- explore the role of local and national governments in mobilising resources for local food system transformation;
- identify potential funding sources for city and city region level and provide guidance to stakeholders on accessing them;
- address funding gaps and bottlenecks at the local-level.
Speakers
- Guido Santini, Programme Coordinator, Plant Production and Protection Division, FAO
- Jess Halliday, Chief Executive, RUAF
- James Tefft, FAO Investment Centre Overview of finance and investment opportunities and access pathways for cities
- TBC - Global Environment Facility (GEF) and Green Climate Fund (GCF) mechanisms for cities
- Lauren Baker, Global Alliance for the Future of Food - The landscape of charitable foundations for urban food systems actions
She presented: https://dgroups.org/fao/food-for-cities - Brian Cook, Consultant - What’s stopping the private sector from supporting and investing in sustainable food systems?
Roundtable discussion: City experiences in mobilising resources, funding gaps and needs
- Shelton M. Sithole, Representative for Bulawayo, Zimbabwe
- Dayane Xavier, Representative for Curitiba, Brazil
Resource:
FAO Green Cities Initiative
A City Region Food System is defined as “all the actors, processes and relationships that are involved in food production, processing, distribution and consumption in a given city region”.
Additionally, city region food systems are connected to many other rural and urban sectors (e.g. food security, economic development, water and waste management, energy, transport, health, climate change, governance and spatial planning, etc.). By taking this into account, economic, social, and environmental sustainability linkages can be acknowledged.
ADAPTA 
ADAPTA, Africa's first climate adaptation facility for agriculture, uses an innovative loan underwriting process that incorporates AG technologies and climate-smart agriculture to help producers and Agri-SMEs adapt to climate change while enhancing ADAPTA's risk management process. ADAPTA's Climate-Smart Credit model can transform how financial intermediaries and investors manage agricultural risk and increase their exposure to the sector.
- ADAPTA is a climate and agriculture data intelligence company developing solutions for financial intermediaries, including climate and production risk management products and climate adaptation finance.
- ADAPTA is a team of bankers, farmers, scientists, and agronomists who came together to transform climate finance. They believe that climate change and biodiversity loss pose a signifying risk to food systems and millions of farmers worldwide. Mobilizing the US$150 trillion global banking industry is key to fighting climate change.
- Madleine Mwithiga Africa Managing Director, ADAPTA Inc. Nairobi County, Kenya
Aceli Africa
Aceli Africa envisions SMEs leading the transformation towards a thriving, inclusive, and sustainable agriculture sector. Aceli's mission is to unlock the growth and impact of agricultural SMEs by bridging the gap between capital supply and demand. Building the market for agricultural SME finance in Africa will contribute to several of the UN's Sustainable Development Goals through improved livelihoods for farmers and workers, climate-smart and resilient agriculture, gender inclusion, and food security and nutrition.
Agricultural SMEs need reliable access to finance to realize their growth and impact potential. However, Aceli’s original data confirms that risk in agri-SME lending is twice as high as other sectors while returns are 4-5% lower, limiting capital flows to agricultural SMEs today.
Related:
19 December 2023, Marketlinks and the USAID Bureau for Resilience, Environment, and Food Security (REFS) hosted a discussion about how donor capital can be used to mobilize capital in agriculture through funds and banks.
- Moderator Songbae Lee from REFS
- Brian Milder, CEO of Aceli Africa,
- Chris Isaac, CIO of AgDevCo
They examined the different impacts from supporting funds vs banks, e.g. supporting a higher volume of smaller transactions versus a lower volume of medium- to large-transactions and capital mobilization / leverage relative to impact and capital additionality.
No comments:
Post a Comment