🍋 What happened at #Ff4D?
ATNi’s Greg S Garrett participated in the 4th International Conference on Financing for Development (FfD4) this week in Seville, where more than 10,000 delegates gathered to discuss the future of development finance.
🫛 A fundamental shift is underway as the world confronts a $4 trillion financing gap to achieve the Sustainable Development Goals (SDGs). Development finance is evolving from a model driven largely by grants and aid to one increasingly shaped by investments. This means moving from “market fixing” to “market shaping.”
Private finance and development actors showed up in force at Ff4D to explore how capital markets can be leveraged for nutrition, how innovative financing mechanisms can be scaled, and how new blended financial instruments can combine public and private capital for greater impact.
🫘 On the sidelines of Ff4D, ATNi co-hosted an event titled “Driving the Nutrition Economy.” This session emphasized the critical role that all stakeholders—public and private—must play in building a stronger business case for healthier foods and diets.
🎤 "While the private sector has a major role to play, governments could effectively improve the business case for healthier foods through smarter fiscal policies. For example, if every country taxed alcohol, tobacco, and sugar-sweetened beverages at 50%, it could generate $3.7 trillion in revenue over the next five years, reduce consumption of these products, and shift market focus toward healthier alternatives." — Greg S. Garrett
The panel also highlighted the urgent need to direct capital to those most in need—particularly malnourished children.
🎤 "Child nutrition is an immediate issue, and it is compromising futures," - Charles Wetherill, Programme Advisor at the United Nations Capital Development Fund (UNCDF), speaking about their work to improve nutrition outcomes for children through innovative finance.
The side event featured representatives from the Scaling Up Nutrition (SUN) Movement, the Ministère des Affaires étrangères français, the Global Alliance for Improved Nutrition (GAIN), and the OECD - OCDE.
It was co-hosted by the Paris Peace Forum, GAIN, ATNi, and Devex.
#SDGs #DevelopmentFinance #NutritionEconomy #InvestInNutrition