The International Financial Architecture – Improving collaboration and scale to bridge the funding gap for sustainable food systems and family farmers
On 23 October 2024 from 08:30-09:45, ECDPM will be co-organising (together with IFAD, EAFF, Brazil, World Bank, Paris Peace Forum, Alliance for a
Green Revolution in Africa, Africa Europe Foundation, University
Mohammed VI Polytechnic, World Rural Forum, IUCN - International Union
for the Conservation of Nature), a hybrid side event taking place during the 52nd Plenary Session of the Committee on World Food Security (CFS 52) on enhancing the international financial architecture to support sustainable food systems (SFS) transformation. The event will be held in Rome, Italy.
Background
The side event will foster a multi-actor discussion on enhancing the international financial architecture to support sustainable food systems (SFS) transformation. It will offer ideas and recommendations on improving partnerships, coordination, and inclusivity to address the projected $350 billion annual investment gap to achieve SDG2 and transform food systems by 2030, with special attention to the unique challenges and needs of Low- and Middle-Income Countries (LMICs).
The event will feature a panel discussion with senior representatives from major international financial institutions, development agencies, regional family farmers’ organizations, and relevant national and regional bodies. This will be followed by an interactive dialogue with the audience.
The session will explore the following key discussion areas:
- Mapping finance and investment flows into food systems;
- Promoting stronger roles and collaborations of the UN Rome-based agencies (RBAs) in deploying multilateral development banks (MDBs) resources (including adaptation finance) for food security and SFS through technical assistance and investment preparation in countries;
- Enhancing cooperation between private, public and philanthropic investors to scale up responsible investments in SFS through innovative and blended investments and financing models, effective policy frameworks, and strong South-North multistakeholder partnerships;
- Highlight family farmers’ contributions to climate action and biodiversity protection, and identify opportunities for better and more direct access to financial resources (including international climate finance) for family farmers, smallholders, women and agri-SMEs.
An agenda and list of speakers will be made available closer to the event.
