IFAD Governing Council at 10th anniversary session launches third replenishment.To help mankind's poorest billion... IFAD IFAD International Fund for Agricultural Development IFAD Ifa Delays Governing Council at 10th anniversary session launches third replenishment The problems and progress made in helping the world's small farmers and rural poor--mankind's poorest billion--were reviewed at the eleventh session of the Governing Council of the International Fund for Agricultural Development International Fund for Agricultural Development(IFAD), specialized agency of the United Nations with headquarters in Rome, Italy. IFAD grew out of the 1974 World Food Conference; it was established in 1977 and is comprised of 161 member nations. (IFAD) held from 26 to 29 January in Rome. The Agency aims to help these people grow better crops, reduce hunger, improve nutrition and increase living standards living standards npl → nivel msg de vida living standards living npl → niveau m de vie living standards living npl . The 142-member IFAD Governing Council focused on the Fund's first decade of operations and launched the process of replenishing for the third time IFAD resources so it can continue to improve the lot of the rural poor in developing countries. Founded as a result of the l974 World Food Conference, IFAD began operations in l978. It is the first international financial institution created exclusively for the benefit of the rural poor. So far, about ll0 million people--l8.3 million rural families--have benefited from IFAD projects. Achievements Despite fewer resources to draw upon than in its early years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time Fund has recently been executing more projects. IFAD's newer projects have attracted more co-financing by other donors--international financial insititutions and indiviual countries--which pool their resources with those of the Fund. IFAD's own financial share in each project has declined. Governments of countries where projects are located now contribute more to financing. Since l978, IFAD has helped to channel $10 billion to 221 projects in 89 developing countries. The total includes some $2.5 billion provided in IFAD loans and grants, multiplied by 3-to-1 matching of funds from co-financiers ($3.4 billion) and from Governments of countries whose people are helped ($4.2 billion). IFAD-financed projects stress self-help and the direct participation of the rural poor in projects. Focus on neediest IFAD continues to assist most needy countries, including sub-Saharan African nations, the 40 least developed countries and low-income food-deficit States. IFAD has made special efforts to increase concessional loans and grants to these States, but their problems, the Agency has said, are "so complex that only a very determined effort will enable them to break out of the vicious circle vi·cious circle n. A condition in which a disorder or disease gives rise to another that subsequently affects the first. in which they are trapped." During the session, the IFAD Special Programme for Sub-Saharan African Countries Affected by Drought and Desertification desertification Spread of a desert environment into arid or semiarid regions, caused by climatic changes, human influence, or both. Climatic factors include periods of temporary but severe drought and long-term climatic changes toward dryness. received additional pledges of more than $30 million, raising its funding to about $303 million. Second decade In the next 10 years, the Fund expects to emphasize traditional crop development, credit delivery to the poorest, small-scale irrigation irrigation, in agriculture, artificial watering of the land. Although used chiefly in regions with annual rainfall of less than 20 in. (51 cm), it is also used in wetter areas to grow certain crops, e.g., rice. , low-cost self-help environmental protection, strengthening of applied research programmes, livestock and fisheries fisheries. From earliest times and in practically all countries, fisheries have been of industrial and commercial importance. In the large N Atlantic fishing grounds off Newfoundland and Labrador, for example, European and North American fishing fleets have long development, rural off-farm activities to generate employment and income, and grass roots-based delivery institutions. PHOTO : Pope John Paul II Pope John Paul II (Latin: Ioannes Paulus PP. II, Italian: Giovanni Paolo II, Polish: Jan Paweł II) born Karol Józef Wojtyła at tenth anniversary session of IFAD welcomed as `vigorous and PHOTO : compassionate defender of world's poor' |
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