This paper gives an overview of the financing needs of smallholder farmers, their current sources of financing, and ways to deliver these funds to help them achieve the triple dividends of enhanced food security, increased resilience to climate change, and reduced emissions of greenhouse gases. It offers recommendations for mobilising investment to enable further progress towards this goal.

The authors argue that there is no silver bullet or one-size-fits-all solution, and suggest that adaptation funds and the private sector could be a source of additional support, in the absence of public sector financing for agriculture or a carbon market for smallholders. They conclude with recommendations for policymakers, such as building on prior experience and knowledge, and creating an enabling environment for climate-smart agricultural investment.