The European Bank for Reconstruction and Development (EBRD) and the Food and Agriculture Organization of the United Nations (FAO) have agreed to step up their joint efforts to make agrifood systems stronger, greener and more inclusive across Central and Eastern Europe, Central Asia and the Southern and Eastern Mediterranean.
The two institutions also stressed the importance of climate change mitigation and adaptation initiatives for agriculture as they marked 20 years of collaboration with a Memorandum of Understanding, signed today in London by EBRD President Sir Suma Chakrabarti and FAO Director-General José Graziano da Silva.
“We see our partnership with FAO as crucial for fostering the transition of the agribusiness sector in our region,” President Chakrabarti said. “By drawing on FAO’s technical and policy expertise, we are able to make more effective investments across agrifood chains, helping to enhance productivity, improve energy efficiency, create jobs and promote sustainable and inclusive growth,” he added.
FAO Director-General Graziano da Silva said: “The regions where we work together – Central and Eastern Europe, Central Asia and the Southern and Eastern Mediterranean – play critical though contrasting roles in global food and agricultural markets. I am confident that together we will continue to build on our respective strengths and support the emergence of an enabling environment for all private players – from small scale farmers to leading agribusinesses.”
Public private dialogue in action
Since the start of their cooperation the EBRD and FAO have teamed up in more than 150 projects with a total value of US$ 36 million over the past two decades. For example, after Ukraine imposed grain export restrictions and quotas nearly ten years ago – negatively affecting investment in the sector and the country’s agriculture in general – the EBRD and FAO initiated a new era of public-private dialogue on government policies and sector issues.
Since then, working groups in the grain, dairy, meat, horticultural and other sectors have facilitated changes in food standards, removed investment-obstructing regulations and supported diversification into new markets.
This has helped Ukraine to become a leading global food exporter and active member of the G20’s Agricultural Market Information System (AMIS) – an inter-agency platform to enhance food market transparency and policy response for food security.
“Greening” the agribusiness sector
Looking ahead, making agrifood systems more sustainable will be a top priority for future joint efforts of FAO and EBRD. This will include helping countries curb food losses, use resources more efficiently and reduce the sector’s carbon footprint.
The two institutions have already developed an approach that enables countries and investors to prioritise the adoption of climate technologies in the agricultural sector – from solar-powered water pumps to energy-efficient cold storage. The approach has been applied in Morocco and is currently under consideration in Kazakhstan and the Kyrgyz Republic.
FAO and the EBRD are also exploring the potential of converting unused agricultural residues into bioenergy for heating, cooking and electricity in countries such as Egypt and Turkey.
Greater value chain inclusion
Equally important to ensure sustainability from “farm to table” is the inclusion of producers and small and medium-sized enterprises in modern food value chains. To achieve this, FAO and the EBRD are assisting such businesses in adjusting to higher food quality and safety standards. Successfully targeting more advanced markets means creating added value, but is rewarded with higher returns.
In Georgia, Serbia and Montenegro the two institutions have supported the development of the so-called “Geographical Indications” – an origin-based official labelling system that protects the reputation of traditional agrifood products, helping them to stand out in the fierce competition for market shares thanks to recognised high quality standards.
In Tunisia and Morocco, FAO and EBRD are supporting stronger and more efficient olive oil sectors to increase market opportunities and create jobs, especially for young people.
Achieving the UN Sustainable Development Goals by 2030 – from ending extreme poverty and hunger to combating climate change and reducing inequalities – will require greater public-private sector cooperation, strategic alliances and innovation. The EBRD and FAO are well on track to making a strong contribution to these goals.
COVAX and World Bank to Accelerate Vaccine Access for Developing Countries
COVAX and the World Bank will accelerate COVID-19 vaccine supply for developing countries through a new financing mechanism that builds on Gavi’s newly designed AMC cost-sharing arrangement. This allows AMC countries to purchase doses beyond the fully donor-subsidized doses they are already receiving from COVAX.
