A first-of-its-kind report by AgFunder and ISF Advisors, with support from the Bill & Melinda Gates Foundation, sheds light on the pressing need and opportunities for private investment in climate adaptation within the agriculture sectors of emerging markets, focusing on the pivotal role of smallholder farmers. This is the executive summary from the full report which is also available to download.

The report reveals that tech investors -- predominantly venture capital, private equity and impact funds – have put over $5.7 billion of funding to work on adaptation tools and services for smallholder farmers in emerging markets since 2012.

Digital tools and platforms, including agribusiness marketplaces and farm management services, are among the most invested categories while Southeast Asia is the most active region for investment in smallholder-relevant adaptation tech, bringing in $1.9 billion since 2012, the vast majority of that from India.