The International Fund for Agricultural Development (IFAD) is one of the founding partners of the Rainwater for Food Security programme. The fund is a specialised UN agency, dedicated to eradicating rural poverty in developing countries.
It was established as an international financial institution in 1977, as one of the major outcomes of the 1974 World Food Conference. This conference was organised in response to the food crises of the early 1970s, which primarily affected the Sahelian countries of Africa. It resolved that “an International Fund for Agricultural Development should be established immediately to finance agricultural development projects primarily for food production in the developing countries.”
The institution ensures that poor rural people have the skills and organisation they need to eradicate their poverty, and that they have better access to:
Working with poor rural people, governments, donors, non-governmental organizations (NGOs) and many other partners, IFAD focuses on country-specific solutions, which can involve increasing poor rural people’s access to financial services, markets, technology, land and other natural resources.