Rome, 23 December 2020 – This holiday season, some of the world’s poorest families in Somalia and Malawi look set to access water through innovative solar energy products financed through a crowdfunding project set up by the UN’s International Fund for Agricultural Development (IFAD).
“Tackling extreme poverty can sometimes seem overwhelming, but there are some incredibly simple and effective technologies that can literally change the lives of people living in some of the most remote places in the world,” said Ambrosio Barros, IFAD’s Country Director for Malawi. “Crowdfunding is a quick and effective way to mobilise finance so that we can immediately bring these innovative products to the people who need them.”
Through this pilot project, IFAD has invested in training NGOs, who c...
Rome, 16 November 2020 – As more people spiral into hunger and poverty due to the COVID-19 pandemic, the Netherlands has stepped up its funding to the UN’s International Fund for Agricultural Development (IFAD) to help avert a rural food crisis.
Their €6 million contribution to IFAD’s Rural Poor Stimulus Facility will help small-scale famers continue to grow and sell food amidst COVID-19 restrictions in movement and trade. The Facility was launched in April by IFAD’s Goodwill Ambassadors, Idris and Sabrina Elba, and it provides rural producers with timely access to inputs, markets, liquidity and information to ensure an uninterrupted food supply.
“Rural small-scale producers grow much of the world’s food. Investments in them are investments in global stability, su...