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

Women pastoralists gather in Gujarat, India. Two-thirds of rural inhabitants depend on roughly 500 million small and family farms for their livelihood. These farmers face significant constraints in accessing resources and technology. ©IFAD/Michael Benanav 16 January 2017 – IFAD is joining forces with the Italian Ministry of Economy and Finance, 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...

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VIDEO: Connecting remote rural communities with financial services

  6 January 2017 - Remittance flows to and within Africa amounted to more than US$65 billion in 2016 and are expected to grow to US$80 billion by 2020. These flows represent a lifeline for more than 200 million people. Despite their importance, Sub-Saharan Africa remains the most costly region in the world to send remittances to, with an average cost of 9.5 per cent compared to a global average of 7.4 per cent. African postal networks, which already enjoy a high level of trust among rural people, may be one way of providing much-needed financial services as well as reducing remittances transaction costs. In some cases, post offices already provide remittance services in Africa, offering rates as low as 5 per cent. But in general, African postal networks lack resources and expertise to make a bigger impact on the remittance market and the lives of rural families.  IFAD is hoping to change that. Through the African Postal Financial...

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Peru: The Majaz case

In 2001, Monterrico Metals plc., acquired 8 mining concessions in Peru, one of which concerns the Río Blanco project in the north of Peru. If everything goes as planned, said project will involve opening one of the largest open pit copper mines of Peru, clearing the way for a large-scale mining district in the High Amazone region with serious social-economic and ecological consequences.

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Producing climate smart cassava in Mozambique

As climate change continues to devastate rural farming, one IFAD project is using stem plantation to help farmers adapt.

Over 400 million poor rural people have participated in programmes and projects supported by IFAD and partners around the world, and they all have stories to tell. Here are some of those stories, featuring women and men who are working to overcome poverty and determine the direction of their own lives. These ground-level accounts of hope and empowerment reside on the Rural Poverty Portal, powered by IFAD.

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