My day at
#UNGA81, focused on how we turn pressure on food systems into investment in stronger, more resilient rural economies.
I began with Norway’s Minister of International Development,
@AsmundAukrust. Norway has been an important partner to
@IFAD, and our discussion came at a time when higher food, energy and fertilizer costs, conflict and climate shocks continue to put rural communities under pressure.
We agreed on the importance of investing before shocks become crises. Well-targeted public finance can reduce risk, strengthen markets and bring in the private capital needed to create jobs, raise incomes and protect development gains.
That same question of resilience was central to the
@wef Food Stewardship Board. Technology is opening new possibilities for rural communities, from AI-enabled agricultural advice to better climate and market information. But technology only delivers lasting results when it is connected to finance, infrastructure, skills and the people who will use it.
At the
@nopovertyhunger, with Spain, Brazil,
@the_IDB, Germany, Ethiopia, and Haiti, and four years remaining to achieve the
#SDGs the focus shifted from solutions to scale. Countries know many of the interventions that work. The challenge is aligning finance and partners behind national priorities and turning those priorities into investable programmes that can reach millions more people.
I also joined discussions around IFAD14 and met
@Microsoft President
@BradSmi. The private sector, technology companies, governments and development finance institutions all have a role in making rural markets more connected, productive and investable.
Across these conversations, the direction is clear. Public resources are constrained, but the need for investment is growing. We need to use those resources more strategically to reduce risk, mobilize additional capital and bring innovation closer to the first mile.
That is the ambition we are carrying into
#IFAD14. Stronger markets, more rural jobs and greater resilience, backed by partnerships capable of delivering investment at scale.
#FinancingTheFirstMile |
#UNGA