Private sector-led international investment is crucial to realizing both global development targets and corporate growth. However, societal unease with international investment is growing. At the same time, efforts to establish an enabling international framework for investment have not taken off, though many countries are hungry to attract and retain investment to support growth and employment.
Through this initiative, the business community comes together with government to design and advance forward-looking investment reforms. Efforts are aimed at maximizing the positive effects of investment on the economy, society and environment of host states, reforming international investment rules and procedures and outlining investment facilitation frameworks.
The project currently focuses on investment facilitation and other policy reforms that support sustainable agri-food value chains. Activities include surveys ongoing in Cambodia, Ghana and Brazil among investment promotion agencies (IPAs), government officials, local and international business, civil society organizations and others to better understand barriers to sustainable investment and good practices in the area of investment facilitation. On the basis of information collected, a toolkit will be prepared for developing country governments on sustainable investment facilitation in the agri-food sector.
Regional workshops are also held in collaboration with other organizations. These share learnings among developing country IPAs and other government officials. Sessions at high-level events raise the profile of key lessons learned.
The project receives financial support from business and the Governments of Denmark and the Netherlands.