Food & Farming

The resilience of our food system requires diversification, which means an emphasis on localized processing, distribution, and retail. Ag and food system lending is an area that many mainstream banks hesitate to engage in. However, more CDFIs are prioritizing investment in food systems, seeing it as core to building community resilience and meeting their mission to provide capital access to more people, businesses, and communities.

Frey Vineyards started as a commitment to organic Ag and winemaking when there was none. In 1980, Katrina and Jonathan Frey made their first barrel of wine. They both had become organic farmers, under Alan Chadwick\’s tutelage, and decided to embark on their enterprise: founding America\’s first organic winery. With the support of Jonathan\’s brother Matthew, they built the first winery, became certified organic, and started fermenting Frey wine. Pioneering the only organic winery at the time.

The Food and Ag industry contributes a third of global greenhouse gas emissions, and its supply chains have become increasingly vulnerable to the effects of climate change, including changing patterns of drought, precipitation, and extreme heat. So, a new approach is needed and as investors, we can influence the move away from the extractive and exploitative status quo, which has significant negative externalities, and transition to a more resilient system that can thrive over the long term.