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.
The International Fund for Agricultural Development (IFAD) is an international financial institution and specialized United Nations agency based in Rome, the UN’s food and agriculture hub. It is the only multilateral development institution that focuses exclusively on transforming rural economies and food systems. It works in remote regions of developing countries and fragile situations, where few aid agencies or international financial institutions venture.
The Fund invests in rural people, empowering them to increase their food security, improve the nutrition of their families and increase their incomes. The Fund helps them build resilience, expand their businesses and take charge of their own development. Since 1978, IFAD has provided US$22.4 billion in grants and low-interest loans to projects that have reached an estimated 512 million people.