International Fund for Agricultural Development information
Specialised agency of the United Nations
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International Fund for Agricultural Development
IFAD member states
List A members
List B members
List C members, ratification in force
List C approved members, that still haven't ratified
Abbreviation
IFAD
Formation
15 December 1977; 46 years ago (1977-12-15)
Type
United Nations specialised agency
Legal status
Active
Headquarters
Rome, Italy
Head
President Alvaro Lario
Parent organization
United Nations Economic and Social Council
Website
ifad.org
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The International Fund for Agricultural Development (IFAD; French: Fonds international de développement agricole (FIDA)) is an international financial institution and a specialised agency of the United Nations that works to address poverty and hunger in rural areas of developing countries. It is the only multilateral development organization that focuses solely on rural economies and food security.[1]
Headquartered in Rome, IFAD is involved in over 200 projects across nearly 100 countries.[2] It funds and sponsors initiatives that improve land and water management, develop rural infrastructure, train and educate farmers in more efficient technologies, build up resilience against climate change, enhancing market accessibility, and more.[3]
IFAD has 177 member states and works in partnership with the Organization of the Petroleum Exporting Countries (OPEC) and members of the Organisation for Economic Co-operation and Development (OECD). As of 2021, since its foundation, IFAD has provided US$23.2 billion in loans and grants and coordinated an addition US$31 billion in international and domestic co-financing.[4]
^"IFAD at a glance". IFAD. Retrieved 28 August 2020.
^"IFAD at a Glance".
^"Topics". IFAD. Retrieved 28 August 2020.
^"International Fund for Agricultural Development | Department of Economic and Social Affairs". forest-finance.un.org. Retrieved 30 May 2023.
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