Results of research on trends and impacts of foreign investment in developing country agriculture and development of principles for responsible agricultural investment
The Brussels Development Briefing n.60 on “The future of food and agricultural transformation” organised by CTA, the European Commission/EuropeAid, the ACP Secretariat and CONCORD was held on Wednesday 26 February 2020 (9h00-13h00) at the ACP Secretariat, Avenue Georges Henri 451, 1200 Brussels.
The briefing presented trends and discussed the sustainable and healthy food systems, the future of work in agriculture and the need for new skills in very complex food chains, the effects of disruptive innovations, fair and inclusive value chains and trade.
The audience was made up of ACP-EU policy-makers and representatives of the EU Member States, civil society groups, research networks and development practitioners, the private sector and international organisations based in Brussels as well as representatives from ACP regional organisations.
The Brussels Development Briefing n.60 on “The future of food and agricultural transformation” organised by CTA, the European Commission/EuropeAid, the ACP Secretariat and CONCORD was held on Wednesday 26 February 2020 (9h00-13h00) at the ACP Secretariat, Avenue Georges Henri 451, 1200 Brussels.
The briefing presented trends and discussed the sustainable and healthy food systems, the future of work in agriculture and the need for new skills in very complex food chains, the effects of disruptive innovations, fair and inclusive value chains and trade.
The audience was made up of ACP-EU policy-makers and representatives of the EU Member States, civil society groups, research networks and development practitioners, the private sector and international organisations based in Brussels as well as representatives from ACP regional organisations.
The Brussels Development Briefing n.60 on “The future of food and agricultural transformation” organised by CTA, the European Commission/EuropeAid, the ACP Secretariat and CONCORD was held on Wednesday 26 February 2020 (9h00-13h00) at the ACP Secretariat, Avenue Georges Henri 451, 1200 Brussels.
The briefing presented trends and discussed the sustainable and healthy food systems, the future of work in agriculture and the need for new skills in very complex food chains, the effects of disruptive innovations, fair and inclusive value chains and trade.
The audience was made up of ACP-EU policy-makers and representatives of the EU Member States, civil society groups, research networks and development practitioners, the private sector and international organisations based in Brussels as well as representatives from ACP regional organisations.
Harvesting Prosperity: Technology and Productivity Growth in Agriculture Francois Stepman
9 December 2019. World Bank Tokyo Office. In September 2019, the World Bank published its fourth report, Harvesting Prosperity: Technology and Productivity Growth in Agriculture . The report's lead author, William Maloney, Chief Economist for Fair Growth, Finance and Institutions (EFI), the World Bank's Chief Economist for Growth, Finance and Institutions (EFI), held a seminar to introduce the main points of the report.
The report states that developing countries need to dramatically expand agricultural innovation and farmers' use of technology to eradicate poverty and respond to rising food demand and address the adverse effects of climate change.
How IFAD is Responding to the Opportunities and Challenges in West and Central Africa
WCA Regional Implementation Retreat
Dakar, Senegal
8 to 11 November, 2010
Large scale land acquisitions and responsible investment in Africafutureagricultures
Presentation by Ruth Hall at the event "The Political Economy of Agricultural Policy Processes in Africa", September 2014.
http://www.future-agricultures.org/events/the-political-economy-of-agricultural-policy-processes-in-africa
The Brussels Development Briefing n.60 on “The future of food and agricultural transformation” organised by CTA, the European Commission/EuropeAid, the ACP Secretariat and CONCORD was held on Wednesday 26 February 2020 (9h00-13h00) at the ACP Secretariat, Avenue Georges Henri 451, 1200 Brussels.
The briefing presented trends and discussed the sustainable and healthy food systems, the future of work in agriculture and the need for new skills in very complex food chains, the effects of disruptive innovations, fair and inclusive value chains and trade.
The audience was made up of ACP-EU policy-makers and representatives of the EU Member States, civil society groups, research networks and development practitioners, the private sector and international organisations based in Brussels as well as representatives from ACP regional organisations.
The Brussels Development Briefing n.60 on “The future of food and agricultural transformation” organised by CTA, the European Commission/EuropeAid, the ACP Secretariat and CONCORD was held on Wednesday 26 February 2020 (9h00-13h00) at the ACP Secretariat, Avenue Georges Henri 451, 1200 Brussels.
The briefing presented trends and discussed the sustainable and healthy food systems, the future of work in agriculture and the need for new skills in very complex food chains, the effects of disruptive innovations, fair and inclusive value chains and trade.
