Principles For Responsible Investement In Agriculture And Food Systems And Their Social Impact: Application To Universitary Projects

Irene Buele, David Zúñiga, Luis Tobar

Research output: Contribution to journalArticlepeer-review

Abstract

The principles for Responsible Investment in Agriculture and Food Systems (RAI) aim to support food security, nutrition, and the improvement of sustainable livelihoods for smallholders in a responsible and environmentally friendly way. This article analyzes the inclusion of RAI principles in the projects of the Politécnica Salesiana University, Cuenca, in Ecuador, which is complemented with the calculation of the Social Return on Investment (SROI). Among the results, principle 4 was observed as the most applied principle since it enhances the participation and empowerment of young people. The 16 projects applied based on this principle had a total of 24,723 beneficiaries. The key factor of these projects was the integration of young people. It was evidenced how young people, assertively took the leadership, and managed the projects to strengthen human and social development in communities and vulnerable areas. The NPV calculated for the projects under principle 4 showed an NPV of $5,039.15, and an SROI of 24.19. The overall result of the NPV of all university projects was $ 10,957.39 and an SROI of 38.38.

Original languageEnglish
Pages (from-to)1-13
Number of pages13
JournalAcademy of Entrepreneurship Journal
Volume27
Issue number4
StatePublished - 2021

Bibliographical note

Publisher Copyright:
© 2021,Academy of Entrepreneurship Journal

Keywords

  • Attribution
  • Committee on World Security
  • Deadweight
  • Drop off
  • Food and Agriculture Organization
  • Impact and Net Present Value
  • Principles for Responsible Investment in Agriculture and Food Systems
  • Return on Investment

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