International Fund for Agricultural Development (IFAD) | IAS Target IAS Target

International Fund for Agricultural Development (IFAD)

The International Fund for Agricultural Development (IFAD) is an international financial institution and a specialized agency of the United Nations dedicated to eradicate poverty and hunger in rural areas of developing countries. It was set-up as an international financial institution in 1977 through the United Nations General Assembly as one of the major outcomes of the 1974 World Food Conference. Seventy-five percent of the world's poor live in rural areas in developing countries. IFAD is a member of the United Nations Development Group.

The strategic policy of IFAD is detailed in the Strategic Framework for IFAD 20112015:

  • Enabling the Rural Poor to Overcome Poverty.

Formation 15 December 1977
Headquarters Rome, Italy
Parent organization United Nations Economic and Social Council

Objectives of IFAD

  • Natural resources, especially secure access to land and water, and improved natural resource management and conservation practices
  • Transparent and competitive markets for agricultural inputs and produce
  • Opportunities for rural off-farm employment and enterprise development
  • Local and national policy and programming
  • Improved agricultural technologies and effective production services
  • A broad range of financial services