What is World Bank’s Business with Agriculture?
In 2012, the G8 called for the World Bank “to develop options for generating a Doing Business in Agriculture index.” With funding from the Gates Foundation, the UK, US, and Dutch and Danish governments, the project emerged in 2013 under the name Benchmarking the Business of Agriculture (BBA). The BBA methodology builds on its model indicator, the Doing Business ranking, which was developed by the Bank almost 12 years ago with very damaging collateral impact on the agricultural sector of the developing countries. Initiated in late 2013, BBA pilot studies are underway in 10 countries, and will be scaled up to 40 countries in 2014. The indicator is expected to benchmark 80 to 100 countries by 2015.