Expert meeting on international investment in the agricultural sector of developing countries
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An expert meeting on international investment in the agricultural sector of developing countries was held at FAO’s headquarters on 22-23 November 2011. The objectives were to review the current state of knowledge including recent case studies, identify good practices, determine the areas where further research is needed and plan the next steps. 42 experts analyzing investment in agriculture participated in the meeting. Recommendations for further research were given including: more evidence on t he impacts on food security, environmental impacts and gender-disaggregated analysis of investments; development of a common typology using business model as an entry point; more meta-analysis; considerations of time frames and geographical scales; analysis of the interrelationships between various forms of investments; and the need of more regular interaction among researchers and analysts. The meeting provided recommendations to organizations that provide support to actors involved in agricult ural investments including: analyze the needs in terms of capacity building, policy advice and technical support; provide guidance in analyzing investment proposals and making informed choices; help governments formulate policies that orient FDI in directions that enhance smallholder investments and livelihoods and national food security; strengthen the capacity of local communities, farmer groups and others to analyze and negotiate projects; support inclusive negotiation processes; assist gover nments in developing agricultural development strategies that focus on sustainable food security; identify schemes that reconcile the development objectives of host countries and local communities with the commercial objectives of investors; raise the awareness of investors on the importance of a responsible investment to their own business interests; engage them in the development and implementation of guidance tools such as the principles for responsible agricultural investment.