COVID-19 responses from across our network

SAFIN partners have continued to develop and implement innovative responses to ensure inclusive access to finance for agri-SMEs and smallholder farmers during this global crisis. Some initiatives from across the network are highlighted below.

©IFAD/ Edward Echwalu

Harvesting data from the front lines

  • CGAP launched a biweekly survey of microfinance institutions to gather data related to the pandemic’s impact on demand, liquidity and solvency; response measures taken by these institutions; and the effects of public policy responses.

  • ITC published a report summarizing observations of how the crisis has impacted small farmers and producer communities, and responses that can be taken across value chains to respond to this impact.

  • APRACA conducted a survey to assess the preparedness and responses of financial institutions in Asia and the Pacific to the global pandemic.

  • The Asian Farmers’ Association documented the impact of the pandemic on small farmers and fishers in the region, and new initiatives undertaken by farmers organisations support to their members.

  • AgriFin launched a survey to assess the global situation in agriculture and agricultural finance during the early stages of the COVID-19 outbreak.

  • ADFIAP documented the recent initiatives of development finance institutions in the Asia-Pacific region in response to the global pandemic.

Producing recommendations and guidelines

  • FAO established a knowledge hub with policy briefs, food policy warnings, crop calendars and databases with daily updates on the impact of the pandemic on food security across the globe.

  • ILO released a sectoral brief with policy recommendations to ensure working conditions for agricultural workers that are in line with international labour standards.

  • AgriFin issued a flash note for agricultural finance providers covering instruments to support short term and recovery strategies and a flash note on the future of agricultural finance after the current global crisis.

  • Technoserve released two reports recommending digital training and other methods to help enterprises in developing countries weather the pandemic.