The Role of Development Financial Institutions in Agricultural Sustainable Development: A Systematic Literature Review

Authors

DOI:

https://doi.org/10.17700/jai.2025.16.1.752

Keywords:

Systematic Literature Review, Development Financial Institutions, Sustainable Agriculture, Rural Development, Agricultural Finance, Technological Innovation, Climate Resilience

Abstract

This systematic literature review explores the role of Development Financial Institutions (DFIs) in advancing sustainable agricultural development and rural economic growth. Based on an analysis of 73 articles from the Scopus database, the study highlights DFIs’ key contributions, including the provision of financial support, promotion of technological modernisation, and development of rural infrastructure. It also examines the strategies DFIs employ to foster innovation, enhance productivity, and support climate-resilient agricultural practices. Despite their significant roles, DFIs encounter various challenges, such as limited institutional capacity, inadequate financial resources, and high risks associated with agricultural lending. The review suggests strengthening institutional frameworks, fostering collaboration among governments, DFIs, and the private sector, and designing financial products tailored to the specific needs of the agricultural sector. These findings offer valuable insights for policymakers, researchers, and financial institutions seeking to enhance the effectiveness of DFIs in promoting sustainable agriculture and rural development.

Author Biography

Várallyai László, University of Debrecen

László Várallyai is an Associate Professor at University of Debrecen, Faculty of Economics and Business, Institute for Methodology and Business Digitalisation, Department of Agricultural and Business Digitalization. He received his PhD in Plant Production and Horticultural Sciences from the University of Debrecen and a Habilitation degree in Business and Management Sciences from the University of Debrecen, Hungary. His research interests are e-learning and web technologies utilization in agricultural management. Specifically, his research focuses on the following areas: e-learning and usability in education, skills connected directly to sustainable development goals. He started to work on IoT devices and the related concept of big data, as it is becoming increasingly widespread, especially in agriculture and everyday life. He is the President of the Hungarian Association of Agricultural Informatics. He is the author or co-author of more than 170 publications.

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Published

2025-06-11

How to Cite

Mamun, A. Y., & László, V. . (2025). The Role of Development Financial Institutions in Agricultural Sustainable Development: A Systematic Literature Review. Journal of Agricultural Informatics, 16(1). https://doi.org/10.17700/jai.2025.16.1.752

Issue

Vol. 16 No. 1 (2025): Journal of Agricultural Informatics

Section

Journal of Agricultural Informatics