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International Fund For Agricultural Development

The International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations, was established as an international financial institution in 1977 as one of the major outcomes of the 1974 World Food Conference. IFAD is dedicated to eradicating rural poverty in developing countries. Seventy-five per cent of the world’s poor live in rural areas in developing countries, yet only 4% of official development assistance goes to agriculture.

The strategic policy of IFAD is detailed in [http://www.ifad.org/sf Strategic Framework for IFAD 2007-2010: Enabling the Rural Poor to Overcome Poverty]. Its headquarters is in Rome.

Goal



IFAD's goal is to empower [http://www.ifad.org/story/index.htm poor rural women and men] in developing countries to achieve higher incomes and improved food security.

Objectives



IFAD will ensure that poor rural people have better access to, and the skills and organization they need to take advantage of:


All of IFAD's decisions - on [http://www.ifad.org/operations/index.htm regional], [http://www.ifad.org/operations/projects/regions/country.htm country] and [http://www.ifad.org/rural/ thematic strategies], poverty reduction strategies, [http://www.ifad.org/operations/policy/index.htm policy dialogue] and development partners - are made with these [http://www.ifad.org/sf/index.htm#9 principles] and objectives in mind. As reflected in the strategic framework, IFAD is committed to achieving the Millennium Development Goals, in particular the target to halve the proportion of hungry and extremely poor people by 2015.

Underlying these objectives is IFAD’s belief that rural poor people must be empowered to lead their own development if poverty is to be eradicated. Poor people must be able to develop and strengthen their own organizations, so they can advance their own interests and dismantle the obstacles that prevent many of them from creating better lives for themselves. They must be able to have a say in the decisions and policies that affect their lives, and they need to strengthen their bargaining power in the marketplace.

Working in partnership to eradicate rural poverty




Through loans and grants, IFAD works with governments to develop and finance [http://www.ifad.org/operations/projects/index.htm programmes and projects] that enable rural poor people to overcome poverty themselves.

Since starting operations in 1978, IFAD has invested more than US$10.8 billion in 805 projects and programmes that have reached more than 340 million poor rural people.

Governments and other financing sources in recipient countries, including project participants, contributed US$15.3 billion, and multilateral, bilateral and other donors provided approximately another US$9.5 billion in cofinancing.

This represents a total investment of about US$24.8 billion, and means that for every dollar IFAD invested, it was able to mobilize almost two dollars in additional resources.

IFAD tackles poverty not only as a lender, but also as an [http://www.ifad.org/pub/brochure/corporate/e.pdf advocate for rural poor people]. Its multilateral base provides a natural global platform to discuss important policy issues that influence the lives of rural poor people, as well as to draw attention to the centrality of rural development to meeting the Millennium Development Goals.

Membership



[http://www.ifad.org/governance/ifad/ms.htm Membership] in IFAD is open to any State that is a member of the United Nations or its specialized agencies or the International Atomic Energy Agency. The [http://www.ifad.org/governance/ifad/gc.htm Governing Council] is IFAD’s highest decision-making authority, with the 165 Member States each represented by a governor and alternate governor. The Council meets annually. The [http://www.ifad.org/governance/ifad/eb.htm Executive Board], responsible for overseeing the general operations of IFAD and approving loans and grants, is composed of 18 members and 18 alternate members. The [http://www.ifad.org/governance/internal/president.htm President], who serves for a four-year term (renewable once), is IFAD’s chief executive officer and chair of the Executive Board. The current, and fifth, President of IFAD is [http://www.ifad.org/governance/internal/president.htm Kanayo F. Nwanze], who was elected for a first four-year term in 2009.

Soaring food prices and the rural poor



The prices of basic food commodities have increased rapidly over the past three years. In only the first quarter of 2008, wheat and maize prices increased by 130 percent and 30 percent respectively over 2007 figures. Rice prices, while rising moderately in 2006 and more so in 2007, rose 10 percent in February 2008 and a further 10 percent in March 2008. The threat to food security in developing countries increases in stride. Coordinated action by the international community, and by the United Nations in particular, is essential.


IFAD’s immediate response has been to make available up to [http://www.ifad.org/operations/food/response.htm US$200 million] from existing loans and grants to provide an urgent boost to agricultural production in the developing world, in the face of [http://www.ifad.org/operations/food/index.htm high food prices] and low food stocks. But IFAD will also continue to press for rapid and urgent longer-term investment in agriculture, including access to land, water, technology, financial services and markets, to enable the 450 million smallholder farms in developing countries to grow more food, more productively, and thereby increase their incomes and resilience, and respond to the increasing global demand for food.

