulong Saka Program aims to provide credit assistance to farmers cultivating high-value crops … and support their production, processing, marketing and other agribusiness projects.

I say LandBank needs to help PH Agriculture more than “Sulong Saka” and “HEAL” – it needs to fund the fight against Farmer Poverty and Climate Change!@517

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