The MAP (Better Conditions for Productivity) program of the IDB will support two activities and two research projects as the winners of the MAP Third Call for Proposals. The awarded projects will improve risk management in the agricultural sector, helping to develop new financial instruments, such as insurance products or rural credit portfolio analysis, in order to mitigate food security risks, improve income stability, and promote productive investments. The MAP also seeks to conduct research and activities that provide lessons and best practices through nuanced and sound impact evaluation and cost benefit analysis. Thus, the projects awarded will provide important lessons for public policy making.
One of the selected projects takes place in Mexico:
Technology Guarantee Program: "How to improve the productivity of maize in Mexico"
The Mexican institution Fideicomisos Instituidos en Relación con la Agricultura (FIRA) will provide adequate risk management and improved productivity of maize producers through a Technological Guarantee Program (Programa de Garantías Tecnológicas, PGT). This innovative program combines three major components: investment financing, technical assistance for technological change and a basic income guarantee. In order to extract relevant policy lessons an impact evaluation of the program will be conducted by the MIT Poverty Action Lab team.