IFAD Annual Report 2023
IFAD’s Annual Report 2023 describes how IFAD is innovating to assemble more finance to invest in rural people and how it is evolving to have even greater impact on the ground.
In 2022, IFAD issued its first two sustainable private placements under the highest and most widely accepted environmental, social and governance international standards for this type of debt capital market instrument.
With its first Impact Report – which is aligned with ICMA’s Harmonised Framework for Impact Reporting for Social Bonds – IFAD demonstrates how the proceeds of these private placement issuances have been invested in rural people, in particular smallholder farmers who are key to global food security and account for the majority of food production in some regions.
Providing support to rural communities and smallholder farmers is the essence of IFAD’s Strategic Framework. As the only development finance institution that focuses exclusively on rural transformation, IFAD is well positioned to play a key role in achieving the Sustainable Development Goals of the United Nations.
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