France and IFAD share a commitment to ending poverty and hunger through sustainable rural development. Both place smallholder farmers and rural people at the centre of their agenda and recognize the crucial role of agriculture to increase food security, reduce poverty and mitigate climate change.

IFAD’s Executive Board approved its first loan to the United Republic of Tanzania in 1978 – the second loan ever approved by the board.

Denmark and IFAD share a long-standing partnership to fight poverty and hunger. Agriculture and the food sector are the basis of their common approach to promoting sustainable rural transformation, which is essential to tackling environmental degradation and climate change.