The Second Public Call for Proposals under the Global Agriculture and Food Security Program (GAFSP) was officially opened on October 29, 2012. During the 45-day period of the Call, IFC will be accepting investment proposals for agribusiness projects
Finding the necessary balance between agricultural productivity and resource efficiency is challenging, but it can be achieved by incorporating climate-friendly cleaner production techniques.
The IFC-led Global Agriculture and Food Security Program (GAFSP) – a multilateral mechanism to scale up food security in poor countries – recently approved its first transaction in Bangladesh food processing company, PRAN Group
By 2050, a 70 percent increase in world food production will be needed to feed two billion more people with most of the additional $83 billion investment likely to come from the private sector.
IFC has made agribusiness a priority because of its potential for broad development impact and especially strong role in poverty reduction. We combine investments and advisory services to help the sector address higher demand and escalating food prices in an environmentally sustainable and socially inclusive way. We also support global initiatives for sustainable production of agricultural commodities.