Future of Food : Maximizing Finance for Development in Agricultural Value Chains
Current levels of investment in agricultural value chains are insufficient to achieve key development goals including ending poverty and hunger, boosting shared prosperity through more and better jobs, and better stewarding the world’s natural reso...
| Main Authors: | , , , |
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| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/593641523880972785/Future-of-food-maximizing-finance-for-development-in-agricultural-value-chains http://hdl.handle.net/10986/29686 |
| Summary: | Current levels of investment in
agricultural value chains are insufficient to achieve key
development goals including ending poverty and hunger,
boosting shared prosperity through more and better jobs, and
better stewarding the world’s natural resources by 2030.
Crowding-in private investment to help achieve these goals
and optimizing the use of scarce public resources will be
needed, as will the continued promotion of good governance
and environmental and social sustainability. Increasing
private sector investment and associated financing will
require identifying and understanding market failures
currently leading to the sub-optimal private provision of
goods and services needed to achieve key development goals.
Where the private sector is already investing in
agricultural value chains, promoting responsible investment
can help increase development impacts. Crowding-in more
private investment requires increasing the space for private
sector activity, improving the policy and regulatory
environment, and considering options for using public
financing to improve private incentives and to reduce
transaction costs and risks, including blended finance
solutions. While these actions can help induce more private
investment, there is still a critical need for public
resources to finance essential public goods and services
such as human capital, agricultural research, and
complementary public infrastructure |
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