A coalition of food innovation organisations has launched the Regenerative Innovation Portfolio, which aims to leverage regenerative agriculture's potential in Europe by demonstrating innovative pathways and scaling existing initiatives through new partnerships across agrifood value chains.
EIT Food will deploy €15m to support the Portfolio, to be matched against funding from corporate partners. EIT Food is supported by the European Institute of Innovation and Technology (EIT), a body of the EU.
The Portfolio takes a landscape-level approach, going beyond individual farms to consider collaborative approaches that span multiple sectors, working at a larger scale. To date, the Regenerative Innovation Portfolio has already identified five potential priority landscapes throughout Europe where multiple stakeholders – such as regional governments, investors, and retailers – have mutual interests and complementary sourcing needs. Within these landscapes, the Portfolio aims to foster greater collaboration across sectors and value chains to help farmers make the transition to regenerative agriculture practices.
EIT Food will match partner contributions of €5m per year for three years building up to a potential total investment of €30m. Additionally, some activities in the Portfolio may be designed to generate a return, which will be re-invested in the Portfolio.
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