This partnership will support regional, national and local financial institutions in boosting agricultural financing for sustainable agrifood systems investment, including financing to smallholder and family farmers and small and medium agrifood enterprises. The collaboration also envisages support to private investment for sustainable agrifood systems, including policy support and promotion of innovative financing approaches such as blended finance.
Other potential engagement areas include the Food Coalition and the Hand-in-Hand Initiative. The closer collaboration between the two entities will provide an opportunity to mobilize financial resources, policy assistance support and technical expertise to contribute to agri-food systems transformation with large scale impacts on reducing inequalities, eradicating hunger and poverty, and improving capacities in order to leverage future investments in food insecurity and nutrition.
Prior to the signature of the LoI, FAO and CDP have been engaged in a dialogue on rural development and financial inclusion as areas of special attention.
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