Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

SOUTH-SOUTH AND TRIANGULAR COOPERATION IS KEY TO FIGHTING HUNGER AND POVERTY AND TRANSFORMING RURAL COMMUNITIES IN DEVELOPING COUNTRIES

More than 300 participants representing governments, international organizations, academia, research organizations, the private sector, NGOs and civil society are expected to descend upon Brazil’s capital, Brasilia, from 20 to 21 November, to attend the International Conference on South-South and Triangular Cooperation (SSTC) – Leveraging Innovations from the Global South to Support Rural Transformation.

Dyogo Oliveira, Brazil’s Minister of Planning, Development and Management, will open the conference on 20 November at the MeliáBrasil 21 Convention Centre in Brasilia.

“In a country where agriculture is so important to the economy and still experiencing poverty scenarios, it is fundamental to know new experiences and mechanisms to combat inequalities,” said Oliveira. “We are committed to promoting conditions conducive to the development and generation of jobs and income and understand the activity as a Brazilian force in this struggle.”

The conference, organized by the International Fund for Agricultural Development (IFAD) in cooperation with Brazil and other partners, including the Food and Agriculture Organization of the United Nations, the United Nations Office of South-South Cooperation and the International Land Coalition, aims to identify and discuss innovative solutions with a specific focus on increasing agricultural production and productivity.

Over the course of the two-day conference, participants will discuss boosting investment promotion between developing countries to support financing for smallholder agriculture and rural development, and leveraging information and communication technologies with a specific focus on engaging rural youth and women.

Partnerships and cooperation opportunities across low-income, middle income and upper middle-income countries that can be expanded to support agriculture and rural development for better prosperity, will also be discussed.

“South-South and Triangular Cooperation is a key development modality for furthering the objectives of Agenda 2030 and reaching the SDGs. Complementing the more traditional north-south modality for development cooperation,” said AshwaniMuthoo, IFAD’s Director of Global Engagement, Knowledge and Strategy Division. “SSTC allows developing countries to take more leadership, responsibility and ownership in their own development to improve the livelihoods and food security of their own people.”

During the conference, more than 10 Ministers from participating developing countries will share their experiences during two high-level ministerial panels: The role and contribution of South-South and Triangular Cooperation in the Sustainable Development Agenda and The role of South-South and Triangular Cooperation in supporting inclusive rural transformation. The high-level panels will be followed by three moderated thematic sessions.

Since 1980, IFAD has financed 12 rural development programmes and projects in Brazil for a total cost of US$864.5 million. This includes $565 million ($279.4 million direct IFAD investment) for current operations in the country’s northeast states which benefits nearly 400,000 rural households. While initial IFAD investments focused on rural development activities in the north-eastern, semi-arid region of the country known as sertão, today IFAD has expanded its operations to the Maranhão Amazonian transition area, Pernambuco pre-sertão area (agreste) and coastal rainforest (mataatlantica).

Over the years, the lessons learned from IFAD-funded operations in Brazil have been shared with government officials, civil society, the private sector and family farmers via policy dialogue forums and the knowledge-sharing programmeSemear (“to sow” in Portuguese).