Governing Council 41 - events
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41st session of the Governing Council
About the event
IFAD's 41st Governing Council, held on 13 and 14 February, is on the theme From fragility to long-term resilience: investing in sustainable rural economies.
Increasing numbers of people around the world are living in contexts, which for different reasons, may be considered to be fragile. Situations associated with relatively low institutional capacities, social and political instability, as well as (in some cases) conflict, are reducing resilience to shocks emanating from climate and weather-related conditions, environmental pressures and adverse economic conditions - with virtually all countries affected to a greater or lesser degree by these challenges. It is also notable that the incidence of violent conflict is at an all-time high, which is multiplying the numbers of internally displaced persons and refugees. These realities are undermining the prospects for sustainable development and threatening the livelihoods of the rural people with whom IFAD works.
Investing in sustainable rural livelihoods is central to peacebuilding, state-building and social stability. Rural communities are particularly susceptible to the drivers and impact of vulnerability and fragility because they rely on natural resources and risk-prone agricultural systems for their livelihoods and food security. This is exacerbated by inadequate infrastructure, weak assets and scant access to financial in poor rural communities.
Interactive sessions will provide a platform for delegates to participate in discussions around questions that are critical for the future of IFAD and its contribution to achieving the SDGs, including:
- What approaches are needed to tailor investments to the needs of young rural people in vulnerable and fragile situations?
- What types of new financing mechanisms would enable IFAD to respond most effectively to the challenges faced in building resilience?
- What are the prospects for multilateralism to contribute to addressing the challenges faced by rural communities?