IDEAS home Printed from https://ideas.repec.org/a/spr/ssefpa/v13y2021i6d10.1007_s12571-021-01210-7.html
   My bibliography  Save this article

Financing adaptation for resilient livelihoods under food system transformation: the role of Multilateral Development Banks

Author

Listed:
  • Leslie Lipper

    (Cornell University)

  • Romina Cavatassi

    (Research and Impact Assessment Division, International Fund for Agricultural Development)

  • Ricci Symons

    (Environment and Climate Change, Environment Climate Gender and Social Inclusion Division, International Fund for Agricultural Development)

  • Alashiya Gordes

    (Environment and Climate Change, Environment Climate Gender and Social Inclusion Division, International Fund for Agricultural Development)

  • Oliver Page

    (Latin America and Caribbean Region, International Fund for Agricultural Development)

Abstract

Climate change is imposing a transformative process on agricultural and food systems, threatening the livelihoods of people dependent upon them which includes a large share of the world’s poor people. Transformative adaptation that addresses the risks and vulnerabilities to livelihoods that climate change imposes is essential for effective and inclusive transformation of food systems. Financing that is adequate, accessible and appropriate is essential to realizing these objectives. Multilateral Development Banks (MDBs) are already playing an important role in financing transformative adaptation in the agri-food sector and are well-placed to address some of the existing shortcomings. Expanding public sector climate finance and incentivizing private sector investments is needed to attain adequate levels of financing. Reconsidering the rules and procedures for obtaining public sector finance and the capacity to utilize already existent administrative structures, as well as better targeting of activities and communities is important for accessibility. Appropriate finance requires use of mechanisms that address characteristics of the investment, including riskiness, delayed returns, high social values and new and unproven activities. Utilizing blended finance integrated with development finance can generate financing appropriate to the investment needs. Some positive shifts in these directions are already being undertaken by MDBs but more is required.

