Agenda Dialogues15 Jan 2023

AM23 Preview: IFC's Makhtar Diop on tackling multiple crises simultaneously

Ahead of the 2023 Annual Meeting, Makhtar Diop, the Managing Director and Executive Vice President of the International Finance Corporation (IFC), shares a special funding initiative designed to confront the food crisis, one that can also help address other issues including financial resilience for farmers and more sustainable practices for the climate. Success requires new forms of collaboration and drives home one of the key themes of this year's global conference in Davos, 'Cooperation in a fragmented world.' Diop also shares what gives him hope, what keeps him up at night, and what he hopes leaders will prioritise at this year's conference in Davos.

These resources can help you learn more about the topics in this episode:

IFC: The IFC is the private sector arm of the World Bank, and describes itself as 'the largest global development institution focused on the private sector in developing countries. Learn more here:

Global Food Security Platform: this IFC initiative is tackling the overlapping crises simultaneously including the food crisis, financial resilience and climate change. Learn more here.

OCP: The world's largest producer of phosphate-based fertilizers is a Strategic Partner at the World Economic Forum and announced a plan in October to dedicate 4 million tonnes of fertilizers to strengthen food security in Africa. Learn more here

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