A new platform will boost
inclusive, ecological investments in agriculture and in food
production, packaging and transport activities, going "from
farms to consumers", as part of a project announced on Tuesday
at the 'Finance in Common' summit.
The project launched by over 20 public development banks was
created thanks to an initiative of the International Fund for
Agricultural Development (IFAD), in collaboration with the
French Development Agency (AFD) and top Italian investment bank
Cassa Depositi e Prestiti (CDP).
"With investments totalling nearly two-thirds of formal
funding in agriculture, public development banks can have a huge
impact on the lives of rural populations and ensure the adoption
of more sustainable agricultural practices, which at the same
time can help small farmers adapt to climate change and earn
more", said IFAD President Gilbert F. Houngbo.
He added: "the platform is a concrete and important step
towards this change".
The creation of a platform for ecological and inclusive food
systems was announced at the start of the two-day summit that
brings together representatives of governments, public
development banks, international financial institutions, private
companies, leading members of civil society and farmers'
organizations.
It will help public development banks to boost their
investments and promote more ecological and inclusive food
systems, in line with - and contributing to reach - the
sustainable development targets set by the Paris Agreement in
2015. (ANSA) (ANSAmed).
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