IFAD - International Fund for Agricultural Development

Purpose

This project will support IFAD’s full environmental and climate mainstreaming agenda. Canada’s financial support to IFAD will substantiate IFAD 12th and 13th replenishment resources and be deployed via IFAD’s Performance-Based Allocation System, which includes climate dimensions as a way to direct allocation of resources to countries in highly vulnerable situations. It will contribute to increasing the programming and geographic flexibility of IFAD’s climate work to reach and benefit all Member States, while also being carefully targeted to reach the poorest and most vulnerable people in countries most affected by climate change. IFAD provides grants and low-interest loans to developing countries to support programmes and projects that promote agricultural growth and inclusive rural transformation, with a focus on helping poor rural people improve their production and productivity, build their capacity, connect to markets and services so they can grow more, earn more, and become more resilient. It targets the extreme poor and food-insecure in rural areas, with special attention to women, youth and indigenous peoples as key beneficiaries, but also as full partners.