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| Funder | U.S. Agency for International Development |
|---|---|
| Recipient Organization | World Bank Group |
| Country | World |
| Start Date | May 25, 2013 |
| End Date | May 20, 2017 |
| Duration | 1,456 days |
| Number of Grantees | 4 |
| Roles | Recipient |
| Data Source | US Foreign Aid |
| Grant ID | 199342-76 |
AgResults is a multilateral initiative incentivizing and rewarding high-impact agricultural innovations that promote global food security, health, and nutrition and benefit smallholder farmers.
AgResults originated at the June 2010 G20 Summit inToronto, where leaders committed to exploring innovative, results-focused methods of harnessing private sector innovations in food security and improving productivity in developing countries.
By using pull mechanisms, the initiative goes beyond traditional aid measures to promote the uptake of innovative technologies with high-yield development impacts.
The objectives of AgResults are to 1) overcome market failures impeding agricultural innovations by offering results-based economic incentives (pull financing) to competing private actors for the uptake of new agricultural technologies; and to 2) test the effectiveness and efficiency of pull financing in comparison with traditional approaches to the promotion and uptake of innovative agricultural technologies.
World Bank Group
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