Enhancing Knowledge Sharing and Collaboration Among Agricultural Public Development Banks Through the Agri-PDB Platform

Information about successful methodologies is not effectively communicated to PDBs throughout the world in a timely manner. With the new Agricultural Public Development Bank Platform (Agri-PDB | Platform), member banks will be able to access information and services effectively and systematically thanks to peer-to-peer exchange. This will allow PDBs to stay up to date with the latest developments in the industry and make more informed decisions and
Peer-to-peer (P2P) collaboration is one of the major services offered by the Agri-PDBs Platform. Through this component, PDBs will be able to learn from each other’s experiences and gain valuable insights into successful business practices. Further, Agri-PDBs will exchange best practices and examples of success in the area of green and inclusive finance.

The Role of the Agri-PDB Platform in Advancing Sustainable Practices and Financial Strategies Among Agricultural Public Development Banks

The Agri-PDB Platform will act as a facilitator to share knowledge (existing and produced by the Platform) and accelerate learning among PDBs. This will also provide an opportunity for Agri-PDBs to collaborate and leverage each other’s strengths. The platform will also provide access to a wide range of resources, such as technical expertise, study trips and funding opportunities. Additionally, the Agri-PDB Platform will create a network of technical partners and stakeholders, helping to foster synergies and collaboration.

As part of the construction process for FIRA’s new sustainability strategy, the platform assisted the team in identifying best practices among international financial institutions. In an interview lasting approximately 60 minutes, the Mexican PDB’s Deputy Direction for the Environment discussed the sustainability activities of CAM Morocco and ADBC China. A number of topics have been requested by the Mexican PDBs, including communication, funding, governance, risk management, and programs and projects. A major focus of FIRA Mexico’s P2P was how to obtain funding for sustainable financial products, how to work with international funds (GDF, GEF, IFC), as well as international financial organizations (IDB, KfW, AFD) and whether government funding was available. In addition, inquiries were made about sustainability strategies and director involvement in these matters. When it comes to project-related issues, FIRA examined the selection of sustainable projects and taxonomies, as well as the financial conditions relating to the financial products, including subsidies or special terms. Additionally, they inquired about how PDBs pilot communicate sustainability related activities to their stakeholders (ESG Web, annual report, social media). Another Peer-to-peer request was received from TADB and FINAGRO and is currently being processed.