Suggested Citation

  • Leslie Lipper & Romina Cavatassi & Ricci Symons & Alashiya Gordes & Oliver Page, 2021. "Financing adaptation for resilient livelihoods under food system transformation: the role of Multilateral Development Banks," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 13(6), pages 1525-1540, December.
    • Handle: RePEc:spr:ssefpa:v:13:y:2021:i:6:d:10.1007_s12571-021-01210-7
    DOI: 10.1007/s12571-021-01210-7
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s12571-021-01210-7
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s12571-021-01210-7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Mizan Khan & Stacy-ann Robinson & Romain Weikmans & David Ciplet & J. Timmons Roberts, 2020. "Correction to: Twenty-five years of adaptation finance through a climate justice lens," Climatic Change, Springer, vol. 161(2), pages 271-271, July.
    2. Sophie Yeo, 2019. "Where climate cash is flowing and why it’s not enough," Nature, Nature, vol. 573(7774), pages 328-331, September.
    3. Arslan, Aslihan & Belotti, Federico & Lipper, Leslie, 2017. "Smallholder productivity and weather shocks: Adoption and impact of widely promoted agricultural practices in Tanzania," Food Policy, Elsevier, vol. 69(C), pages 68-81.
    4. Chambers, R. & Conway, G. R., 1991. "Sustainable rural livelihoods: Practical concepts for the 21st century," IWMI Books, Reports H032821, International Water Management Institute.
    5. Alfani, Federica & Arslan, Aslihan & McCarthy, Nancy & Cavatassi, Romina & Sitko, Nicholas J., 2019. "Climate-change vulnerability in rural Zambia: the impact of an El Nino-induced shock on income and productivity," ESA Working Papers 288949, Food and Agriculture Organization of the United Nations, Agricultural Development Economics Division (ESA).
    6. Asfaw, S., 2018. "Market Participation, Weather Shocks and Welfare: Evidence from Malawi," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277029, International Association of Agricultural Economists.
    7. Aleksandra Conevska & James Ford & Alexandra Lesnikowski & Sherilee Harper, 2019. "Adaptation financing for projects focused on food systems through the UNFCCC," Climate Policy, Taylor & Francis Journals, vol. 19(1), pages 43-58, January.
    8. Mizan Khan & Stacy-ann Robinson & Romain Weikmans & David Ciplet & J. Timmons Roberts, 2020. "Twenty-five years of adaptation finance through a climate justice lens," Climatic Change, Springer, vol. 161(2), pages 251-269, July.
    9. Solomon Asfaw & Giuseppe Maggio, 2018. "Gender, Weather Shocks and Welfare: Evidence from Malawi," Journal of Development Studies, Taylor & Francis Journals, vol. 54(2), pages 271-291, February.
    10. Tanja Havemann & Christine Negra & Fred Werneck, 2020. "Blended finance for agriculture: exploring the constraints and possibilities of combining financial instruments for sustainable transitions," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 37(4), pages 1281-1292, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Amadu, Festus O. & McNamara, Paul E. & Miller, Daniel C., 2020. "Understanding the adoption of climate-smart agriculture: A farm-level typology with empirical evidence from southern Malawi," World Development, Elsevier, vol. 126(C).
    2. Amadu, Festus O. & McNamara, Paul E. & Miller, Daniel C., 2020. "Yield effects of climate-smart agriculture aid investment in southern Malawi," Food Policy, Elsevier, vol. 92(C).
    3. Maggio, Giuseppe & Sitko, Nicholas, 2019. "Knowing is half the battle: Seasonal forecasts, adaptive cropping systems, and the mediating role of private markets in Zambia," Food Policy, Elsevier, vol. 89(C).
    4. Mkandawire, Dingase & Gbegbelegbe, Sika Dofonsou & Yami, Mastewal & Nsenga, Justus & Kenamu, Edwin & Manyong, Victor & Abdoulaye, Tahirou & Alene, Arega & Bamba, Zoumana, 2021. "Analysing Urban and Peri-Urban Youth Employment in Agribusiness in Malawi: A Mixed Methods Approach," 2021 Conference, August 17-31, 2021, Virtual 315214, International Association of Agricultural Economists.
    5. Kristina Fidali & Ofusina Toamua & Hemah Aquillah & Sereima Lomaloma & Placida Riah Mauriasi & Steve Nasiu & Aliti Vunisea & Sangeeta Mangubhai, 2023. "Can civil society organizations and faith‐based organizations in Fiji, Samoa, and Solomon Islands access climate finance?," Development Policy Review, Overseas Development Institute, vol. 41(S2), December.
    6. Haddis Solomon & Yoko Kijima, 2022. "Does Land Certification Mitigate the Negative Impact of Weather Shocks? Evidence from Rural Ethiopia," Sustainability, MDPI, vol. 14(19), pages 1-17, October.
    7. Deißler, Luzia Karin & Krause, Henning & Grote, Ulrike, 2021. "Gender Dynamics and Food Security in the Kenyan African Indigenous Vegetables Supply Chain," 2021 Conference, August 17-31, 2021, Virtual 314983, International Association of Agricultural Economists.
    8. Heidi K. Edmonds & C. A. Knox Lovell & Julie E. Lovell, 2022. "The Inequities of National Adaptation to Climate Change," Resources, MDPI, vol. 12(1), pages 1-26, December.
    9. P. P. Stoll & W. P. Pauw & F. Tohme & C. Grüning, 2021. "Mobilizing private adaptation finance: lessons learned from the Green Climate Fund," Climatic Change, Springer, vol. 167(3), pages 1-19, August.
    10. Deininger, Klaus & Xia, Fang & Kilic, Talip & Moylan, Heather, 2021. "Investment impacts of gendered land rights in customary tenure systems: Substantive and methodological insights from Malawi," World Development, Elsevier, vol. 147(C).
    11. Antoine Mandel & Timothy Tiggeloven & Daniel Lincke & Elco Koks & Philip Ward & Jochen Hinkel, 2021. "Risks on global financial stability induced by climate change: the case of flood risks," Climatic Change, Springer, vol. 166(1), pages 1-24, May.
    12. Goli, Srinivas & Mavisakalyan, Astghik & Rammohan, Anu & Vu, Loan, 2022. "Conflicts and son preference: Micro-level evidence from 58 countries," Economics & Human Biology, Elsevier, vol. 46(C).
    13. Kammas, Pantelis & Sakalis, Argyris & Sarantides, Vassilis, 2021. "Pudding, plague and education: trade and human capital formation in an agrarian economy," LSE Research Online Documents on Economics 112206, London School of Economics and Political Science, LSE Library.
    14. Hazrana, Jaweriah & Mishra, Ashok K., 2024. "Food and Nutrition Security in Developing Economies: An Intra-household and Gender Based Assessment," 2024 Annual Meeting, July 28-30, New Orleans, LA 345099, Agricultural and Applied Economics Association.
    15. Amolegbe, Khadijat Busola & Fontep, Eugenie Rose & Ahodode, Bernadin Géraud Comlan & Pagal, Emmanuelle Dorcas Mbanga & Ardelkrim, Araar, 2023. "Gendered Effects of Crop Diversification and Climate Shocks on Household Food Security Status in Nigeria," 97th Annual Conference, March 27-29, 2023, Warwick University, Coventry, UK 334551, Agricultural Economics Society - AES.
    16. MAMOUDOU Ba & Mazhar Mughal, 2022. "Weather Shocks, Coping Strategies and Household Well-being: Evidence from Rural Mauritania," Journal of Development Studies, Taylor & Francis Journals, vol. 58(3), pages 482-502, March.
    17. Burke, William J. & Jayne, T.S., 2021. "Disparate access to quality land and fertilizers explain Malawi’s gender yield gap," Food Policy, Elsevier, vol. 100(C).
    18. Jeffrey D. Michler & Anna Josephson & Talip Kilic & Siobhan Murray, 2020. "Estimating the Impact of Weather on Agriculture," Papers 2012.11768, arXiv.org, revised Oct 2021.
    19. Carole‐Anne Sénit & Frank Biermann, 2021. "In Whose Name Are You Speaking? The Marginalization of the Poor in Global Civil Society," Global Policy, London School of Economics and Political Science, vol. 12(5), pages 581-591, November.
    20. Gourlay,Sydney & Maggio,Giuseppe & Safyan,Anahit & Zezza,Alberto, 2022. "Measuring Land Tenure at the Individual Level : Lessons from Methodological Research in Armenia," Policy Research Working Paper Series 10140, The World Bank.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:ssefpa:v:13:y:2021:i:6:d:10.1007_s12571-021-01210-7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.