The primary objective of this international coalition is to strengthen and establish a coherent and coordinated government leaded multi-level governance architecture able to integrate and further support existing ATs efforts and to build institutional capacity for territorial approaches at all levels of governance.
Commitments to action
Coalition of Action for Inclusive and Sustainable Food System Finance – The Public Development Banks (PDB) initiative
International Fund for Agricultural Development, IFAD, AFD, France, CDP, Italy
Catalytic investments in agriculture and the food economy are critical to realizing the 2030 Agenda and Paris Agreement on CC. Finance is recognized as a cross-cutting enabler of all the ATs of the 2021 FSS. Given PDB’s role in the UN Financing for Development process and countercyclical mandate, PDBs have a critical role to play in increasing and redirecting financial flows towards more sustainable and inclusive outcomes, including finance for smallholder farmers and agri-SMEs, and gender-inclusive finance.
In order to build a broader, more inclusive, and sustainable financial ecosystem for food systems transformation, we need to go beyond finance, which requires enabling policies and regulations allowing, for example, PDBs to take risks according to their mandate. Public and private sector actors need to come together to support development objectives at the country level, and a strong connection to research institutions and the development of evidence from the ground is also needed. CSOs should be actively involved to ensure accountability and monitoring of results. On the demand side, the private sector, SMEs, and other rural institutions can inform the changes that are needed for ecosystem effect.
This Coalition builds and expands on these efforts to develop a more robust ‘platform’ of PDBs to channel existing and additional investments from all sources for more sustainable, inclusive food systems outcomes, with a focus on ensuring small-scale producers are not left behind, as well as interfacing with this platform in the coming months and years to come to make sure that its effects are as transformative, actionable and impactful as possible.
The Platform will provide a space to build partnerships, help to share knowledge and accelerate learning among the PDBs, supporting them to increase their participation in inclusive and sustainable rural finance, namely three self-reinforcing pillars: (i) TA pillar designed to help banks build their capacity to effectively tackle their key operational and governance challenges, including better assessment and monitoring of risks and development impacts, by matching TA needs with providers, leveraging instruments such as SSTC; (ii) Communication and Learning pillar to effectively spread best practices between the PDBs, ensuring that the planned increased volume of rural financing by PDBs is targeted to better projects using sustainable banking methodologies and (iii) Leveraging PDB agricultural Financing pillar, to support – based on demand – the participating PDBs design their rural outreach strategies, obtain advise or how to optimize balance sheet resources for greater lending to agriculture.
Means of Implementation
Public development banks
Green and inclusive investments
The Food Action Alliance (FAA) is a multi-stakeholder coalition of organisations and initiatives, who through collective action seek to produce food in a way that is efficient, inclusive and accessible to all – in support of a transition to healthier diets and improved environmental outcomes.
The 50×2030 Initiative to Close the Agricultural Data Gap brings together committed partners to improve the capacity of 50 low- and lower-middle-income countries to produce, analyze, interpret, and apply data to decisions in the agricultural sector by 2030.
The Innovation Lever – Data & Digital Working Group will build on the momentum of the 2021 UN Food Systems Summit (UNFSS) and put its shared vision into practice through a Global Coalition of public, private, and non-profit organizations committed to responsible digital innovation in food systems.
The collective commitment aims to support countries and communities to meet national and regional priorities on food systems pathways on a more holistic understanding and delivery of innovation for successful outcomes that are effective and improve the scale, quality and equity of resilient, climate-smart and healthy food systems.