Building Capacity for social compliance of investments in agriculture in Africa

The ILO Social Finance Programme identified two main gaps that it wants to address through the proposed project: 1) Stakeholders of the financial industry who want to invest in African agriculture in a socially responsible way considering decent work concerns lack the capacity to assess social impact of investments and thus hardly incorporate social criteria in their funding decisions 2) The financial industry lacks comprehensive training on social assessments to close the capacity gap In order to address the identified gaps, the proposed project wants to engage with the Africa Agriculture and Trade Investment Fund that has requested ILO assistance in implementing the Fund’s social and developmental mission and functioning as the Fund’s Compliance Advisor. The immediate objective of the project is to build knowledge for social compliance of investments in agriculture in Africa. The progress made towards achieving this objective is measured by the percentage of AATIF investments that improved their social and environmental impact and comply with the AATIF guidelines.

Project symbol

GLO/12/08/AAT

Admin unit

SOCIAL FINANCE

Start date

28/06/2012

End date

31/03/2025

Total allocation

5954508

Total expenditure

Status

Active

5936849

Development Partners

Africa Agriculture and Trade Investment Fund

Country/Countries

Global

Outcomes

Outcome 4: Sustainable enterprises for inclusive growth and decent work