Sustaining hard-won gains and mitigating against new shocks
IFAD’s mission is to create inclusive and sustainable rural economies, where people live free from poverty and hunger. While we are focused on long-term development, we also need to mitigate shocks that arise in this era of converging crises—from COVID-19, to climate change, to the war in Ukraine.
In response, IFAD has set up the Crisis Response Initiative (CRI), which will protect livelihoods and build resilience in rural communities by addressing the urgent needs caused by the subsequent crises while tapping into new market opportunities for small-scale producers. It will focus on tailored interventions to prevent hunger and food insecurity arising, while supporting sustainable food systems.
Regions of particular concern are the Horn of Africa, Southern Africa, the Sahel, Central Asia and North Africa. Because needs are enormous and resources are very limited, IFAD will prioritize countries most affected first. As more resources become available, IFAD will consider other countries according to need.
IFAD is calling on its Member States to contribute to the significant resources required to cover 22 countries in need, as well as any emerging countries identified as priorities.
For over forty years, IFAD has significantly increased the resilience of millions of poor people and protected their livelihoods from severe shocks, most recently through the Rural Poor Stimulus Facility, established in response to the COVID-19 crisis. The CRI will draw on this vast experience and provide critical support for local and regional markets, as demand for small-scale production increases.
As a specialized UN agency and international financial institution, IFAD’s role in a crisis is to support resilience and capacity in order to mitigate the impact of shocks, while protecting longer-term development gains.
Targeted and tailored interventions will:
Ensure access to inputs, such as seeds, fuel, and fertilizer;
Support access to finance for rural producers’ immediate needs;
Invest in small-scale infrastructure to improve productive capacity and reduce post-harvest losses;
Facilitate access to markets and information on markets.
Conflict and food insecurity go hand-in-hand. As a major food and commodities exporting region, the war in Ukraine has caused not only a humanitarian crisis, but is also increasing food and fuel prices, which in turn are impacting the world’s most vulnerable people.
International Financial Institutions (IFIs) play a crucial role in responding to shocks at scale. They contribute financing, technical assistance, knowledge, and engage with policymakers to address rising food insecurity. Recognizing the essential role of IFIs in times of crises, the U.S. Department of the Treasury has released an IFI Action Plan to Address Food Insecurity.
This brief lays out the key elements of IFAD’s response to the global impacts of the war in Ukraine. Our goal is to protect the development gains and livelihoods of poor rural people, while reinforcing their resilience, focusing on the poorest and most affected countries.