The Thirty-first Governing Council Session of the International Fund for Agriculture Development (IFAD) focused on challenges and opportunities for smallholder farmers in the context of climate change and new demands on agricultural production, including the rising cost of commodities.
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Speaking prior to a meeting with key government officials in the Kingdom of Saudi Arabia, IFAD Assistant President Matthew Wyatt said the “urgent new challenges such as climate change, a precarious global food supply and rising commodity prices,” make our long and successful partnership more crucial than ever.
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The International Fund for Agricultural Development (IFAD) has agreed to fund a US$ 42.2 million project in Yemen to help reduce rural poverty by reversing the accelerating trend of natural resource degradation in five of the country's poorest areas.
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Lennart Båge, President of the International Fund for Agricultural Development (IFAD), announced that he had signed a US$ 35 million loan in Viet Nam to expand market access and develop businesses for small farmers in Mekong Delta.
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