About the IAWG

The Inter-Agency Working Group (IAWG) of FAO, IFAD, UNCTAD and the World Bank was created in 2009 to enhance responsible agricultural investments while addressing global concerns around a wave of large-scale land acquisitions. Responding to requests from the UN General Assembly, the G7/G8, the G20 and the Government of Japan, the members of the IAWG collectively resolved to tackle two of the most pressing challenges: the lack of empirical evidence about the phenomenon and the need for practical guidance to maximize opportunities and minimize risks of larger-scale agricultural investment.
Since 2009, the IAWG has released more than 10 publications, organized more than 15 national and international events, and actively contributed to the development of several guidance instruments.  The IAWG jointly developed an initial set of Principles for Responsible Agricultural Investment that Protects Rights, Livelihoods and Resources in 2009-early 2010, and later actively contributed to international consultations within the Committee on World Food Security to develop the CFS Principles for Responsible Investment in Agriculture and Food Systems.
    • Dissemination of results of the research component of the programme “Pilot use of principles guiding new investments in agriculture”
    • Awareness raising and dialogue event in Senegal
    • FAO publishes “Home country measures that promote responsible foreign agricultural investment: Evidence from selected OECD countries” and “Trends in Foreign Direct Investment in Food, Beverages and Tobacco”
    • Awareness raising and dialogue event in Malawi
    • Kick-start event of the programme “Pilot use of principles guiding new investments in agriculture” in Tanzania, further workshops in Mozambique and Ghana
    • UNCTAD, World Bank & IISD publish “Investment contracts for agriculture: maximizing gains and minimizing risks”
    • CFS approves the CFS Principles for Responsible Investment in Agriculture and Food Systems
    • Launch of “Pilot use of principles guiding new investments in agriculture”
    • UNCTAD and World Bank publish “The Practice of Responsible Investment Principles in Larger-Scale Agricultural Investments – Implications for corporate performance and impact on local communities”
    • FAO publishes “Impacts of foreign agricultural investment in developing countries: evidence from case studies” and “Challenges and opportunities of foreign investment in developing country agriculture for sustainable development”
    • G20 welcomes work of the IAWG in its Saint Petersburg Accountability Report on G20 Development Commitments
    • FAO publishes “Trends and impacts in foreign Trends and impacts of foreign investment in developing country agriculture – Evidence from case studies”
    • World Bank publishes “Investing in agribusiness: a retrospective view of a Development Bank’s investments in agribusiness in Africa and Southeast Asia and the Pacific”
    • G20 Agriculture Vice Ministers / Deputies Meeting Report officially supports the pilot projects to field test and operationalize responsible agricultural investment principles
    • Commitee on World Food Security decides to launch an inclusive consultation process on responsible agricultural investment principles. The IAWG actively supports this process
    • IFAD and Technoserve publish “Outgrower Schemes—Enhancing Profitability”
    • The G8 supports ongoing work of the IAWG in the Muskoka Declaration
    • Launch of consultations on PRAI
    • Roundtable concurrent with the 64th session of the UN General Assembly “Promoting Responsible International Investment in Agriculture” organized by the IAWG. Support to the IAWG to develop responsible investment principles
    • Development of the “Principles for Responsible Agricultural Investment that respects rights, livelihoods and resources” (PRAI)
    • global food price crisis, concerns about large-scale land acquisitions