Lao_Climate Friendly Agribusiness Value Chains

The Climate-Friendly Agribusiness Value Chains Project is aimed at enhancing competitiveness of rice value chains in Khammouane, Saravan and Savannakhet provinces,  and vegetable value chains in Vientiane Capital, Champasak and Sekong provinces. The project will improve climate resilience of agricultural infrastructure, and enhance crop productivity, diversification and commercialization. The project will help improve storage, processing, quality and safety testing capacity, and promote the use of biofertilizers and organic farming. It will strengthen technical and institutional capacity for climate smart agriculture (CSA) and create an enabling environment for climate-friendly agribusinesses to promote environmental sustainability and enhance profitability for farmers and agribusinesses.

The FMAS will be responsible for overseeing and supervising the methodologies and due diligence used by project staff to produce regular project management accounts. The international FMAS will work together with the national FMAS in the initiation of accounting procedures at central provincial and district levels to ensure that the approaches and methodologies being used meet acceptable international standards. The international FMAS will guide the activities of the national FMAS to ensure sound finance, accounting and audit procedures are in place and implemented. Subsequently, the national FMAS will complete the financial and accountancy work required to put in place adequate accountancy and reporting procedures throughout project activities including preparation of the FMM together with procedures, forms and report formats.