The audience was made up of ACP-EU policy-makers and representatives of the EU Member States, civil society groups, research networks and development practitioners, the private sector and international organisations based in Brussels as well as representatives from ACP regional organisations.
The Brussels Development Briefing n.60 on “The future of food and agricultural transformation” organised by CTA, the European Commission/EuropeAid, the ACP Secretariat and CONCORD was held on Wednesday 26 February 2020 (9h00-13h00) at the ACP Secretariat, Avenue Georges Henri 451, 1200 Brussels.
The briefing presented trends and discussed the sustainable and healthy food systems, the future of work in agriculture and the need for new skills in very complex food chains, the effects of disruptive innovations, fair and inclusive value chains and trade.
The audience was made up of ACP-EU policy-makers and representatives of the EU Member States, civil society groups, research networks and development practitioners, the private sector and international organisations based in Brussels as well as representatives from ACP regional organisations.
Harvesting Prosperity: Technology and Productivity Growth in Agriculture Francois Stepman
9 December 2019. World Bank Tokyo Office. In September 2019, the World Bank published its fourth report, Harvesting Prosperity: Technology and Productivity Growth in Agriculture . The report's lead author, William Maloney, Chief Economist for Fair Growth, Finance and Institutions (EFI), the World Bank's Chief Economist for Growth, Finance and Institutions (EFI), held a seminar to introduce the main points of the report.
The report states that developing countries need to dramatically expand agricultural innovation and farmers' use of technology to eradicate poverty and respond to rising food demand and address the adverse effects of climate change.
How IFAD is Responding to the Opportunities and Challenges in West and Central Africa
WCA Regional Implementation Retreat
Dakar, Senegal
8 to 11 November, 2010
Large scale land acquisitions and responsible investment in Africafutureagricultures
Presentation by Ruth Hall at the event "The Political Economy of Agricultural Policy Processes in Africa", September 2014.
http://www.future-agricultures.org/events/the-political-economy-of-agricultural-policy-processes-in-africa
Agricultural investment is a key driver of farm productivity and can play an important role in poverty reduction – but the kind of investment matters. This presentation by IWMI's Greenwell Matchaya provides a breakdown of the different types of agricultural investment, how effective they are and how they might be fine-tuned.
The Brussels Development Briefing no. 48 on “Strengthening rural livelihoods in the face of rapid urbanisation in Africa” took place on 20th March 2017 from 14:00 to 18:00, at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels, Room C). This Briefing was co-organised by CTA, BMZ/GIZ, the ACP Secretariat, European Commission (DG DEVCO) and Concord
The presentation is about the main characteristics of the MIRAB model and the Pacific small islands it described, their sustainability and vulnerabilities.
Mobilizing Youth within Phase 2 CGIAR CRPsIFPRI-PIM
Joint presentation by CIRAD Research Director Bruno Losch and PIM Director Karen Brooks at the CGIAR workshop on youth in agriculture and its role in the second phase of CGIAR. Research Programs (CRPs).
CGIAR Consortium Office, Montpellier, September 8-9, 2015.
African Farmers, Value Chains, and African DevelopmentIFPRI-PIM
PIM Webinar/Book Launch, December 9, 2021.
At first glance, African smallholder farmers might seem unproductive, as their crops yield much less than potential and are often of variable quality. A new PIM-supported book “African Farmers, Value Chains, and Agricultural Development” argues that in fact they are largely producing following rational economic decisions, and that this situation is a consequence of the economic and institutional environment in which they produce. The authors Alan de Brauw and Erwin Bulte discuss ways that different types of transaction costs limit their market opportunities in general, including transport costs but also costs related to different sources of risks, trust, market power, liquidity, and even storage.
More information and full webinar recording: https://bit.ly/3rMpdTi
Poverty alleviation strategies - use of fiscal instruments and other public p...ROBERTO VILLARREAL
This presentation analyzes in a stylized fashion the use of fiscal instruments, particularly taxes, grants and subsidies, for the aim of reducing poverty. It is argued that the adequate use of these instruments combined with other public policies for social equity and inclusion are conducive to poverty eradication.
Degrowth in the Global South: scientific and policy perspectives (Julien-Fran...Laurens van der Wal
Lecture by Dr. Julien-François Gerber from the International Institute of Social Studies (ISS) with Q&A. Recorded at the first Dutch degrowth symposium in Utrecht on 28th of june 2019.
