G20 Leaders Express Support for AgResults

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November 25, 2014

AgResults is a tangible example of efforts initiated by the Group of Twenty (G20) to create an inclusive approach to achieve food security and nutrition. During the 2010 Leader’s Summit in Toronto, the G20 leaders recognized the need to identify innovative ideas that could harness private solutions to solve development challenges. Committed leaders began to discuss potential mechanisms and arrived at the idea of leveraging private incentives through “pull mechanisms” to promote food security, health and nutrition. In contrast to traditional grant models, pull mechanisms reward achievement of pre-defined results by incentivizing the private sector to overcome market imperfections. By 2012, the G20 leaders were ready and eager to announce the launch of AgResults at the Leaders’ Summit that took place in Los Cabos.  The initiative would address these challenges through pull mechanisms that pay for results with significant donations from the governments of Australia, Canada, the United Kingdom, the United States, as well as the Bill and Melinda Gates Foundation.

At the G20 Leaders’ Summit that took place in Brisbane, Australia from November 15-16, 2014, representatives from 19 nations and the European Union gathered to discuss some of the most pressing global economic challenges, including food insecurity and malnutrition. The unique convening power of the forum allows for emerging economies and wealthy nations to share their diverse perspectives on prominent development issues and collectively drive solutions that can tackle existing challenges and foment sustainable growth. Food security and nutrition remain a top priority for the G20, particularly because of their relevance to, and impact on, sustainable economic growth. In Brisbane, G20 leaders recognized and reinforced the importance of addressing these issues. As part of this process, the G20 has developed a Food Security and Nutrition Framework, which delineates three key priority objectives, to increase: i) “responsible investment in food systems” through an inclusive approach that combines public with private efforts, ii) “incomes and quality employment food systems”, and iii) “productivity sustainably to expand the food supply.” With these objectives in mind, AgResults was praised by donors and G20 leaders and cited in G20 documents made public in Brisbane (including the Food Security and Nutrition Framework) as an example of innovative efforts to tackle food insecurity and malnutrition.

AgResults has pilot projects in Nigeria, Kenya, Zambia, and Uganda and is currently developing future interventions in other regions.  AgResults also continues to maintain communication with G20 leaders and donors. In September 2014, Marc-André Mineau of Canada, a member of the AgResults’ Steering Committee, attended the G20 Development Working Group (DWG) meeting to share insights from the initiative.  Tristan Armstrong of Australia, another member of the AgResults Steering Committee, has also facilitated communication of key issues with the G20 taking place in Australia in 2014. The AgResults team is thus proud of what has been accomplished with the support of G20 donors and partners, and excited to continue learning from the development of pull mechanisms aimed at addressing the issues of nutrition, food security and health, while also stimulating sustainable economic growth. 

 

Type of Post: News

November 25, 2014

AgResults is a tangible example of efforts initiated by the Group of Twenty (G20) to create an inclusive approach to achieve food security and nutrition. During the 2010 Leader’s Summit in Toronto, the G20 leaders recognized the need to identify innovative ideas that could harness private solutions to solve development challenges. Committed leaders began to discuss potential mechanisms and arrived at the idea of leveraging private incentives through “pull mechanisms” to promote food security, health and nutrition. In contrast to traditional grant models, pull mechanisms reward achievement of pre-defined results by incentivizing the private sector to overcome market imperfections. By 2012, the G20 leaders were ready and eager to announce the launch of AgResults at the Leaders’ Summit that took place in Los Cabos.  The initiative would address these challenges through pull mechanisms that pay for results with significant donations from the governments of Australia, Canada, the United Kingdom, the United States, as well as the Bill and Melinda Gates Foundation.

At the G20 Leaders’ Summit that took place in Brisbane, Australia from November 15-16, 2014, representatives from 19 nations and the European Union gathered to discuss some of the most pressing global economic challenges, including food insecurity and malnutrition. The unique convening power of the forum allows for emerging economies and wealthy nations to share their diverse perspectives on prominent development issues and collectively drive solutions that can tackle existing challenges and foment sustainable growth. Food security and nutrition remain a top priority for the G20, particularly because of their relevance to, and impact on, sustainable economic growth. In Brisbane, G20 leaders recognized and reinforced the importance of addressing these issues. As part of this process, the G20 has developed a Food Security and Nutrition Framework, which delineates three key priority objectives, to increase: i) “responsible investment in food systems” through an inclusive approach that combines public with private efforts, ii) “incomes and quality employment food systems”, and iii) “productivity sustainably to expand the food supply.” With these objectives in mind, AgResults was praised by donors and G20 leaders and cited in G20 documents made public in Brisbane (including the Food Security and Nutrition Framework) as an example of innovative efforts to tackle food insecurity and malnutrition.

AgResults has pilot projects in Nigeria, Kenya, Zambia, and Uganda and is currently developing future interventions in other regions.  AgResults also continues to maintain communication with G20 leaders and donors. In September 2014, Marc-André Mineau of Canada, a member of the AgResults’ Steering Committee, attended the G20 Development Working Group (DWG) meeting to share insights from the initiative.  Tristan Armstrong of Australia, another member of the AgResults Steering Committee, has also facilitated communication of key issues with the G20 taking place in Australia in 2014. The AgResults team is thus proud of what has been accomplished with the support of G20 donors and partners, and excited to continue learning from the development of pull mechanisms aimed at addressing the issues of nutrition, food security and health, while also stimulating sustainable economic growth.