International Fund for Agricultural Development (IFAD) is a specialized agency of the United Nations (UN). IFAD provides financial assistance for agricultural and rural development in poor countries. Most countries that belong to the UN, including many developed nations, are members of IFAD.
IFAD finances projects designed to introduce, expand, and improve food production systems in developing countries. It also works to strengthen such nations’ agricultural policies and institutions. In addition, it tries to improve the nutritional level and living conditions of the poorest people in developing countries.
IFAD was established in 1977. Its headquarters are in Rome.