The International Fund for Agricultural Development (IFAD)

unct-ye-ifad-girl-image-2016Photo: Mohammed Al-dharafy/UN

 

IFAD was established in 1977 as an international financial institution to mobilize concessional resources for programmes that alleviate rural poverty and improve nutrition. Thus the Fund has a very specific mandate: To combat rural hunger and poverty in developing countries. IFAD’s main objective is to provide direct funding and mobilize additional resources for programmes specifically designed to promote the economic advancement of the rural poor, mainly by improving the productivity of farming activities.

IFAD is working in Yemen since 1979, financing to date a total of USD 248 million for 23 programmes directly benefiting 771,000 households (5,83 million people). All the programmes, integrated into country’s socio-economic development plans.

There are four ongoing IFAD-funded programmes and projects in Yemen worth at USD 258.6 million (co-financed by EU, ASAP, IsDB, GEF, AFPPF, GoY, and beneficiaries).

These include: 1) Economic Opportunities Programme; 2) Fisheries Investment Progrmme, 3) Rural Employment Programme, and 4) Rural Growth Programme. These projects cover the poorest and marginalized regions , and focus explicitly on the creation of economic and employment opportunities for the rural poor through community mobilization, gender mainstreaming, strengthening producer’s organizations, improving the management of natural resources, promoting environmental sustainability, building resource-community resilience, and the creation and development of value chains.