COVAX will now be able to make advance purchases from vaccine manufacturers based on aggregated demand across countries, using financing from the World Bank and other multilateral development banks. Participating developing countries will have greater visibility of available vaccines, quantities available, and future delivery schedules, enabling them to secure doses earlier, and prepare and implement vaccination plans more effectively.
“This important and timely financing mechanism, made possible now by the World Bank and Gavi teaming up on the AMC cost-sharing arrangement, will allow COVAX to unlock additional doses for low- and middle-income countries,” said Dr. Seth Berkley, CEO, Gavi, the Vaccine Alliance. “As we move beyond initial targets and work to support countries’ efforts to protect increasingly large portions of their populations, World Bank financing will help us advance further towards our goal of bringing COVID-19 under control.”
The scalable mechanism brings together COVAX’s ability to negotiate advance purchase agreements with vaccine manufacturers with the World Bank’s ability to provide predictable financing to countries for vaccine purchase, deployment and broader health systems investments. The new mechanism will mitigate risks and uncertainties in country demand and financing ability.
“Accessing vaccines remains the single greatest challenge that developing countries face in protecting their people from the health, social, and economic impacts of the COVID-19 pandemic,” said World Bank Group President David Malpass. “This mechanism will enable new supplies and allow countries to speed up the purchase of vaccines. It will also provide transparency about vaccine availability, prices, and delivery schedules. This is crucial information as governments implement their vaccination plans.”
Countries with approved World Bank vaccine projects that confirm the purchase of additional doses through COVAX will agree with COVAX on the number of doses of a specific vaccine as well as related windows of delivery. On receiving a request from the country, the World Bank will provide COVAX a payment confirmation, allowing COVAX to make advance purchases of large amounts of vaccine doses with manufacturers at competitive prices.
Under the cost-sharing arrangement for AMC countries (92 low- and middle-income countries), COVAX plans to make available up to 430 million additional doses, or enough to fully vaccinate 250 million people, for delivery between late 2021 and mid-2022. There will be several supply offerings where countries will have the opportunity to select and commit to procuring specific vaccines that align with their preferences.
COVAX is co-led by the Coalition for Epidemic Preparedness Innovations (CEPI), Gavi, the Vaccine Alliance and the World Health Organization (WHO). The World Bank and COVAX will work in partnership with UNICEF and the PAHO Revolving Fund as key implementing partners to ensure safe vaccine delivery and supply of materials such as syringes, safety boxes and other items essential for vaccination campaigns.
Commission proposes draft mandate for negotiations on Gibraltar
The European Commission has today adopted a Recommendation for a Council decision authorising the opening of negotiations for an EU-UK agreement on Gibraltar. The Commission also presented its proposal for negotiating guidelines.
It is now for the Council to adopt this draft mandate, after which the Commission can begin formal negotiations with the United Kingdom.
Vice-President Maroš Šefčovič, the EU’s co-chair of the Joint Committee and Partnership Council, said: “By putting forward this draft mandate, we are honouring the political commitment we made to Spain to start the negotiations of a separate agreement between the EU and the UK on Gibraltar. This is a detailed mandate, which aims to have a positive impact for those living and working on either side of the border between Spain and Gibraltar, while protecting the integrity of the Schengen Area and the Single Market.”
Gibraltar was not included in the scope of the EU-UK Trade and Cooperation Agreement agreed between the EU and UK at the end of 2020. The Commission committed to begin the negotiation of a separate agreement on Gibraltar, should Spain request so. That is why the Commission is now recommending that the Council authorises the launch of specific negotiations on Gibraltar.
Today’s Recommendation builds upon the political understanding reached between Spain and the UK on 31 December last year. It is without prejudice to the issues of sovereignty and jurisdiction, and focuses on cooperation in the region.
The proposed negotiating directives put forward solutions to remove physical checks and controls on persons and goods at the land border between Spain and Gibraltar, while ensuring the integrity of the Schengen area and the Single Market. The proposals include rules establishing responsibility for asylum, returns, visas, residence permits, and operational police cooperation and information exchange.
