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February 2017

Keep the passion

Gloria M. Grandolini's picture
Also available in: العربية | Français | Español

Photo © Dominic Chavez/World Bank

After spending 27 years at the World Bank, I retired at the end of January. I ended my career as Senior Director for the Finance and Markets Global Practice. My career at the Bank spanned diverse roles – from country and financial economist to equity portfolio manager in the World Bank treasury, senior advisor in the Italian executive director’s office, manager and then director leading IBRD's financial products innovation work, advisor for the first CFO and then for a managing director, to country director.

In this post, I reflect on my career and argue why it continues to be important for young people to be passionate about international development.

Three misconceptions about women in agribusiness that hold companies back

Nathalie Hoffmann's picture
Also available in: العربية | Español

Debunking common misconceptions about women in agribusiness can unlock business opportunities for the private sector

At the recent World Economic Forum meeting in Davos, global leaders from across the world came together to deliberate on some of the most pressing issues of our time, such as agriculture and food security and greater social inclusion. With the global population projected to rise more than 9 billion by 2050 and the demand for food expected to jump sharply, the need for addressing the challenges of food security assumes greater urgency than before. There is also a growing need to adopt stronger measures to reduce the gender gap—women shouldn’t have to wait 170 years to bridge the divide.

Ahead of the Davos meeting, IFC released a report on agribusiness, Investing in Women along Agribusiness Value Chains, highlighting how companies can increase productivity and efficiency in the agriculture sector by closing economic and social gaps between women and men throughout the value chain, from farm to retail and beyond. The solution to address two of the most pressing challenges—food security and gender parity—isn’t difficult to find, as my research for the report suggests.

Women comprise over 40 percent of the agricultural labor force worldwide and play a major role in agriculture; yet they face a variety of constraints, such as limited access to agricultural inputs, technologies, finance, and networks. As the report shows, an increasing number of companies now recognize that investing in women can help increase companies’ bottom lines—while helping improve the lives of people in rural areas.

Yet, despite the clear business rationale, one wonders why more companies aren’t replicating the efforts of successful companies. The answer probably lies in the prevailing misconceptions about women in agribusiness—despite promising business case testimonials for gender-smart investments from multinational companies such as Mondelēz International and Primark.

Agribusiness companies need support in identifying where and how they can close gender gaps in their value chain. A good start would be to debunk those common misconceptions about women in the sector: