Family Farming Knowledge Platform

Financing Organic Agriculture in Africa

Mapping the issues

Organic Agriculture (OA) is a rapidly growing sector in Africa, with strong links to economic and sociocultural development in the continent (Willer and Kilcher, 2012; Auerbach, 2013). OA can also be seen as a relevant tool to advance the Sustainable Development Goals (SDGs) 2, 12, 13 and 15 on sustainable agriculture, sustainable consumption and production, climate change and the sustainable use of ecosystems. In 2003, African countries endorsed the Maputo declaration, committing to allocate at least 10 percent of national budgets to agriculture and rural development projects (AU, 2004). This pledge demonstrated the resolve of African leaders to revitalize the agricultural sector and underlined the importance of adequate ! nancial resources to ensure such progress. The objective of promoting the development of OA was endorsed by African Heads of State and Government in 2011 (African Union Decision EX.CL/Dec.621 XVIII). More recently, during the 3rd African Organic Agriculture Conference (AOC) held in October 2015 in Lagos, Nigeria, organic farmers, entrepreneurs, researchers and representatives from national and international institutions, all highlighted the need for effective funding solutions to foster the development of OA in Africa. Stakeholders at the AOC highlighted a lack of information and available options concerning access to ! nance. The subsequent adoption of the Lagos declaration at the AOC called for at least 10 percent of public resources devoted to the agricultural sector to be speci! cally employed to develop OA in the continent (UNCTAD, 2015b). This has led to a renewed emphasis on the need for suitable funding solutions to further develop the OA sector.

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Organization: United Nations Conference on Trade and Development (UNCTAD)
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Year: 2016
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Geographical coverage: Africa
Type: Policy brief/paper
Content language: English
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