StanChart and CNRS Enhance Aquaculture Productivity

Industry: Bank, Financial, NGO, NGO & Development
Company: Center for Natural Resource Studies (CNRS), Standard Chartered Bangladesh
Company Intelligence Tag: Partnership Insights

Standard Chartered Bangladesh and the Centre for Natural Resource Studies (CNRS) have joined forces to promote sustainable and climate-resilient aquaculture practices in Bangladesh’s southern coastal region. They aim to enhance the availability of high-quality fish spawn, specifically Generation 3 (G3) Rohu, for 2,000 aquaculture farmers.

Rohu is a prominent carp species in Bangladesh, and G3 Rohu represents a genetically improved, high-yield strain. The project has three main objectives: establishing an efficient spawn distribution network, providing training to farmers for effective G3 Rohu production, and improving connections within the aquaculture value chain.

Standard Chartered’s involvement demonstrates its commitment to nutrition, food security, job creation, and value chain support. The CEO of Standard Chartered Bangladesh highlighted the importance of addressing climate risks in Bangladesh and the potential benefits of G3 Rohu for farmers and consumers. The Executive Director of CNRS praised the initiative’s role in improving nutrition, reducing malnutrition, and enhancing economic returns for farmers.

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