Supply Chain Sustainability Partnerships - Sourcing Raw Materials
Challenge
Facing systemic challenges and risks to their supply chain due to fragmentation, climate change and other global impacts, the client engaged DFI seeking partnerships with leading international financial institutions (IFIs) to help make the company’s supply chain more sustainable and resilient and strengthen its profile as a sustainability leader in the agribusiness sector and a committed partner to the SDGs.
Client Contribution to the SDGs
Approach
- Understand and Align Client Needs: Intense review of client’s business to gain understanding of client’s needs and challenges, as well as external and internal pressures that impact ability to affect change.
- Desk-based Assessment: At the onset of engagement, DFI conducted a broad assessment to identify and map key funders and stakeholders, best possible partners, ways of working and points of contact, alignment of priorities and timing, implementation approaches, and required or available investment funding. Over the years, this assessment had been deepened and updated based on the specific business segment’s readiness to engage with external funders and their latest needs.
- Funding Pursuit: Handheld global leadership and specific business segments to understand how development funding partnerships work and secure co-financing for client’s sustainability projects in its supply chain from key IFIs and their implementer counterparts. This includes strategic meetings and cadence with such partners and development of MOUs, concept notes, and proposals.
- Donor Roadshow: Leveraged DFI’s network with multiple UN organizations, IFIs, regional bodies and platforms, and the donor community to share best practices and identify partners to co-invest in supply chains around the world.
Outcomes
- More than 45 partnerships enabled with multilateral and bilateral development organizations, as well as other public and private entities across nine (9) value chains in the 15 years of engaging DFI.
- Leveraged more than $400 M to support client’s sustainability programs in its priority countries in Asia, Africa, Latin America including global multi-year partnerships with global IFIIs.
- Built partnerships with over 15 key IFIs impacting over 800,000 households collectively addressing issues on farmer income, water, GHG emissions, human and women rights,
Partners
- The World Bank Group, International Fund for Agriculture Development, GIZ, IDH, Dutch FMO and RVO, Bill and Melinda Gates Foundation, and USAID among others