Lezing door Dr. Julien-François Gerber van het International Institute of Social Studies (ISS) met Q&A. Opgenomen tijdens het eerste Nederlandse degrowth symposium in Utrecht op 28 juni 2019.
Find a summary of the event here: https://ontgroei.degrowth.net/utrecht-degrowth-symposium/
Webinar: COVID-19 risk and food value chains (presentation 3)IFPRI-PIM
Presentation "COVID-19 Impacts on Fish Value Chains in Nigeria" by Ben Belton, MSU/WorldFish.
More info and recording of this webinar:
https://bit.ly/COVID-FVC
By Gert-Jan Stads, ASTI Program Coordinator, International Food Policy Research Institute. Presentation given at ASTI seminar at CIAT, Cali, Colombia, August 27, 2012
Agricultural investment is a key driver of farm productivity and can play an important role in poverty reduction – but the kind of investment matters. This presentation by IWMI's Greenwell Matchaya provides a breakdown of the different types of agricultural investment, how effective they are and how they might be fine-tuned.
The Brussels Development Briefing no. 48 on “Strengthening rural livelihoods in the face of rapid urbanisation in Africa” took place on 20th March 2017 from 14:00 to 18:00, at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels, Room C). This Briefing was co-organised by CTA, BMZ/GIZ, the ACP Secretariat, European Commission (DG DEVCO) and Concord
The presentation is about the main characteristics of the MIRAB model and the Pacific small islands it described, their sustainability and vulnerabilities.
Mobilizing Youth within Phase 2 CGIAR CRPsIFPRI-PIM
Joint presentation by CIRAD Research Director Bruno Losch and PIM Director Karen Brooks at the CGIAR workshop on youth in agriculture and its role in the second phase of CGIAR. Research Programs (CRPs).
CGIAR Consortium Office, Montpellier, September 8-9, 2015.
African Farmers, Value Chains, and African DevelopmentIFPRI-PIM
PIM Webinar/Book Launch, December 9, 2021.
At first glance, African smallholder farmers might seem unproductive, as their crops yield much less than potential and are often of variable quality. A new PIM-supported book “African Farmers, Value Chains, and Agricultural Development” argues that in fact they are largely producing following rational economic decisions, and that this situation is a consequence of the economic and institutional environment in which they produce. The authors Alan de Brauw and Erwin Bulte discuss ways that different types of transaction costs limit their market opportunities in general, including transport costs but also costs related to different sources of risks, trust, market power, liquidity, and even storage.
More information and full webinar recording: https://bit.ly/3rMpdTi
Poverty alleviation strategies - use of fiscal instruments and other public p...ROBERTO VILLARREAL
This presentation analyzes in a stylized fashion the use of fiscal instruments, particularly taxes, grants and subsidies, for the aim of reducing poverty. It is argued that the adequate use of these instruments combined with other public policies for social equity and inclusion are conducive to poverty eradication.
Degrowth in the Global South: scientific and policy perspectives (Julien-Fran...Laurens van der Wal
Lecture by Dr. Julien-François Gerber from the International Institute of Social Studies (ISS) with Q&A. Recorded at the first Dutch degrowth symposium in Utrecht on 28th of june 2019.
Lezing door Dr. Julien-François Gerber van het International Institute of Social Studies (ISS) met Q&A. Opgenomen tijdens het eerste Nederlandse degrowth symposium in Utrecht op 28 juni 2019.
Find a summary of the event here: https://ontgroei.degrowth.net/utrecht-degrowth-symposium/
Webinar: COVID-19 risk and food value chains (presentation 3)IFPRI-PIM
Presentation "COVID-19 Impacts on Fish Value Chains in Nigeria" by Ben Belton, MSU/WorldFish.
More info and recording of this webinar:
https://bit.ly/COVID-FVC
By Gert-Jan Stads, ASTI Program Coordinator, International Food Policy Research Institute. Presentation given at ASTI seminar at CIAT, Cali, Colombia, August 27, 2012
Smallholder and SME Investment Finance (SIF) FundExternalEvents
https://webapps.ifad.org/members/eb/120/docs/EB-2017-120-R-26.pdf
IFAD plans to introduce the Smallholder and Small and Medium-Sized Enterprise
Investment Finance Fund (SIF) to invest in smallholder organizations and rural
SMEs. This will be set up in an operating environment that
will jointly support agricultural value chains and apply de-risking mechanisms.
By Gert-Jan Stads, ASTI program coordinator, International Food Policy Research Institute.
