Cracking the Nut 2023 ("Reducing Risk in Rural and Agricultural Development") will provide a demand‐driven, collaborative learning space where participants share experiences and best practices on innovative approaches to reducing risks and supporting rural and agricultural development, while stimulating and incentivizing private sector investment. This event will bring together approximately 300 of the world’s relevant stakeholders to discuss “tough nuts” related to appropriate approaches for blended finance and smart subsidies, including the themes below.