As part of the strategic partnership ‘Food for All’ between the World Bank Group and the Netherlands, the Netherlands Enterprise Agency, IFC, and IUCN organized an event on GAFSP and the impact of Climate Smart Agriculture on October 28, 2016. Climate change affects companies in the agro-food and beverage sectors all around the world. They face increasing risks: from reduced productivity, new laws and policies, to reputation risks or volatile market prices. Effectively managing risks and opportunities of climate change is vital to secure long-term viability of companies and value chains. Integrating climate smart agricultural techniques and projects in business operations can help firms to become more climate-resilient and in the meantime reduce pressure on forests and other ecosystems and the services they provide. Especially in developing countries, climate change implies challenges to food security and sustainable food production and trade.
During this one day event in The Hague, the private sector, knowledge institutions, and NGOs engaged in agribusiness in developing countries convened and discussed the impact of climate change on agriculture, irrigation and deforestation. IFC, the private sector branch of the World Bank Group, invests heavily in agribusiness in developing countries and emerging markets, and therefore has a great interest in exchanging experiences on investment opportunities, climate smart technologies and challenges in value chain operations with the dutch private sector and organizations.
We can share the following IFC presentations: