Investing in rural people in Sao Tome and Principe
IFAD remains one of the most important technical and financial partners in the rural sector. Its work has led to the development of strategies and mechanisms to support poor people in rural areas.
The Spain–IFAD partnership - IFAD
Publication | 16 June 2023
The Spain–IFAD partnership
Spain is a founding member of IFAD and has contributed a total of US$105.76 million to the regular resources of the Fund since it was established in 1977. In addition, Spain has provided a total of US$18 million in supplementary grant funds.
The partnership between Spain and IFAD focuses on investing in smallholder agriculture to ensure food and nutrition security. Particular attention is paid to gender equality, climate change adaptation, sustainable land use, financial inclusion and increasing the engagement of the private sector.
In 2020, Spain and IFAD signed a new cofinancing framework to enable Spain to increase cofinancing for IFAD investment programmes.
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