VIETNAM AGRI FINANCE WORKING GROUP In Partnership With: Status Update 22 Sep 2015

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AFWG – A Year in Review 2

Transcript of VIETNAM AGRI FINANCE WORKING GROUP In Partnership With: Status Update 22 Sep 2015

VIETNAM AGRI FINANCE WORKING GROUP In Partnership With: Status Update 22 Sep 2015 AFWG Current Operating Approach Primary objective to support commodity WGs to explore and develop financial linkage with FIs. (2 other objectives include knowledge sharing and PPD) Joint activities with commodity WGs driven by needs, commitment and proactivity from commodity WGs Deep-dive on sector, followed by follow-up meetings with specific FIs. Minutes taken Flexible AFWG structure based on voluntary participation, in kind contribution (staff time, meeting venues), and coordinator role rotated yearly First year coordinator IFC and MARD, since Jun 2014 Cross-WG support Knowledge sharing Enabling environment Deepdive with Coffee WG, Sep 2014 Deepdive with Tea WG, Apr 2015 AFWG A Year in Review 2 Challenges Dependent on proactivity, commitment, and concrete demand for financial linkages from other WGs Difficulty to maintain frequent activities/limited senior management engagement of AFWG members Time constraint to mobilize participation and follow-ups from AFWG members Recommendations Interested FIs to join existing commodity WGs: More focus and align FIs respective interests and priorities with target commodity groups (tea/coffee/vegetable/fishery/etc.), geographic areas (where the commodity WGs have projects), target segments (SME/household/etc.) Actively engage in commodity WGs activity schedule and agenda IFC completed the first year coordinators role and remains a member of the AFWG New PPP coordination office to take over the Coordinators role in year 2 (review/confirm specific needs/specific projects from commodity WGs for financial support) AFWG Recommendations going forward THANK YOU! 4