The Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) actively participated in the SAFIN Asia Regional Convening with the theme “Accelerating Access to Agriculture Finance in Asia.” The event took place in Siem Reap, Cambodia, coinciding with the sidelines of the Asia-Pacific Rural and Agricultural Credit Association’s (APRACA) Regional Forum. ADFIAP, a key player in sustainable development finance, was represented by its Secretary General, Mr. Enrique Florencio, and Membership/ADFIAP Institute Group Head, Ms. Sandra Honrado.
During the session, Mr. Florencio took the stage to share ADFIAP’s groundbreaking initiatives aimed at bolstering climate resiliency and promoting a green lending scheme and appropriate technology within the agriculture finance sector. Through these innovative programs, ADFIAP aims to address the pressing challenges farmers and agricultural SMEs face in the region, particularly in the wake of climate change and environmental degradation.
Mr. Florencio emphasized the importance of creating sustainable financial mechanisms that support the growth of the agriculture sector and contribute to mitigating the adverse impacts of climate change. By integrating climate resiliency measures and green financing principles into their lending practices, ADFIAP seeks to foster a more environmentally sustainable and economically viable agriculture ecosystem across Asia.
The SAFIN Asia Regional Convening provided a platform for ADFIAP to showcase its commitment to advancing sustainable development goals through inclusive finance and responsible lending practices. As the discussions at the event unfolded, it became evident that ADFIAP’s initiatives are poised to make a significant impact on transforming the agriculture finance sector in Asia, paving the way for a more resilient and sustainable future for all stakeholders involved.
ADFIAP’s active participation in the SAFIN Asia Regional Convening reaffirms its leadership in promoting sustainable finance solutions for agriculture development in the region. By spearheading innovative initiatives and forging strategic partnerships, ADFIAP is poised to drive positive change and accelerate access to agriculture finance, ultimately contributing to the achievement of inclusive and sustainable growth in Asia and beyond.
This article was initially published by Adfiap.
