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Matching grant programmes: An effective approach to channel remittances into sustainable investment in agribusiness?

FSN Forum report of activity, No. 177










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    Book (series)
    Leveraging remittance-based matching grants for investing in agribusiness development
    Leaving no migrants behind
    2024
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    Insufficient public financing under current fiscal constraints demands more private financing to support investment in agrifood systems. Despite the general enthusiasm for using remittances for development, initiatives face challenges in consistently directing these funds into productive endeavours. While efforts have mainly focused on collective or philanthropic remittance-based mechanisms, individual remittance-based mechanisms align better with the financial capabilities and remittance patterns of most migrants. This document first explores the available knowledge on individual remittances and their harnessing for business development using cash-based matching grant schemes and subsequently provides evidence on the implementation of such schemes in a rural setting. Against this backdrop, it then discusses recommendations and best practices on how to implement a programme for harnessing individual remittances for agribusiness development using a cash-matching grant scheme that could be scaled up or emulated.
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    Brochure, flyer, fact-sheet
    Boosting the contribution of diaspora to agribusiness 2023
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    Diaspora contribute to the development of their countries of origin through remittances and investments, but also by transferring knowledge, technologies and skills. Boosting the contribution of diaspora to agribusiness is one of the priorities of FAO’s work on rural migration. It aims to help migrants and diaspora contribute resources and skills to rural areas and support agro entrepreneurs through mentorship, coaching and investments. The leaflet is part of a brochure that presents FAO’s work on rural migration and each priority for action. The leaflet includes a description of what FAO does, with whom and why, presenting tangible results and stories from the field.
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