Global Donor Platform for Rural Development
Godesberger Allee 119 | 53175 Bonn | Germany
phone: +49 228 249 341 65
fax: +49 228 249 342 15
The Global Agriculture and Food Security Programme has announced a new round of grants to fight hunger and poverty. A total of USD 177m will be disbursed to five African countries and Kyrgyz Republic, which were selected from a competitive pool of 18 completed applications.
This special funding made in the context of the L'Aquila commitment aims principally at increasing incomes, and improving food security in recipient countries, adding to the initial African countries (Ethiopia, Liberia, Niger, Rwanda, Sierra Leone, and Togo) from the previous rounds of funding.
GAFSP is a multilateral mechanism to assist in the implementation of pledges made by the G20 in Pittsburgh in September 2009. The objective is to address the underfunding of country and regional agriculture and food security strategic investment plans already being developed by countries in consultation with donors and other stakeholders at the country-level. This will make aid contributions toward the achievement of the Millennium Development Goal 1 to cut hunger and poverty by half by 2015 more predictable.
The GAFSP is implemented as a financial intermediary fund for which the World Bank serves as trustee. The World Bank also hosts a small coordination unit that provides support to the GAFSP steering committee.