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The Mitigation Advantage: Maximizing the co-benefits of investing in smallholder adaptation initiatives
Adaptation for Smallholder Agriculture Programme (ASAP) brochure
The Adaptation for Smallholder Agriculture Programme (ASAP) was launched by the International Fund for Agricultural Development (IFAD) in 2012 to make climate and environmental finance work for smallholder farmers. A multi-year and multi-donor financing window, ASAP provides a new source of cofinancing to scale up and integrate climate change adaptation across IFAD’s approximately US$1billion per year of new investments. The programme is joined up with IFAD’s regular investment processes and benefits from rigorous quality control and supervision systems.
ASAP is driving a major scaling up of successful ‘multiple-benefit’ approaches to smallholder agriculture, which improve production while reducing and diversifying climate-related risks. In doing so, ASAP is blending tried-and tested approaches to rural development with relevant adaptation know-how and technologies. This will increase the capacity of at least 8 million smallholder farmers to expand their livelihood options in an uncertain and rapidly changing environment.
Finance for Food: Investing in Agriculture for a Sustainable Future
IFAD Policy brief 2: An empowerment agenda for rural livelihoods
The use of remittances and financial inclusion
Proceedings of the 2nd Global Meeting of the Indigenous Peoples Forum at IFAD, 12-13 February 2015
African Conference on Remittances and Postal Networks – official report
ODI ASAP Progress Review
This Progress Review evaluates the status of IFAD’s Adaptation to Smallholder Agriculture Programme (ASAP) at programme mid-term, 2.5 years after the first ASAP-investment has been approved by the IFAD Executive Board.
Creating pathways out of poverty in rural areas: Managing weather risk with index insurance
Refinancing facilities: IFAD introduces an innovation in rural finance development
IFAD uses highly concessional loans in an innovative way in the Republic of Macedonia, the Republic of Armenia and the Republic of Moldova. Low-cost refinancing capital makes rural investments attractive and profitable for formal financial institutions and reduces rural poverty by stimulating economic growth.
In the past seven years, IFAD has successfully used refinancing facilities in economies in transition to stimulate investments on farms and in rural processing companies. The facilities have refinanced projects for a total value of over US$50 million in the Republic of Moldova, the Republic of Macedonia and the Republic of Armenia, with an excellent recovery performance. Refinancing operations have proved to be a viable alternative to established modes of financing rural investments through lines of credit and microfinance. And they have encouraged financial institutions to expand their rural networks and start investing in agro-projects from their own funds.