There is an ever-increasing need to invest in agriculture due to a drastic rise in global population and changing dietary preferences of the growing middle class in emerging markets towards higher-value agricultural products. In addition, climate risks increase the need for investments to make agriculture more resilient to such risks. Estimates suggest that demand for food will increase by 70% by 2050 and at least $80 billion annual investments will be needed to meet this demand, most of which needs to come from the private sector. 

The development and commercialization of agriculture require financial services that can support: larger agriculture investments and agriculture-related infrastructure that require long-term funding (given that currently, transportation and logistics costs are too high, especially for landlocked countries), greater inclusion of youth and women in the sector, and advancements in technology (both in terms of mechanizing the agricultural processes and leveraging mobile phones and electronic payment platforms to enhance access and reduce transaction costs). This is where PEF steps in to sail with you from start till your product is sold.