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The partnership will strengthen impact of public-private collaboration in support of all three pillars of sustainable development – economic, social and environmental – with an important emphasis on both mitigating climate change and adapting and strengthening the resilience of agrifood systems and natural resources against the impacts of climate change. The partners will promote responsible investment and sustainable strategies for agrifood system transformation in light of national goals, needs and priorities, and facilitate private sector engagement through strategic partnerships in national programmes supported by the Hand-in-Hand (HIH) Initiative.

The collaboration between FAO and the International Cooperative Alliance (ICA) aims to promote the agricultural cooperativism model to eliminate hunger, address food insecurity and malnutrition, reduce rural poverty, and ensure the sustainable management and utilization of natural resources.

Swiss startups, SMEs, large-scale industry, and academia are leaders in science, technology, and innovation, including in the agrifood sector. These actors are united under Swiss Food & Nutrition Valley (SFNV), a purpose-driven, nationwide, multistakeholder, not-for-profit association that strengthens and promotes food system innovation. FAO and SFNV aim to establish mechanisms for identifying, developing, refining, and scaling innovative solutions in the areas of nutrition and healthy diets, with the objective of contributing to the transformation of agrifood systems by addressing root causes and mitigating the consequences of challenges within these systems.

This partnership will strengthen agrifood systems by ensuring that financial services effectively reach those most vulnerable to climate change and climate shocks. The collaboration will focus on improving the use of data, fostering advocacy and knowledge exchange, developing inclusive financial products, and strengthening private sector engagement in climate finance.