International Agreement on Responsible Investment in Agriculture and Food Systems, October 2014
Principles for Responsible Investment in Agriculture and Food Systems
The Principles for Responsible Investment in Agriculture and Food Systems were approved by the 41st Session of CFS on 15 October 2014.
The Principles address all types of investment in agriculture and food systems - public, private, large, small - and in the production and processing spheres. They provide a framework that all stakeholders can use when developing national policies, programmes, regulatory frameworks, corporate social responsibility programmes, individual agreements and contracts.
They are voluntary and non-binding, but represent the first time that governments, the private sector, civil society organizations, UN agencies, development banks, foundations, research institutions and academia have agreed on what constitutes responsible investment in agriculture and food systems that contribute to food security and nutrition.
The Principles: Scenarios
The Principles represent the first global consensus on defining how investment in agriculture and food systems can benefit those who need it most. Now the Principles need to be translated into actions. So what’s next? What do the Principles mean for each stakeholder and how do we all work together to apply them and make a real difference in ensuring food security and nutrition on the ground? While the Principles provide the basis for moving forward together, the people responsible for translating global policy into action – policy makers, lawmakers, investors, farmers, processors, traders, retailers, consumers, etc. – need to think through the practical steps at all stages of food systems.
Kick Start Event – March 17th, 2:30-5:30pm, Red Room, FAO Headquarters: Promoting Responsible Investment in Agriculture and Food Systems: From Principles to Action