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Scaling up our impact
As a UN Specialized Agency, IFAD partners with a wide range of multilateral organizations for knowledge generation and sharing, advocacy and engagement around inclusive pro-poor policies, and collaboration and cofinancing of investment projects.
Working with a diverse group of multilateral partners allows IFAD to leverage their capacity to promote and finance rural transformation.
Beyond the UN System, our partners include multilateral development banks and international financial institutions, such as the African Development Bank, the Islamic Development Bank, the OPEC Fund for International Development and the World Bank. IFAD also works with regional organizations such as ASEAN, COMESA, ECOWAS, the European Union and Mercosur; multilateral climate and environment funds, such as the GCF and GEF; and other multilateral organizations, such as the OECD.
"With the need to double food production by 2025, the world is facing a tremendous challenge to which we can only respond by investing properly in agriculture."
Andris Piebalgs, former European Union Commissioner for Development
Finance as a driver of food systems transformation: A new role for Public Development Banks?
One major obstacle to realizing sustainable and inclusive food systems is a lack of sufficient and appropriate financing. Recent estimates suggest that transforming food systems to deliver healthy people, a healthy planet, and a healthy economy will require an extra US$300 – US$350 billion per year for the next decade.