International Fund for Agricultural Development
The International Fund for Agricultural Development (IFAD; French: Fonds international de développement agricole (FIDA)) is an international financial institution and a specialised agency of the United Nations that works to address poverty and hunger in rural areas of developing countries.
|Formation||15 December 1977|
|Type||United Nations specialised agency|
|United Nations Economic and Social Council|
IFAD was established as an international financial institution in 1977 through United Nations General Assembly Resolution 32/107 (30 December 1977) as one of the major outcomes of the 1974 World Food Conference. Its headquarters is in Rome, Italy, and it is a member of the United Nations Development Group. The President of the IFAD is Gilbert F. Houngbo from Togo, who was elected for a four-year term in 2017.