At the time of writing, not all projects have been able to provide the updated impact report for the final year 2020. Nonetheless, it is clear that the effects of the COVID-19 pandemic were felt across the entire CFC portfolio. Several projects have faced a scenario of lower demand, logistics challenges and falling prices. Still, most projects were able to keep providing the necessary support for their network of smallholder suppliers, with some of them even expanding the number of farmers reached in 2020. However, in most cases the income level of the farmers was negatively affected. Also, some projects had to lay off people or postpone expansion plans, leading to a decrease in the number of jobs created and in the additional land under cultivation. On a portfolio level, including the new projects recently receiving CFC support, it is expected that CFC operations will overall show a higher impact in 2020 when compared to previous years, once all reports from projects are received.
A brief analysis of the main indicators corresponding to the SDGs framework is presented below: