IFAD in Asia and the Pacific
IFAD's investments in Asia and the Pacific comprise its largest regional portfolio. As of the end of 2013, it was providing more than USD1.765 billion in financing for 60 ongoing programmes and projects in 18 of the region's 30 countries. IFAD also provides regional and country-specific grants across the region. With cofinancing by development partners and funds from governments and other domestic sources, together these operations represent a total investment of more than US$3 billion.
Ongoing initiatives supported by IFAD focus on:
- Connecting rural producers to markets and creating jobs;
- Invigorating and transforming rural communities;
- Strengthening the capacities of women and young people;
- Expanding the use of climate-smart technologies and sustainable resource management practices.
- Partnering with the private sector to drive rural growth.
More than half of the grant resources support research on innovative technologies, while about a third support training and capacity-building in rural communities. Other grant-funded activities involve advocacy, policy dialogue and knowledge sharing.
The conversations during the workshop will aim at:
- Expanding and deepening consensus about opportunities for and importance of rural transformation for sustainably eradicating poverty and malnutrition;
- Developing strategies and concrete actions for transforming rural areas into vibrant growth centres and achieving an Asia and Pacific without extreme poverty and hunger by 2030; and
- Consulting with IFAD partners on development approaches and business models.
The results of the consultations will contribute to IFAD's 2015 Governing Council, which will be held under the central theme "Rural Transformation: Key to Sustainable Development".