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Financing for Development Conference Outcome Document Focuses on Sustainable Development

• by Sara Gustafson

In preparation for the Third International Conference on Financing for Development , to be held in July in Addis Ababa, Ethiopia, a draft outcome report laid out a new global framework for financing sustainable development as part of the post-2015 agenda, aiming to mobilize financial and technical resources for development, strengthen national and international policy environments, close technology gaps, and increase public and private investment in development.

Innovations in Rural and Agricultural Finance: Credit Risk Management in Financing Agriculture

• by Sara Gustafson

Agriculture carries with it a number of inherent risks. Weather, pests and crop disease, and variable local and global markets are all out of a farmer’s control, making it difficult to generate stable income. While farmers in developed countries and large-scale farmers in emerging economies can hedge these risks through the use of credit, insurance, and other financial instruments, developing country farmers typically rely on more “traditional”, and less effective, risk management techniques because they lack access to formal financing options.