Accounting for nature: Farmers are rewriting the value equation

High-value crops provide a credible pathway out of poverty and can create jobs in rural and peri-urban areas.

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At a training in Narok County, one of the counties where the TEEB Agrifood Kenya programme is being implemented, farmers debate an unusual topic for an agriculture meeting: natural capital, meaning the things that nature gives us for free.

The project, a collaborative initiative led by the United Nations Environment Programme in partnership with Strathmore University Business School, introduces farmers to true value accounting. It works with several counties in the Mau Forest Greater Ecosystem, including Bomet, Narok, and Kericho, bringing farmers together to rethink the economics of food production.

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Note: The results are not exact but very close to the actual.