Rural poverty country profiles



*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/afghanistan Rural poverty in Afghanistan]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/albania Rural poverty in Albania]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/algeria Rural poverty in Algeria]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/angola Rural poverty in Angola]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/Argentina Rural poverty in Argentina]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/Armenia Rural poverty in Armenia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/Azerbaijan Rural poverty in Azerbaijan]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/bangladesh Rural poverty in Bangladesh]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/benin Rural poverty in Benin]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/bhutan Rural poverty in Bhutan]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/bolivia Rural poverty in Bolivia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/bosnia%20and%20herzegovina Rural poverty in Bosnia and Herzegovina]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/brazil Rural poverty in Brazil]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/burkina%20faso Rural poverty in Burkina Faso]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/burundi Rural poverty in Burundi]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/cambodia Rural poverty in Cambodia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/cameroon Rural poverty in Cameroon]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/cape%20verde Rural poverty in Cape Verde]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/chad Rural poverty in Chad]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/china Rural poverty in China]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/comoros Rural poverty in Comoros]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/congo Rural poverty in Congo]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/cote%20divoire Rural poverty in Cote d'Ivoire]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/dprkorea Rural poverty in D.P.R. Korea]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/dominican%20republic Rural poverty in Dominican Republic]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/ecuador Rural poverty in Ecuador]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/egypt Rural poverty in Egypt]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/el%20salvador Rural poverty in El Salvador]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/eritrea Rural poverty in Eritrea]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/ethiopia Rural poverty in Ethiopia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/gambia Rural poverty in Gambia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/gaza%20and%20the%20west%20bank Rural poverty in Gaza and the West Bank]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/georgia Rural poverty in Georgia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/ghana Rural poverty in Ghana]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/grenada Rural poverty in Grenada]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/guatemala Rural poverty in Guatemala]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/guinea Rural poverty in Guinea]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/haiti Rural poverty in Haiti]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/honduras Rural poverty in Honduras]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/india Rural poverty in India]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/indonesia Rural poverty in Indonesia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/jordan Rural poverty in Jordan]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/kenya Rural poverty in Kenya]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/kyrgyzstan Rural poverty in Kyrgyzstan]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/laos Rural poverty in Lao People's Democratic Republic]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/lesotho Rural poverty in Lesotho]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/macedonia Rural poverty in the Republic of Macedonia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/madagascar Rural poverty in Madagascar]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/malawi Rural poverty in Malawi]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/maldives Rural poverty in Maldives]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/mali Rural poverty in Mali]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/mauritania Rural poverty in Mauritania]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/mauritius Rural poverty in Mauritius]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/mexico Rural poverty in Mexico]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/moldova Rural poverty in Moldova]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/mongolia Rural poverty in Mongolia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/morocco Rural poverty in Morocco]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/mozambique Rural poverty in Mozambique]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/namibia Rural poverty in Namibia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/nepal Rural poverty in Nepal]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/nicaragua Rural poverty in Nicaragua]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/niger Rural poverty in Niger]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/nigeria Rural poverty in Nigeria]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/pakistan Rural poverty in Pakistan]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/panama Rural poverty in Panama]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/peru Rural poverty in Peru]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/philippines Rural poverty in the Philippines]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/romania Rural poverty in Romania]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/rwanda Rural poverty in Rwanda]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/sao%20tome%20and%20principe Rural poverty in Sao Tome and Principe]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/senegal Rural poverty in Senegal]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/sierra%20leone Rural poverty in Sierra Leone]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/somalia Rural poverty in Somalia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/sri%20lanka Rural poverty in Sri Lanka]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/sudan Rural poverty in the Sudan]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/syria Rural poverty in Syria]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/swaziland Rural poverty in Swaziland]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/tajikistan Rural poverty in Cote Tajikistan]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/tanzania Rural poverty in Tanzania, United Republic of]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/tonga Rural poverty in Tonga]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/tunisia Rural poverty in Tunisia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/turkey Rural poverty in Turkey]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/uganda Rural poverty in Uganda]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/uruguay Rural poverty in Uruguay]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/venezuela Rural poverty in the Bolivarian Republic of Venezuela]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/viet%20nam Rural poverty in Viet Nam]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/yemen Rural poverty in Yemen]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/zambia Rural poverty in Zambia]
*[http://www.ruralpovertyportal.org/web/guest/country/home/tags/zimbabwe Rural poverty in Zimbabwe]

International_Fund_for_Agricultural_Development
Source: Wikipedia