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Global Agriculture and Food Security Program

Global Agriculture and Food Security Program. Innovative donors at the request of the G20 in April 2010 Improving food security for poor and vulnerable people. www.gafspfund.org. Background an other Info. Trustee: World Bank

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Global Agriculture and Food Security Program

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  1. Global Agriculture and Food Security Program Innovative donors at the request of the G20 in April 2010 Improving food security for poor and vulnerable people www.gafspfund.org

  2. Background an other Info • Trustee: World Bank • Financial intermediary with respect to the GAFSP proceeds administered by the supervising entities • Donors • Australia • Bill & Melinda Gates Foundation, • Canada, • Ireland, • South Korea, • Spain, • United Kingdom, • United States

  3. Country eligibility • Countries that are eligible for IDA but do not have access to lending from the IBRD. • Comprehensive agriculture and food security strategies and investment plans • Conducive investment climate and policy environment • Increasing share of public budget spent on agriculture • Limited alternative sources of concessional financing

  4. Eligible Countries in Asia

  5. GAFSP Funded Projects In Asia

  6. Funding availability Next Round of Funding??

  7. Country Selection Criteria • Country Need (30) • MDG 1 - portion of people below poverty • Poverty gap • % of the poorest quintile in national consumption • Prevalence of underweight children under 5 years of age • % of population below min dietary energy consumption • Country Readiness (30) • Agricultural development strategy and investment plan • Proposal Readiness (40) • Specific objectives and targeted results, • Activities to be financed, • Implementation arrangements, • Amount of financing requested, • Time frame of proposed support • Risks and risk management, and • Consultation with local stakeholders and development partners

  8. Outline of Proposals • Two parts • Summary of Overall Agriculture and Food Security and Associated Investment Plan • Specific Proposal for GAFSP funding • Sections and Contents (Guides available online) • No Financial Support for preparation of proposals (Suggested to use TCP; FOA Donor Trust Fund in support of country strategic planning and investment development)

  9. Five components of GAFSP, • Raising Agricultural Productivity • Adoption of higher yielding technologies • Technology generation • Water management • Land rights and land use • Linking Farmers to Markets • Reduce transfer and transaction costs • Other value addition • Supporting mobilization of rural finance • Reducing Risk and Vulnerability • Managing price and weather risk • Strengthening food-related social protection • Improving nutrition of vulnerable groups

  10. Five components of GAFSP 4. Improving Non-Farm Rural Livelihoods • Improving the investment climate • Promoting non-farm rural entrepreneurship 5. Technical Assistance, Institution-Building, and Capacity Development • Capacity-building for sector strategy, investments and implementation • Enhancing design, monitoring and evaluation • Knowledge development and dissemination • Private sector advisory services

  11. Proposal Submission • MOF should submit to the GAFSP coordination unit • Cosigned by MOF and technical agency • Endorsed by the in country sector working groups for agriculture or food security

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