Guyana could tap US$2.6M new FAO agri initiative
Georgetown, Guyana - The UN Food and Agriculture Organisation (FAO) and the International Fund for Agricultural Development (IFAD) have launched a new joint project to help developing countries, particularly fragile states, manage public investments in small-scale agriculture more effectively.
The UN food agencies will co-finance the US$2.6 million initiative focusing on countries where a lack of strong national governance means development projects can face serious challenges in delivering results.
Up to 15 projects in 10 countries will be targeted over a two-year period, with priority given to projects that are already under way, but are encountering difficulties. FAO’s Investment Centre Division, which leads the organisation’s efforts to generate increased investment in agriculture and rural development, will work with countries to improve their ability to plan and implement investment programmes funded by IFAD.
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