Cereal Banks

This solution was shared by PRE-LAUNCH RESEARCH TEAM , 14 May 2021

Print date: 05 October 2022 12:23

Description of the innovative solution

Community building Sharing economy Staple food Desert agriculture Indigenous crops Traditional food Perishable food

Prices of cereals fluctuate a lot depending on seasons and potential food system shocks, such as droughts, pests, and diseases. Cereal banking is a community-based risk management strategy that involves buying food during harvest when prices are low and storing it for consumption during tough seasons when food prices are high. The purpose is to smooth availability and consumption patterns in rural communities and households throughout the year. Cereal banks have been already introduced in several regions seriously affected by climate change and food insecurity. Cereal Banks can provide the local communities, mostly living in rural areas, with the opportunity to trade their productions in more advantageous periods. This system will be helpful to strengthen the country’s organizational, logistic and infrastructural effectiveness.

Supply chain segment

Financial aspects

Maturity level

Mainstream

Criteria

Food affordability

SDG target

SDG 2: Zero Hunger SDG 10: Reduced Inequality SDG 11: Sustainable Cities and Communities

Context

Rural

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Additional resources

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Are cereal banks best option to fight hunger?
News article, popular press or blog post
This article raises some concerns and doubts about the use of cereal banks in low-income communities in Africa.
Shared by PRE-LAUNCH RESEARCH TEAM

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