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International Fund for Agricultural Development (IFAD) 415 views

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Every community, no matter how neglected or remote, has one tremendous resource: its people

Three quarters of the poorest people in the world live in the rural areas of developing countries. Most of them depend on agriculture for their livelihoods.

Climate change, a growing global population, and volatile food and energy prices have the potential to push millions more vulnerable people into extreme poverty and hunger by 2030.

At the International Fund for Agricultural Development (IFAD) we invest in rural people, empowering them to increase their food security, improve the nutrition of their families and increase their incomes. We help them build resilience, expand their businesses and take charge of their own development.

IFAD is an international financial institution and specialized United Nations agency based in Rome, the UN’s food and agriculture hub. Since 1978, we have provided over US$21 billion in grants and low-interest loans to projects that have reached about 491 million people.

The challenge

With a growing global population that will exceed 9 billion by 2050, a widening gap between rich and poor, and growing competition for resources, the major issues facing humanity cannot wait.

IFAD works where poverty and hunger are deepest: in the most remote regions of developing countries and fragile situations, where few development agencies venture.

We’ve developed a cost-effective, people-centred and partnership-oriented approach that delivers results. Small-scale agriculture is central to our development model, which connects farmers and poor rural women and men to markets and services so they can grow more and earn more.

The opportunity

Agriculture is a proven engine for poverty reduction. GDP growth generated by agriculture is more effective in reducing poverty than growth in any other sector. In sub-Saharan Africa, growth in agriculture reduces poverty up to 11 times faster than growth in other sectors.

IFAD-supported projects have shown that − with access to finance, markets, technology and information − rural people can lift themselves out of poverty.

But our work does more than help rural people grow and earn more. It also promotes gender equality and inclusiveness, builds the capacity of local organizations and communities, and strengthens resilience to climate change.

By advocating for poor rural people and financing projects that transform rural areas, our work is critical to the achievement of the 2030 Agenda for Sustainable Development.

Vision

Rural transformation that lasts

We envision vibrant, inclusive and sustainable rural economies, where people live free from poverty and hunger.

Our mission

Our mission is to transform rural economies and food systems by making them more inclusive, productive, resilient and sustainable. We invest in the millions of people who are most at risk of being left behind: poor, small-scale food producers, women, young people and other vulnerable groups living in rural areas.

IFAD is the only specialized global development organisation exclusively focused on and dedicated to transforming agriculture, rural economies and food systems. We target our support to reach the last mile and remotest areas, to help millions of rural people to:

  • Increase their productivity and access markets
  • Create and access jobs and rural economic growth
  • Increase their incomes, move out of poverty and improve their food and nutrition security
  • Build their resilience in the face of a changing climate and manage the natural resource base sustainably
  • Improve their coping mechanisms in fragile and conflict environments
  • Strengthen their voice, capacities and organizations

IFAD catalyses public and private investments, helps strengthen policies and promotes innovation, in order to achieve sustainable benefits for the poor at scale and support all countries to achieve lasting, systemic change. We work with governments, the private sector, civil society and other development partners and use a range of instruments, tools and knowledge to respond to the challenges facing countries with the most critical needs.

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