This brief explores how blended finance approaches have been deployed in agriculture to date, presenting insights from interviews conducted with key industry stakeholders.
The Convergence database has recorded 146 blended finance transactions targeting the agriculture sector and/or SDG 2 (Zero Hunger). As Figure 1 shows, this represents aggregate committed financing of USD 13.4 billion. Agri-transactions most often target agricultural inputs / farm productivity (36% of agri-transactions) and agri-finance (35%), although our interview respondents noted the increasing importance of climate-resilient / sustainable agriculture (18%), with agribusinesses under increased pressure to ensure sustainability within their supply chains, down to the primary farmer.
