Financing for nutrition: Leveraging the pivotal role of Public Development Banks

17 December 2021

18:00-19:00 (JST) | 10:00-11:00 (CET)

Side event for the Nutrition for Growth (N4G) Summit

Recent estimates suggest that transforming food systems to deliver healthy people, a healthy planet, and a healthy economy will require an extra US$300–US$350 billion per year over the next decade. Meeting these needs requires scaling up and enhancing coordination between all sources of finance so that they work together in alignment with the 2030 Agenda and the objectives of the Paris Agreement.

With their development mandate and proximity to public policy and governance institutions, Public Development Banks (PDBs) have a particular responsibility to catalyse a change of course across local and global financial ecosystems.

This includes mobilizing sustainable and green finance, structuring blended solutions and public-private financing schemes, developing and modelling the use of metrics and methodologies, adopting digital solutions, and delivering a suite of financial services and products for a diverse range of actors in food systems, especially small-scale producers, women and youth.

This event will focus on the pivotal role of PDBs in food and nutrition. The PDB coalition proposed by IFAD will also be presented. This initiative seeks to improve PDBs’ capacity to contribute to the transformation of sustainable food systems that can provide good and adequate nutrition to everyone.