Presented at the Development Partners Business Meeting on CAADP
Brussels | 5–6 February 2013
The Near East and North Africa Regional Water Scarcity InitiativeFAO
The Near East and North Africa Regional Water Scarcity Initiative, By Jean-Marc Faurès, Land and Water Division, Land and Water Days in Near East & North Africa, 15-18 December 2013, Amman, Jordan
Georgian smallholder agriculture: to be or not to be? ExternalEvents
Lars Brink. Materials of the workshop: Trade Policy, WTO and Development of Agricultural Markets in the Post-Soviet Countries, organized by FAO 5 October, Tbilisi, Georgia http://www.fao.org/economic/est/est-events-new/tpps/en/
ASTI collects primary data for low- and middle-income countries through national institutional surveys and in recent years has collected detailed quantitative data on a large number of South Asian and sub-Saharan African countries. In efforts to fill some of the geographical gaps for other regions, ASTI has been collaborating with the GFAR, AARINENA, APAARI, CACAARI, FORAGRO and a network of national partners to collect additional data for the development of an accurate assessment of public agricultural R&D spending at the global level.
Visit the conference site for more information: http://www.egfar.org/gcard-2012
Public finance can have a critical role in mobilizing more and better private investment in a sector that will be critical for the success of the new sustainable development agenda.
01062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
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An astonishing, first-of-its-kind, report by the NYT assessing damage in Ukraine. Even if the war ends tomorrow, in many places there will be nothing to go back to.
31052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
El Puerto de Algeciras continúa un año más como el más eficiente del continente europeo y vuelve a situarse en el “top ten” mundial, según el informe The Container Port Performance Index 2023 (CPPI), elaborado por el Banco Mundial y la consultora S&P Global.
El informe CPPI utiliza dos enfoques metodológicos diferentes para calcular la clasificación del índice: uno administrativo o técnico y otro estadístico, basado en análisis factorial (FA). Según los autores, esta dualidad pretende asegurar una clasificación que refleje con precisión el rendimiento real del puerto, a la vez que sea estadísticamente sólida. En esta edición del informe CPPI 2023, se han empleado los mismos enfoques metodológicos y se ha aplicado un método de agregación de clasificaciones para combinar los resultados de ambos enfoques y obtener una clasificación agregada.
‘वोटर्स विल मस्ट प्रीवेल’ (मतदाताओं को जीतना होगा) अभियान द्वारा जारी हेल्पलाइन नंबर, 4 जून को सुबह 7 बजे से दोपहर 12 बजे तक मतगणना प्रक्रिया में कहीं भी किसी भी तरह के उल्लंघन की रिपोर्ट करने के लिए खुला रहेगा।
03062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
Presentation by FAO at KSLA workshop on investment in developing country agriculture
1. Workshop on investment in developing country agriculture
KSLA
The Royal Swedish Academy of Agriculture and Forestry
11 November
2013
Impacts of foreign agricultural investments in developing countries
& PRINCIPLES FOR RESPONSIBLE AGRICULTURAL INVESTMENT
Jesper Karlsson ericjesper.karlsson@fao.org
Trade and Markets Division
Food and Agriculture Organization of the United Nations
2. Investment in developing country agriculture
AMONG THE MOST EFFICIENT WAYS TO REDUCE POVERTY AND HUNGER
•Hunger and poverty are most prevalent in subSaharan Africa and South Asia
•Both regions have low levels of investment and farm
capital per worker has been stagnant for 3 decades
•Many countries that have increased investment are
on the way to reach the hunger target of the MDGs
•Nevertheless, at least 870 million people are still hungry, and with shifting consumption patterns, a
growing world population and increased pressure on natural resources the future strains on
agriculture are potentially overwhelming
Political commitment and more investments are needed
to feed 9 billion people in a sustainable manner
3. Investment in developing country agriculture
FARMERS AT THE CENTRE
Smallholders constitute the majority of the poor,
yet they are the largest agricultural investors in
developing countries (SOFA 2012)
Smallholders can:
feed growing urban populations and ensure
that cash is cycled back to rural economies
play a key role in a shift to agri-food systems
to systems that produce more while using
less resources and regenerates eco-system
services (Save and Grow 2011)
This requires public investment in infrastructure,
R&D, education and rural social services and
enabling institutional environments
Domestic micro, small and medium sized enterprises dominate investment in processing and
marketing and are essential for the development of value chains that benefits poor rural
producers and poor urban consumers
4. Foreign investment in developing country agriculture
Foreign investment along the value chain can play a role in filling
the gap between current and needed investment levels
Foreign investment can bring benefits including job creation,
market access, technology transfer and increased production
In aggregate foreign investment plays a smaller role than domestic
investment
Occasionally foreign investment has had transformative impact at
the local level
But benefits of agricultural investment cannot be expected to arise
automatically and some forms carry risks
Regulation, knowledge and dialogue needed
5. Principles for Responsible Agricultural Investment
THAT RESPECT RIGHTS, LIVELIHOODS AND
RESOURCES (PRAI)
The Inter-Agency Working Group (IAWG), consisting of FAO, IFAD, UNCTAD and the World Bank have
