Banks: Platform to promote green investments in the food industry – English


(ANSA) – Rome, October 19 – A new platform will stimulate inclusive and green investments in agriculture and in food production, packaging and transport activities, going “from farms to consumers”, under of a project announced Tuesday at the ‘Finance en commun’.

The project launched by more than 20 public development banks was created thanks to an initiative of the International Fund for Agricultural Development (IFAD), in collaboration with the French Development Agency (AFD) and the first Italian investment bank Cassa Depositi e Prestiti (CDP).

“With investments totaling almost two-thirds of formal finance in agriculture, public development banks can have a huge impact on the lives of rural people and ensure the adoption of more sustainable farming practices, which can at the same time help small farmers to adapt to climate change and earn more, ”said IFAD President Gilbert F. Houngbo.

He added: “the platform is a concrete and important step towards this change”.

The creation of a platform for ecological and inclusive food systems was announced at the start of the two-day summit which brings together representatives from governments, public development banks, international financial institutions, private companies, distinguished members civil society and farmers’ organizations.

It will help public development banks to boost their investments and promote greener and more inclusive food systems, in line with – and helping to achieve – the sustainable development goals set by the Paris Agreement in 2015. (ANSA) ( ANSAmed).



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