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Friday, 28 October 2011

Pacific workshop on improving access to finance for the agricultural sector

With the current global recession, funding and financing has become a major issue in the Pacific region. The agriculture sector, in particular, has been experiencing difficulty in terms of accessing funds to support the sector. The Secretariat of the Pacific Community (SPC), in collaboration with the United Nations Commodity Trade and Development (UNCTAD) unit, jointly organised a two-day Pacific Regional Capacity Building Workshop on Enhancing Access to Finance for the Agricultural Sector from 20-21 October 2011.

Participants included representatives of governments, development banks, micro-financing institutions, commercial banks, farmers and agri-processors from the Pacific region, as well as representatives from the Caribbean region.

The objective of the workshop was to explore ways of improving access to finance for stakeholders within the agriculture sector. Successful agricultural commodity financing techniques and lessons learnt within and beyond the Pacific region are being shared among participants.

Source: SPC