committed themselves to promote responsible investment in agriculture through the generation of empirical
evidence and by supporting various consultation processes
The Principles for Responsible Agricultural Investment (PRAI), proposed jointly by the IAWG in 2010,
is:
a response to calls for international regulation of foreign large-scale land acquisitions, but they may
apply to various forms of foreign and domestic investment
a “living document” to be updated with the results of ongoing research, field-testing and dialogues
voluntary and not a substitute to national laws and regulations, international treaties or public action
6. The IAWG Action Plan
ON RESPONSIBLE AGRICULTURAL INVESTMENT
Track 1
•Analysis of trends & impacts of large
private agricultural investment
•Review of relevant standards &
initiatives
Track 2
• 5 international consultations
&15 outreach events (20102011)
•2012 CFS rai consultation
•Draft guide on screening existing
policy frameworks
•Retrospective analysis of 179
agribusiness investments
•Participatory field testing at project &
country level
•Next step: Pilot-use of principles on
start-up investments in 10 SSA
countries, 2014-2015
•Other consultation processes
7. Trends and impacts of foreign investment
in developing country agriculture
• Evidence from case studies in 9 countries
• Foreign investment in primary production
• Land acquisitions & other models
• Download as PDF or e-book
8. What do we know about trends in agricultural FDI to developing countries?
Figure 7: Share of Agriculture in Total FDI Flows
9
•Difficult to quantify
8
•Substantial increase in recent years
7
•Still less than 5 percent of total inward FDI
percent (%)
6
5
4
7.8
3
4.9
4.7
4.6
2
1
1.8
2.4
0
1980-85
1986-90
1990-95
1996-00
2000-05
2006-08
9. Most agricultural FDI to developing countries are in downstream activities
Figure 8b: FDI Flows to Primary and Secondary Agriculture, 1980-2008
450000
400000
350000
Secondary
250000
200000
150000
100000
50000
Primary
0
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
Million USD
300000
10. What do we know about impacts of agricultural foreign
agro-investment in developing countries?
• Caution in interpretation of data
• But a growing body of empirical evidence (from IAWG and a
wide array of other actors)
• High variability of impacts
• High variability of determinants including business model,
aim and ambitions of farmers and investors and local,
national and global governance and political economy
factors
11. Business models:
How assets of parties are combined is an important determinant of impacts
“Enabling environment”: local, national, regional & global Institutional settings
Smallholders/
local communities
Companies/
outside investors
Land
Financial capital
Labour
Market &
management skills
Local knowledge/
technology
Specialized
knowledge/
technology
12. Large-scale land acquisitions in developing countries
• Negative local impacts of mega-land deals
in countries with weak institutions and
poorly protected land rights are well
documented & often outweigh the few
benefits:
job generation, with caveats
displacement, loss of livelihoods,
environmental damage, conflicts…
• Outside investors with a long-term
perspective need to understand complex
tenure systems and respect land rights –
simply holding a title of land is not enough:
overlapping land claims, conflicts, delays
or halts in implementation & reputational
damage often lead to incalculable costs
13. Inclusive business models for “win-win-win”
• Local benefits when small-scale farmers
control land and are involved in decision
making:
Job creation (many more jobs per
hectare than large-scale plantations),
value addition, higher incomes, higher
productivity …
• Potential benefits for outside investors:
access to agricultural products without
risks and costs of acquiring land and
hiring labour, good relationships with
and access to knowledge of local
communities, good reputation…
14. A partnership between smallholders and a food processing
company in Senegal
• Tomato outgrower scheme involving 12 000 small-scale farmers and a
company with French origins
• The farmers use 0.2-0.3 hectares of their own land for the scheme
• Most of them also grow other crops for self-consumption or market
• A participatory and industry-wide decision making body involving all
stakeholder groups has been key for the relative success
Disagreements between parties in the past, limited technology
transfer, production increases from area expansion rather than
sustainable intensification putting pressure on land and water
Improved purchasing power and access to food for involved
farmers and fulfillment of large domestic demand for processed
tomato products
15. A Nucleus Estate with Smallholder scheme for certified organic
mangos in Ghana
•
The Integrated Tamale Fruit Company with a mix of Dutch and domestic
shareholders
•
80-90 % for export, 10-20 % for the domestic market
•
155 hectare acquired for a Nucleus Estate with 85 workers
•
486 ha under customary tenure used by 1 200 outgrowers
•
250 staff for nursery, extension services and storage activities
•
Financially viable operation but made possible by strong support from the
Government, NGOs & International Organizations
•
An Outgrower Association gives voice to farmers
Strong local support, good national reputation, improved livelihoods,
local processing, large production potential with organic farming
techniques
16. No single business model for all contexts
There may be a place for some large-scale plantations in the context of a country’s development strategy (the upper
threshold in size depends on a host of factors including land abundance/ population density, choice of crop and local
tenure systems).
