Dear Forum Members,
Reaching the goal to feed a growing world population is threatened by an important lack of investment in agriculture and a decreasing Official Development Assistance (ODA) in agriculture. To tackle this issue, Innovative Financing Mechanisms (IFMs) are being discussed as a means to complement ODA without replacing it to provide reliable and predictable financing for development and specifically for agriculture and food security and nutrition, especially by catalyzing and encouraging new projects.
At its 9th plenary session in Bamako in June 2011, the Leading Group on Innovative financing for Development considered that innovative financing has the potential to contribute to increase funding for agriculture, food security and nutrition. An International Task Force was established.
The Task Force, supported by an Expert Committee, is expected to produce a report by the end of 2012 which will be presented to the 11th plenary session of the Leading Group on innovative financing for Development.
The objectives of exploring Innovative financing for Agriculture, Food Security and Nutrition, are two:
This online discussion should promote an exchange experiences and opinions within the largest possible audience in the area of agriculture and food security. Inputs received will be used in the preparation of the report that will be submitted to the 11th Plenary Session of the Leading Group on innovative financing for Development.
The literature and debate on Innovative Financing Mechanisms has by now become impressive and some of the proposals are listed in the Annotated List for ease of reference.
Questions submitted to the FSN members:
Please feel free to share with us any relevant material and/or publications to feed the on-going reflexion on this topic.
We thank you in advance for your time and contributions as they will contribute to refining our assessment and prospective work.
We hope this discussion will facilitate knowledge sharing, communication and effective learning from your experiences on innovating financing mechanisms and relevant uses for enhancing financing for agriculture, food security and nutrition.