The Bangko Sentral ng Pilipinas, together with the Asian Development Bank, is hosting the BSP-ADB Conference on Financing Agriculture Value Chain in the Philippines on 10-11 May 2017 at the Bulwagang Bangko Sentral - Narra Room. The 2-day Conference brings together policymakers, financial institutions, development partners, leading practitioners and experts to engage in interactive discussions to unleash the potential of agriculture value chains in the Philippines.
Despite the critical role it plays in the Philippine economy, the agriculture sector continues to face major challenges in productivity and access to finance. Developing agriculture value chains is a promising approach to provide smallholders the means to leverage on effective farming technologies and methods and participate in high value markets – thereby uplifting their living standard and productivity, and ensuring their business sustainability. This in turn improves their risk profile and creditworthiness from the perspective of the financial institutions. Value chains enable the financial institutions to develop products that can efficiently and viably serve the financing needs of the various actors in the chain, particularly the smallholder farmers and fisherfolk. Agriculture value chain can therefore catalyze sustainable private sector financing in the agriculture sector.
The 2-day Conference aims to tackle in a multi-perspective setting the opportunities, gaps and priority actions for developing sustainable and viable agriculture value chains. Conference participants will hear from more than 20 speakers spread across 5 sessions covering the following: initiatives for sustainable agri value chains; the policy and regulatory environment; good practices of successful value chains here and abroad; value chain financing approaches and products; and digital innovations. Through this Conference, BSP and ADB aim to encourage and equip participants and their institutions with actionable insights to engage in agriculture value chains as a viable business strategy and as a meaningful contribution to inclusive growth in the country.