What is the function of IFAD?
The International Fund for Agricultural Development (IFAD), is an international organization whose objective of to improve agricultural development and livelihoods in developing countries.
Where is the IFAD located?
Rome
IFAD is an international financial institution and specialized United Nations agency based in Rome, the UN’s food and agriculture hub.
What does IFAD mean?
International Fund for Agricultural Development.
Who established IFAD?
IFAD was established as an international financial institution in 1977 through United Nations General Assembly Resolution 32/107 (30 December 1977) as one of the major outcomes of the 1974 World Food Conference. Its headquarters is in Rome, Italy, and it is a member of the United Nations Development Group.
Why was IFAD established?
Partly in response to severe famines in the southern Sahara in the early 1970s, the 1974 World Food Conference adopted a resolution that established IFAD in November 1977. The organization is headquartered in Rome, Italy.
Who does IFAD help?
In line with IFAD’s Strategic Framework 2016-2025, IFAD’s approach encourages involvement in reducing rural poverty at all levels of government; sets up and strengthens farmers’ organizations; and supports empowerment of poor rural people, especially women and young people.
Who is the head of IFAD?
Gilbert Houngbo
Kanayo F. Nwanze
International Fund for Agricultural Development/Presidents
What is the background of IFAD?
IFAD was established at the 1974 World Food Conference and its mission is to enable poor people in rural areas to overcome poverty and improve their food security. IFAD gives concessionary loans to finance projects to improve the living conditions of rural populations in the poorest developing countries.
Is IFAD an NGO?
Given these distinct features and advantages, IFAD values NGOs as players in the fight against rural poverty and hunger. Indeed, the opportunities for collaborative action to substantially reduce the vulnerability of the poor are there; these opportunities must be exploited.
Is IFAD part of the United Nations?
IFAD is both a specialized United Nations agency and an international financial institution (IFI).
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