Drip irrigation installations for crop land

View of Mount Arailer. Irrigation canal in the valley between the mountains. Armenia

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Drip irrigation installations for crop land
Drip irrigation installations for crop land
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Food and Beverage
Food and Agriculture
Business Model Description

Pursue drip irrigation of agricultural land with installations done through one of the following models: 1. farmer investment model, where farmers invest in drip irrigation pipeline network and equipment in their own crop land where irrigation water is close to the edge of farm land; or 2. government-farmer cooperation model, where the government develops the tertiary system and brings irrigation water close to the farm edge and hence improves the underdeveloped tertiary distribution system of irrigation water. The second model may be modified to include agencies involved in water intake and distribution, namely Water User Associations (WUAs) and Water Supplier Agencies (WSAs).

Expected Impact

Improve agricultural productivity and address water access and waste challenges, supporting farmer livelihoods and improving environmental impacts.

How is this information gathered?
Updated: 9 Aug, 2021 Date of Production: 1 Jun, 2021
Armenia
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
20% - 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 50 million - USD 100 million
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
< USD 500,000
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Clean water and sanitation (SDG 6) Decent Work and Economic Growth (SDG 8) Responsible Consumption and Production (SDG 12)

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Sector Sources
  • 1) Government action program 2019-2013, https://www.gov.am/am/Five-Year-Action-Program. 2) National strategy and action program to combat desertification in the republic of Armenia, Ministry of Nature Protection of Armenia, http://www.mnp.am/uploads/1/1551885091anapat_eng-1.pdf. 3) Voluntary National Report (VNR) of Armenia, for the UN High-level Political Forum on Sustainable Development, 2018. 4) Law on National Water Policy, https://www.arlis.am/DocumentView.aspx?DocID=1784. 5) Law on National Water Program, https://www.arlis.am/DocumentView.aspx?DocID=140524. 6) Sustainable Development Report, 2019, https://www.sdgindex.org/reports/sustainable-development-report-2019. 7) Ministry of Agriculture, www.minagro.am/պետական-օժանդակության-ծրագրեր. 8) FAO, Food Waste and Loss in Armenia, http://www.fao.org/3/a-au842e.pdf. 9) World Bank, Development Indicators, https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS?locations=AM&view=chart. 10) Statistical Committee of Armenia, Labor Market in Armenia, 2019. 11) Statistical Committee of Armenia, Food Security and Poverty in Armenia, 2019. https://www.armstat.am/am/?nid=82&id=2125. 12) Statistical Committee of Armenia, 2018, https://www.armstat.am/file/article/eco_booklet_2018.pdf. 13) The Strategy of Main Directions of the Development of Agriculture of Armenia 2020-2030, https://mineconomy.am/en/page/1467.
IOA Sources
  • 21) FAO AQUASTAT, http://www.fao.org/nr/water/AQUASTAT/data/query/results.html. 22) Intended Nationally Determined Contributions of the Republic of Armenia under the UN Framework Convention on Climate Change (UNFCCC), https://www4.unfccc.int/sites/ndcstaging/PublishedDocuments/Armenia%20First/INDC-Armenia.pdf. 23) UNDP interviews with stakeholders, 2019. 24) Agro-investment Guide Armenia, https://www.eda.admin.ch/dam/countries/countries-content/armenia/en/Investment%20Guide.pdf. 25) Voluntary National Report (VNR) of Armenia, for the UN High-level Political Forum on Sustainable Development, 2018. 26) Reports of the Water Committee of Armenia, 2018 and 2019, http://www.scws.am/uploads/files/104/Operativ_01.01_.2019_.pdf and http://www.scws.am/uploads/files/23/ardir-hash-2018.pdf. 27) An assessment of the economic impact of drip irrigation in vegetable production in India, 2018, A Narayanamoorthya, M Bhattaraib and P. Jothic, Agricultural Economics Research Review 2018, 31 (1), 105-112. 28) Water Committee of Armenia, 2019, http://www.scws.am/uploads/files/104/Operativ_01.01_.2019_.pdf. 29) Government Decision No 2121 of 26 December 2002, On the Rules on Irrigation Water Supply and Use, https://www.arlis.am/documentview.aspx?docid=10491.