IFAD to host high-level conference on innovative approaches to financing for rural development

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IFAD to host high-level conference on innovative approaches to financing for rural development

19 January 2017 – IFAD is joining forces with the Italian Ministry of Economy and Finance (MEF), the Brookings Institution and the University of Warwick to host an international conference in Rome aimed at advancing global efforts to end extreme poverty and hunger by 2030 through greater investments in rural development and innovative financing for smallholder agriculture that benefits the rural poor.

On 25 to 27 January, the first-ever Investing in Inclusive Rural Transformation: Innovative Approaches to Financing conference will bring together a diverse cross section of government, public and private-sector stakeholders for three days of lively and thoughtful discussions on facilitating investments in rural development and improving access to finance for investment by smallholder farmers and rural small and medium enterprises. See agenda here

"In all regions of the world, poverty and food insecurity are highest in rural areas, where three quarters of the extremely poor reside,” says Kanayo F. Nwanze, President of IFAD. “This conference comes at a critical time. Eradicating poverty and hunger will not happen by 2030 unless we step up development financing in rural areas and work together to collectively transform rural economies and societies."

Nobel Laureate Professor Eric Maskin, the Adams University Professor at Harvard University; Homi Kharas, Senior Fellow and Deputy Director, Global Economy and Development, Brookings Institution; Jean-Michel Severino, President, Investisseurs & Partenaires and Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission of India will be on hand to deliver keynote addresses.

They will be joined by a number of top experts in development, finance, agriculture and academia. Award-winning journalist Zeinab Badawi will also be on hand to moderate a panel discussion during an inaugural event hosted at the Italian Ministry of Economy and Finance on 25 January.

To follow the conference online visit www.ifad.org/ruraltransformation.

For accreditation, journalists must accredit no later than Tuesday 24 January. contact Jessica Thomas, j.thomas@ifad.org Tel: +39 06 5459 2215.

Media Advisory No. IFAD/02/2017

IFAD invests in rural people, empowering them to reduce poverty, increase food security, improve nutrition and strengthen resilience. Since 1978, we have provided about US$18 billion in grants and low-interest loans to projects that have reached some 462 million people. IFAD is an international financial institution and a specialized United Nations agency based in Rome – the UN’s food and agriculture hub.