The Global Fund for Agriculture (also referred to as the Global Agriculture and Food Security Program or GAFSP) was established in April 2010 after the 2007-2008 global food crisis. Aid to small-scale agriculture had been steadily decreasing for decades despite the fact that there are over 500 million small-scale food producers and that growth in the agriculture sector is 11 times more effective at reducing poverty than growth in any other sector.

The GAFSP was established with the primary goal of helping to fill the gap in investment for small-scale food producers in developing countries in order to improve food security and reduce poverty. The Public Sector Window (PuSW) supports medium- and long-term country-led interventions. Since April 2010, ten donor countries and one foundation have contributed $1.2 Billion to the PuSW (as of February 2017), and over 35 developing nations, including 11 in Asia, have received funding from GAFSP. The GAFSP also works through the Private Sector Window (PrSW), which provides financing aimed at increasing the commercial potential of small and medium, and big-sized agri-businesses and farmers. A total of $226 Million has been allocated to PrSW projects as of December 2016.

The GAFSP is now undertaking a full program evaluation. The program evaluation is also expected to inform the current discussion around the vision of the future GAFSP.

View/Download: GAFSP-CSO-Independent-Evaluation-Asia

#

Comments are closed

Get the latest updates on AFA
Categories
Archives