Hybrid models in which a nucleus estate expands through outgrower arrangement with surrounding smallholders
rather than through more land acquisitions have been successful for a number of industrial crops
Start-ups and innovative models carry substantial financial and social risks but occasionally have transformative
positive impacts
Investment in already existing agribusinesses is less risky and can increase sustainability of projects operating below
capacity
BIG OR SMALL, BE RESPONSIBLE!
17. “Agribusiness is not for the naïve or overconfident”
•
Financial and social failures of agribusiness projects have often
been caused by the application of “flawed concepts” such as wrong
location, wrong crop, lack of stakeholder dialogue, over-expectations
and ignorance of risks
•
In many cases, flaws could have been detected before approval or
during pilot stages of a project
•
Given the risks of new investment projects, a gradual approach is
recommended: start relatively small and expand only when initial
financial, management, social and environmental risks are resolved
•
Proper pre-screening, impact assessments and consultation with
affected populations are time-consuming and tedious exercises –
but cost-effective if one consider the downsides of “lose-lose”
situations
18. The institutional framework
– a key determinant of volumes, quality and impacts of investment
“Enabling environment”: local, national, regional & global Institutional settings
Smallholders/
local communities
Companies/
outside investors
Land
Financial capital
Labour
Market &
management skills
Local knowledge/
technology
Specialized
knowledge/
technology
19. National policy frameworks should encourage
responsible agricultural investment
•
Domestic legal and institutional frameworks are key for outcomes of
investment, but often mired by political economy factors and lack of
resources
•
Investment strategies and incentives to investments should be
applied in a predictable and fair manner and consistent with national
development objectives
•
Land rights of local communities, including vulnerable groups,
should be identified, recognized and protected – the Voluntary
Guidelines on the Responsible Governance of Tenure is useful
•
Given the trend towards more socially inclusive investments,
governments can afford to be picky about which types of
investments they want
20. Be patient and supportive
Due to long gestation periods of agro-investment, asymmetries of
power, learning needs etc., successful projects requires patience
PPPs, patient capital and public support, especially in early stages of a
project, can help to achieve social, environmental and economic goals
21. Ensure that investments are inclusive and consistent
with local visions of development
•
Encourage involvement through e.g. participatory land use planning and
multi-stakeholder dialogues on agricultural investment
•
Take proactive measures to address gender and equity implications
•
Support representative local organizations such as farmer groups
Voluntary principles for responsible agricultural investment can help
23. Principles for Responsible Agricultural Investment
THAT RESPECT RIGHTS, LIVELIHOODS AND RESOURCES (PRAI)
Key elements
1.
2.
3.
4.
5.
6.
7.
Respect of tenure rights
Do not jeopardize but rather strengthen food security
Governance framework ensures transparency and accountability
Consult & involve stakeholders
Investors must respect laws and ensure durable shared value
Generate positive social impacts
Ensure environmental sustainability
24. The CFS process to develop rai principles
• An inclusive consultation process to develop principles for
responsible agricultural investment in the context of food security
and nutrition (rai)
• Broad scope: “all types of investment in agricultural value chains and
food systems “
– “[...] include foreign and domestic, public and private, small, medium
and large scale investments.”
– potential users: “all stakeholders that are involved in, benefit from,
or are affected by agricultural investments[...]”
• Builds on existing instruments including the Voluntary Guidelines on the
Responsible Governance of Tenure, the Voluntary Guidelines on the
Right to Food and PRAI.