Feed, fodder and forage production and storage

TATEV, ARMENIA - SEPTEMBER 24, 2016: A shepherd gets his herd of sheep across the road near the village of Tatev in Armenia.

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Feed, fodder and forage production and storage
Feed, fodder and forage production and storage
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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

Establish and operate storage facilities for feed, fodder and forage, and invest in pasture development and management, where farmers, forage / fodder producers and community municipalities cooperate, community rents land, and private farms invest in pasture and forage plantation. The contracts may include obligations to invest in sustainable technologies.

Expected Impact

Strengthen dairy supply chain thanks to stable supply of feed, fodder and forage as well as reduced environmental impacts, also contributing to increased farmer incomes.

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.
600,000 cattle and 700,000 sheep have insufficient supply of fodder / feed.
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.
Life on Land (SDG 15) Zero Hunger (SDG 2)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Decent Work and Economic Growth (SDG 8) Industry, Innovation and Infrastructure (SDG 9) Responsible Consumption and Production (SDG 12)

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Sector Sources
  • 1) Government action program 2019-2023, 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) Ministry of Agriculture, www.minagro.am/պետական-օժանդակության-ծրագրեր. 4) FAO AQUASTAT, ges/pg_4062968307_22.pdf. 5) Agro-investment Guide Armenia, https://www.eda.admin.ch/dam/countries/countries-content/armenia/en/Investment%20Guide.pdf . 6) How can farming intensification affect the environmental impact of milk production, L. Bava , A. Sandrucci, 2014, Journal of Dairy Science, https://www.journalofdairyscience.org/article/S0022-0302(14)00316-6/fulltext. 7) State Cadaster Committee, Armenia, https://www.cadastre.am. 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) 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. 13) Statistical Committee of Armenia, 2018, https://www.armstat.am/file/article/eco_booklet_2018.pdf. 14) The Strategy of Main Directions of the Development of Agriculture of Armenia 2020-2030, https://mineconomy.am/en/page/1467. 15) Tax Code, https://www.arlis.am.
IOA Sources
  • 21) UNDP interviews with stakeholders, 2019. 22) Investment Guide Armenia, Ministry of Economic Development and Investment, 2017, http://uk.mfa.am/u_files/file/invest/investinarm.pdf. 23) Voluntary National Report (VNR) of Armenia, for the UN High-level Political Forum on Sustainable Development, 2018. 24) Sustainable Development Report, 2019, https://www.sdgindex.org/reports/sustainable-development-report-2019. 25) Tackling the Challenge of Smallness in Agricultural Market, 2016, G. Gabrielyan et al, Center of Agribusiness and Rural Development (CARD), Armenia. 26) Cheese Production and Export Supply Chain: Armenia, Gagik Gabrielyan, International Finance Corporation, 2017, https://openknowledge.worldbank.org/handle/10986/29328. 27) Statistical Committee of Armenia. Annual Reports on Foreign Trade. 28) Government Decree no 1477 of 28 October 2010, https://www.arlis.am. 29) Manual for Monitoring of Pastures, Armenia - Yerevan. 2015, Sustainable Management of Biodiversity, South Caucasus, https://biodivers-southcaucasus.org/uploads/files/GIZ%20WP%20eng%20.pdf. 30) Government Decree No 389-N of April 14 2011, https://www.arlis.am. 31) Government decision No 471-N of 07 May 2015, https://www.arlis.am.