Food security is a global challenge. Mobilising resources to tackle it requires a global partnership between the private and the public sectors, international financial institutions (IFIs) and development partners. The EBRD is committed to forging strong partnerships with agribusinesses, public authorities, universities, other banks and international organisations to ensure the private sector is prepared for the increased investment required to ensure food security.
The EBRD’s long-established partnership with the Food and Agricultural Organization of the United Nations (FAO) leverages the strengths of both institutions in mobilising public-private stakeholders for improved capacity and open dialogue. The EBRD-FAO collaboration, which started in 1994 expanded significantly in 2011, to reflect food security concerns at the time. The Partnership draws on the FAO‘s cutting edge knowledge in the field of agriculture, food security and policy advice, and the EBRD's expertise in investing along the whole food value chain and partnership with the private sector.
In addition, in 2022, the EBRD joined the Global Food Security Alliance, and partnered with the Asian Development Bank (ADB), the African Development Bank (AfDB), the International Fund for Agricultural Development (IFAD), the Inter-American Development Bank (IDB), the International Monetary Fund (IMF) and the World Bank Group to develop the IFI Action Plan to Address Food Insecurity. This plan highlights the EBRD’s Resilience and Livelihoods Framework and its contribution to food security.
