Science Target Conference Systems, Ajman 4th International Environment Conference 2016

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Innovative schemes and partnerships to leverage investment in SPS systems

Last modified: 2016-01-18


Conventional forms of financing are hardly accessible in agri-producing states, thus traders are often excluded from full gains of trade exchanges and international markets. An objective to enhance financial sustainability and phase out traditional funding schemes calls to galvanize actions at the multilateral level. Declining ODA and inefficient public funding reaffirm the need to implement new financial instruments and services targeted on inclusiveness, efficiency and safety of agriculture development. The safety aspect is governed by sanitary and phytosanitary (SPS) measures which are an essential condition to reach out to international markets. The implementation of food SPS provisions can be costly, yet the lack of conformity with SPS imposes bigger losses on actors of agri value chains. Improved access to finance will strengthen the capacity to improve production systems, protect public health and increase the market access. This paper examines existing funding mechanisms in agriculture and related fields in order to elucidate recommendations for new mechanisms that could be transferable to SPS capacity building.