International Fund for Agricultural Development


The International Fund for Agricultural Development 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.

History

IFAD was established as an international financial institution in 1977 through United Nations General Assembly Resolution 32/107 as one of the major outcomes of the 1974 World Food Conference. Its headquarters is in Rome, Italy, and it is a member of the United Nations Development Group. The President of the IFAD is Gilbert F. Houngbo from Togo, who was elected for a four-year term in 2017.