The Federal Reserve, in conjunction with the Department of Agriculture, has just released a new book: Harvesting Opportunity: The Power of Regional Food System Investments to Transform Communities. Working with Kat Taylor of the TomKat Foundation, Arabella’s Good Food investment team contributed to the book’s chapter on innovative philanthropic investments.
A preface to the book notes that:
“In recent years, consumers have become increasingly interested in where their food comes from and how their food dollars can provide greater support for local food-related businesses and farmers. Over this same time period, policymakers and practitioners have gained new insights into the potential for regional food systems to promote economic growth for both rural and urban communities through the creation of new or the enhancement of existing jobs and businesses. Regional food system stakeholders have also learned that appropriately targeted policies and support can advance the economic and financial security of low- and moderate-income households and communities.
Harvesting Opportunity explores these recent findings, highlights models for collaboration between policymakers, practitioners and the financial community, and discusses research, policy and resource gaps that, if addressed, might contribute to the success of regional food systems strategies.”
This is an important work for those interested in building sustained and systemic impact through better regional food systems, as our team is currently helping to do in the Chesapeake region.
The book is available for free download here.