Rominger presented the PHP commitment at CGI on stage at the New York Sheraton Towers on September 25. The initial capitalization of the commitment exceeds $8.5 million, all of which will be used to dramatically increase Ghanaian fishers, farmers and ranchers’ yields from existing production. PHP’s work will begin almost immediately in Ghana, even before construction of plants, by sending organic fertilizer to farmers for use before the end of 2012.
According to the World Food Programme, one-third of the world’s food supply could be saved by reducing waste. This includes waste in Impact Countries where farmers, fishers and ranchers lose as much as 80% of their yield due to poor preservation capacity. “The growers, the providers are some of the most important people in any society, but especially in a society that is still developing commercially,” said Rominger. “PHP will help them maximize what they can produce on their land and in their countries with the introduction of Innovation Bundles of technologies. The advantage of this approach over so many other hunger-elimination plans that have failed is that there is an economic benefit for the farmers, fishers and ranchers as they reduce waste. And, of course, they are able to provide more nutrition for their people.”
The PHP project in Ghana will be fully implemented by early 2014. The organization expects that it will expand to other Impact Countries within the next three years.
About The Post Harvest Project The Post Harvest Project (PHP) is a nonprofit organization that works to enhance natural resource yields, reduce post harvest waste, and create economic opportunity in Impact Countries. PHP engages partner technologies to improve supply chain efficiency and provide sustainable business practices to increase the likelihood of long-term success. For more information, please visit: www.thepostharvestproject.org.
About nanoICE nanoICE is the inventor of Molecular Ice TechnologyTM , and provides custom fully-integrated, or stand alone systems to food producers, transporters, storage companies, retail grocers, restaurants, and hotels. nanoICE’s benefits include: eliminating the use of undesirable and dangerous chemicals in food processing; improved handling and increased product yields; preserving natural nutrition in fresh products; reducing waste; and maximizing the value of harvest. For more information, please visit http://nanoiceglobal.com
About the Clinton Global Initiative (CGI)
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI) convenes global leaders to create and implement innovative solutions to the world’s most pressing challenges. CGI Annual Meetings have brought together more than 150 heads of state, 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date CGI members have made more than 2,100 commitments, which are already improving the lives of nearly 400 million people in more than 180 countries. When fully funded and implemented, these commitments will be valued at $69.2 billion.
CGI’s Annual Meeting is held each September in New York City. CGI also convenes CGI America, a meeting focused on collaborative solutions to economic recovery in the United States, and CGI University (CGI U), which brings together undergraduate and graduate students to address pressing challenges in their community or around the world. For more information, visit clintonglobalinitiative.org and follow us on Twitter @ClintonGlobal and Facebook at facebook.com/clintonglobalinitiative
Craig Rominger nanoICE (206) 427-2227
Stan Emert Post Harvest Project (206) 250-9839