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Book (stand-alone)Innovations for inclusive agricultural finance and risk mitigation mechanisms 2016
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The Government’s Green Morocco Plan (Plan Maroc Vert) underlines agriculture’s important role and sets strategies to promote the sector’s development. Despite these efforts, however, important challenges remain. An important one refers to the availability of appropriate financial services for rural actors engaged in agriculture. The average capital required yearly to finance agriculture is estimated at 30 billion Dirhams. The Moroccan banking sector finances only 17 percent of such demand and Cr edit Agricole du Maroc is responsible for about 80 percent of this share of financing to agriculture. A significant part of the rural population composed of poorer households continues to see its financial needs satisfied mainly by informal financial service providers given the inability of the formal financial sector to reach rural areas with appropriate and sustainable products. This case study documents a particularly innovative model for providing financial services to poorer rural household s dependent on agriculture – the Tamwil El Fellah (TEF) model developed by the Groupe Crédit Agricole du Maroc (GCAM – the Morocco Agricultural Credit Group). TEF has built on the long-standing experience of financing the agriculture sector and the network of agencies and human resources of GCAM, putting in place its own business model with risk management mechanisms adapted to its specific client segment: farmers with small and medium-scale agribusinesses. The analysis presented in this study a ims to highlight important principles that can be applied by financial institutions and supporting organizations to promote inclusive rural and agricultural financial services the context of developing countries. -
BookletAnnual report on private sector engagement 2023 2024
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No results found.Engagement with the private sector represents an opportunity for FAO to more efficiently deliver on its mandate, advance progress towards the achievement of the Sustainable Development Goals, and ensure better production, better nutrition, a better environment and a better life for all, leaving no one behind. FAO’s Strategy for Private Sector Engagement 2021-2025 encourages a more open, proactive approach to working with the private sector to bring about transformative change and innovation, as well as sustainable impact and benefits. This report looks at how FAO's engagement with the private sector developed during in 2023, the third year of implementation of this strategy. It documents major achievements and lessons learned during the year, explores the diversity of private sector landscapes across FAO’s five regions, and outlines priorities for the year to come. -
BookletHand-In-Hand Initiative Lao People’s Democratic Republic concept note
Unlocking the potential of agriculture to eradicate poverty and malnutrition, revised version
2022Also available in:
No results found.The Hand-in-Hand Initiative (HHI) was launched by the Director-General of the Food and Agriculture Organization of the United Nations (FAO), QU Dongyu, to help tackle the slow and negative trends in achieving the SDG targets, in particular the persistence of extreme poverty, hunger and malnutrition. The evidence-based, country-led and country-owned Initiative seeks to accelerate the agricultural transformation and sustainable rural development and brings an innovative approach to partnering through match-making. Countries and their partners are empowered through sophisticated data sharing and model-based analytics to improve the targeting of policies, innovation and investment. HIHI is an inclusive process that aims to build partnerships, alliances and synergies among public and private actors, as well as the international development partners for the goals of eradicating poverty and hunger and reducing inequalities. It will channel the required resources – technical, financial, institutional and human capital – to where they are needed the most and where the potential for reaching the SDG 1, SDG 2 and SDG 10 targets is greatest. On the occasion of the FAO Director-General’s visit to Lao PDR in March 2020, the HIHI was discussed as an opportunity to address key impediments to achieving the SDG1, SDG2 and SDG10. The Government of Lao PDR (GoL) suggested the HIHI be implemented in the emerging economic corridor along the Lao-China railway line. This key national infrastructure connects the country with the world’s largest market, China and other countries in ASEAN – the Association of Southeast Asian Nations. HIHI enhances the capacity of previously isolated communities to effectively and sustainably take advantage of the emerging opportunities afforded by the railway. This concept note highlights a general approach and process to address key impediments to achieving SDG 1, 2 and 10 targets in Lao PDR. It intends to generate support, partnership and engagement from a wide range of new and traditional partners such as the private sector, international agencies, resource partners and the target communities themselves. The proposed approach and framework are not a blueprint but rather a flexible mechanism that will adapt to emerging opportunities and partnerships, building synergies with relevant ongoing and planned initiatives.`
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