📸 ECDPM's Francesco Rampa moderated a distinguished FAO 𝗥𝗼𝘂𝗻𝗱𝘁𝗮𝗯𝗹𝗲 𝗼𝗻 𝗖𝗼𝗳𝗳𝗲𝗲 𝗩𝗮𝗹𝘂𝗲 𝗖𝗵𝗮𝗶𝗻: 𝗘𝗻𝗮𝗯𝗹𝗶𝗻𝗴 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝘁𝗵𝗲 𝗛𝗮𝗻𝗱-𝗶𝗻-𝗛𝗮𝗻𝗱 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲 𝗮𝗻𝗱 𝗚𝟳 𝗦𝘂𝗽𝗽𝗼𝗿𝘁
Coffee is crucial for the livelihoods of millions of farmers worldwide, but clearly heavily impacted by climate change. The event highlighted the need for a more comprehensive and coordinated approach to investment beyond scattered projects.
Blended finance was presented as a key mechanism to attract greater investment by leveraging public resources to de-risk investments and attract private capital, e.g. the proposed Global Public-Private Coffee Fund
However, financial solutions alone are not sufficient to improve livelihoods.
The discussion pointed to a need for investments that support a multifaceted transition in coffee value chains, focussing on:
💪 Building Resilience: research and development to create new varieties more resilient to climate change, as well as helping farmers adapt to changing conditions
🌱 Ensuring Sustainability: Investments need to support the adoption of sustainable agricultural practices and compliance with evolving regulations, e.g. the EU's on deforestation
📈 Improving Productivity and Value Addition: Investments in modernizing processing facilities and improving access to markets can help producers capture greater value from their production
With
- Maximo Torero, Chief Economist, FAO
- Carla Montesi, Director of Green Deal & Digital Agenda, DG INTPA
- Gerardo PATACCONI, Head of Operations, International Coffee Organization
- Mohamed Manssouri, Director, FAO
- Antonella Baldino, CDP Cassa Depositi e Prestiti
- Mario Cerutti, Lavazza Group
- Esteban Del Hierro Paredes, Ministry of Agriculture and Livestock, Ecuador
- Jonathan Mueke, Ministry of Agriculture and Livestock Development, Kenya
- Adugna Debela, Ethiopian Coffee and Tea Authority