Establishment of International Fund for Agricultural Development

In the early 1970s, crops failed in many parts of the world, resulting in a food crisis. With the active promotion of developing countries, the United Nations convened the World Food Conference 1974 1 1 in Rome in June, and decided to establish the International Fund for Agricultural Development (hereinafter referred to as IFAD) to provide funds for agricultural development, especially food production, in developing countries.

The United Nations Agreement on the Establishment of an International Fund for Agricultural Development came into effect on June 1977, June 65438+1October 65438+March 3. IFAD was established in 1977 12, and started its business activities from 1978 10. Now it has developed into one of the three major food and agriculture organizations of the United Nations.

At present, IFAD has 162 member countries, which are divided into three categories, namely, country I, a member of the Organization for Economic Cooperation and Development, * * * 21; Class II countries-member countries of the Organization of Petroleum Exporting Countries, *** 12 countries; The third category of countries-developing countries, *** 129 countries.

The purpose of IFAD is to raise funds and provide them to developing member countries on preferential terms for developing food production, improving people's food nutrition and gradually eliminating rural poverty. IFAD is an international financial institution that provides financial services for poverty reduction and agricultural development in developing countries.

In increasing grain output, there are short-term projects, long-term projects and policy support projects. ① Short-term projects mainly improve crop yield by improving land, irrigation and drainage, improving varieties, improving farming system and management level. (2) The long-term project is mainly to improve and improve the production and living conditions of farmers by means of building water conservancy projects, reclamation and resettlement. (3) Policy support projects are mainly to help the government solve the capital needs of agricultural policy investment such as land, price, credit, market and subsidies.

In terms of poverty eradication, IFAD mainly emphasizes that loan projects should be directly used for individual farmers and rural women with poor economic conditions, rather than for state-owned enterprises or private capital.