IFAD and the 2030 Agenda: Transforming rural lives: building a prosperous and sustainable future for all

Despite much progress – extreme poverty has been halved since the Millennium Development Goals (MDGs) were adopted in 1990 – there are still 767 million extremely poor people in the world, and more than 75 per cent of them live in the rural areas of developing countries. Population increases and rising incomes are creating a growing demand for food, which creates both opportunities and challenges for people working in rural areas, including in smallholder agriculture and in the non-farm economy. Rising agricultural productivity, more jobs off the farm and migration are reshaping rural lives, but so too are climate change, environmental degradation, conflict and forced displacement. 

IFAD’s experience in developing countries over the past 40 years clearly shows that investing in rural people leads to poverty reduction and economic growth that go beyond agriculture and rural areas. IFAD’s 2016 Rural Development Report presented evidence that inclusive and sustainable rural transformation is fundamental to economic and social growth, and to poverty reduction at the national level.