Other measures are included in different areas, such as land and air transport, the rights of cross border workers, the environment, financial support, and establishing a level playing field. It envisages a robust governance mechanism, including a review of the implementation of the agreement after four years, the possibility for both parties to terminate the agreement at any time and the possibility of unilateral suspension of the application of the agreement under certain circumstances.
Spain, as the neighbouring Schengen Member State and as the Member State to be entrusted with the application and implementation of certain provisions of the future agreement, will be particularly affected by the agreement. The Commission will therefore maintain close contacts with the Spanish authorities throughout the negotiations and afterwards, taking their views duly into account.
With regard to external border control, in circumstances requiring increased technical and operational support, any Member State, including Spain, may request Frontex assistance in implementing its obligations. The Commission acknowledges that Spain has already expressed its full intention to ask Frontex for assistance.
The UK-EU Trade and Cooperation Agreement excluded Gibraltar from its territorial scope (Article 774(3)). On 31 December 2020, the Commission received a note of the proposed framework for a UK-EU legal instrument setting out Gibraltar’s future relationship with the EU. The relevant services in the Commission have examined this in close consultation with Spain. Building upon the proposed framework and in line with Union rules and interests, the Commission has today adopted a Recommendation for a Council decision authorising the opening of negotiations for an EU-UK agreement on Gibraltar and presented its proposal for negotiating guidelines.
IRENA Outlines Action Agenda on Offshore Renewables for G20
Boosting offshore renewables will accelerate the energy transition and allow G20 countries to build a resilient and sustainable energy system, a new report by the International Renewable Energy Agency (IRENA) finds. Offshore Renewables: An Action Agenda for Deployment actively contributes to the G20 agenda by identifying actions which support the commercialisation of offshore technologies such as wind, wave, tidal, ocean thermal and floating PV in pursuit of extending their deployment worldwide. The report was launched by IRENA’s Director-General Francesco La Camera during the meeting of G20 Environment, Climate and Energy Ministers in Naples.
“Offshore renewables have the potential to meet more than twenty times of today’s global power demand”, said Francesco La Camera, Director-General of IRENA. “Particularly offshore renewables constitute a critical pillar for decarbonising energy systems and fostering a global blue economy. I congratulate the G20 Presidency for their forward-looking decision to integrate offshore renewables in the G20 agenda. IRENA is pleased to support the G20 Offshore Renewables Action Agenda with our energy transition expertise and valuable input from our global membership.”
To put the world on a climate-safe pathway, IRENA’s 1.5°C scenario foresees a massive growth of offshore wind, ocean energy and floating photovoltaic in the coming decades. Offshore wind for example would increase from 34 gigawatts (GW) today to 380 GW by 2030 and more than 2,000 GW by 2050. Ocean energy would represent additional 350 GW of offshore renewable generation capacity by 2050.
Today’s report includes 50 concrete actions that G20 countries could take while defining their national strategies for offshore renewables. Suggested actions include the strengthening of oceans governance in line with UN Law of the Sea, the integration of offshore renewables in national marine spatial planning and early planning for infrastructure like underwater cables and grids. Policy frameworks, international cooperation and investment in R&D are key recommendations to drive offshore globally. The report recommends to promote financing for offshore within the “Finance Track” of the G20.
Offshore renewables have the potential to greatly contribute to SDG 14 on the sustainably use of oceans while boosting blue economy activities such fishery, shipping and tourism. A blue economy fuelled by offshore renewables would help islands and countries with coastal areas to meet their national goals aligned with the Paris Agreement and 2030 Sustainable Development Agenda.
The G20 is well placed to foster offshore renewables. Members account for the vast majority of global economic activity and trade and are home to over three-quarters of total offshore renewable installed capacity to date. 99.3% of total offshore wind capacity and nearly all installed ocean energy capacity globally can be found in G20 countries.
Today’s report was prepared by IRENA on the request and to the Italian Presidency of the G20. It benefited from the input of the G20 Working Group on Energy and insights by IRENA’s global membership gained under the Agency’s Collaborative Framework on Offshore Renewables.
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