International Fund for Agricultural Development
| Abbreviation | IFAD |
|---|---|
| Formation | 15 December 1977 |
| Type | United Nations Specialised Agency |
| Legal status | Active |
| Headquarters | Via Paolo di Dono, 44, 00142 Rome, Italy |
| Coordinates | 41°49′47″N 12°29′39″E / 41.82972°N 12.49417°E |
Region served | Worldwide |
Official language | English, French, Spanish, Arabic |
President | Álvaro Lario |
Vice-President | Gérardine Mukeshimana |
Parent organization | United Nations |
| Website | www |
The International Fund for Agricultural Development (IFAD) is an international financial institution and a specialised agency of the United Nations that works to address poverty and hunger in rural areas of developing countries. It is the only multilateral development organization that focuses solely on rural economies and food security.
IFAD is involved in over 200 projects across nearly 100 countries. It funds and sponsors initiatives that improve land and water management, develop rural infrastructure, train and educate farmers in more efficient technologies, build up resilience against climate change, enhancing market accessibility, and more.
IFAD has 180 member states with the Organization of the Petroleum Exporting Countries (OPEC) and members of the Organisation for Economic Co-operation and Development (OECD). As of 2021, since its foundation, IFAD has provided US$23.2 billion in loans and grants and coordinated an addition US$31 billion in international and domestic co-financing.