Proceedings of the International Conference on Innovative Model for Inclusive and Sustainable Agribusiness Development through Public Private Producer Partnerships (4Ps)
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Date
2018-03-21
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IFAD
Abstract
In partnership with the International Fund for Agricultural Development (IFAD), the Government is supporting a more modern approach to agricultural and rural transformation – one that is market-oriented, producer-oriented, promotes technological innovations, and leverages investment and financing from the private sector and financial (banking) sector. The recently completed IFAD-financed National Agribusiness Development Programme (NADeP) and the current ongoing Smallholder Agribusiness Partnerships Programme (SAP) encompass these principles.
The public sector is facilitating mutually beneficial (win-win) Public-Private-Producer Partnerships (4Ps) between smallholder farmers and private companies in response to clear market opportunities. This is achieved by strategically combining public and private sector funds and advice to address smallholders’ needs in terms of access to market, technology, organization and scale, good agricultural practices, and affordable credit; and by creating a favorable policy and regulatory environment for the agribusiness and financial sector to expand outreach towards rural clients and become overall more competitive.
The private sector is also increasingly demonstrating willingness to partner with smallholder producers to respond to these market opportunities. Subsequently, NADeP has brokered and delivered 17 inclusive value chain projects, pioneering the 4P model in Sri Lanka, with notable impact on rural smallholder income and livelihood conditions. The main objective of the knowledge-sharing conference was to share innovative solutions in terms of instruments, structure and 4P modalities that enable small producers and small enterprises to improve their food security, income and livelihood conditions, whilst contributing to overall rural transformation.
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Keywords
Agriculture, Public-Private-Producer-Partnership (4P), Sri Lanka, Agribusiness, Innovative Marketing, Sustainable Development, Insurance, Credit