Thursday, July 29We Break the News

Rome

Annual report 2020: 123 million rural people reached as IFAD steps up fight against hunger, poverty and exclusion

Annual report 2020: 123 million rural people reached as IFAD steps up fight against hunger, poverty and exclusion

AFRICA, FOOD, Hunger and Poverty, Rome
Rural small-scale producers at the centre of IFAD’s work in East and Southern Africa Rome, 23 July 2021 - As the COVID-19 pandemic raged around the world pushing millions more people into hunger and poverty, the UN’s International Fund for Agricultural Development (IFAD) increased its support for the most vulnerable and marginalized people, according to the IFAD Annual Report 2020 released today. With 203 ongoing projects and total financing of US$7.5 billion, IFAD was able to reach 123 million people in 2020. “Despite the challenges of 2020, we remain convinced that our vision of a world free of poverty and hunger is attainable and should remain in focus,” said Gilbert F. Houngbo, President of IFAD. “Doing more to build the resilience of rural people does not only mean scaling u...
IFAD and partners to announce upcoming coalition to support public development banks’ financing of sustainable and equitable food systems

IFAD and partners to announce upcoming coalition to support public development banks’ financing of sustainable and equitable food systems

Rome
Rome, 27 July 2021 – Creating sustainable and equitable food systems that benefit the world’s most vulnerable people will require substantial investments – by some estimates as much as US$350 billion per year over the next decade. Public Development Banks (PDBs) have the potential to help finance this, and generate exponential social and economic returns, according to the International Fund for Agricultural Development (IFAD) who will today announce the formation of a coalition of partners to turn that potential into action. “Public development banks already make considerable investments in food and agriculture. If we harness and redirect those investments to support the transition towards fairer and more sustainable food systems, this could be a game-changer,” said Gilbert F. Hou...
A holiday gift with impact: crowdfunding solar-powered water access in Africa

A holiday gift with impact: crowdfunding solar-powered water access in Africa

AFRICA, EAST AFRICA, EDUCATION, Rome, Solar, TECHNOLOGY, UGANDA
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...
Dutch funding to IFAD will help avert COVID-19 food crisis

Dutch funding to IFAD will help avert COVID-19 food crisis

AFRICA, EUROPEAN UNION, INTERNATIONAL, Rome, WORLD
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...
error: Content is protected !!