IFAD reaffirms its ‘commitment’ to helping rural people, building peace
Kuwait represented at the meet by Al-Woqayan and Al-Bader
ROME, Feb 14, (KUNA): Representatives of international organizations and the member states of the International Fund for Agricultural Development (IFAD) reaffirmed commitment to helping rural people and building peace and stability around the world.
The 41st session of IFAD Governing Council opened on Tuesday with a message from the UN Secretary-General Antonio Guterres who urged high-level government ministers and delegates to build on IFAD’s work.
“Through its investments in smallholder farming and rural development, IFAD has been fundamental in moving communities out of fragility,” he said.
“The Fund’s work also creates opportunities for young people. Our shared challenge is to build on these achievements and to do everything we can to achieve the 2030 Agenda for Sustainable Development,” Guterres stressed.
In her keynote address, Sheikh Hasina, Prime Minister of Bangladesh, highlighted how the country plans to overcome an onslaught of challenges including a growing population (the country is one of the most densely populated in the world) and rising sea levels due to climate change by investing in sustainable rural transformation.
“The challenge of leaving no one behind is most significant in rural areas. A comprehensive sustainable rural economy requires investment in the development of rural social fabric and climate resilience,” Hasina said.
The Bangladesh Prime Minister praised IFAD for its inclusive “model of mutual help and partnership,” which distinguished it from other organizations and called for development partners to be “more generous in order to eliminate poverty and hunger.” On his part, IFAD President Gilbert Houngbo pledged to strengthen the Fund’s role as a catalyst for attracting development financing to make more resources available for rural transformation and announced the mainstreaming of nutrition, gender equality, climate and youth into all areas of programmes and projects. “We must be ambitious, but we also need to be mindful of fragile situations,” Houngbo said, adding that fragility can “unravel” decades of development.
“IFAD has an essential role to play here. Sustainable and inclusive investment in rural development will build people’s resilience over the long term and prepare them to deal with these fragile situations,” he pointed out.
This year’s theme for the event held annually is “From fragility to longterm resilience: investing in sustainable rural economies.” Globally, increasing numbers of people are living in fragile situations. The incidence of violent conflict is at an all-time high, which is multiplying the numbers of internally displaced persons and refugees.
Fragility was also the focus of the 2018 IFAD Lecture, delivered by J.J. Messner, Executive Director of the Fund for Peace.
Fragility
In her introduction to the lecture, IFAD’s new Vice-President Cornelia Richter pointed out that, “fragility is at the heart of IFAD’s work, because we aim to reach those people who are the most marginalized, who live in extreme poverty and hunger.” Messner told the delegates that fragility goes beyond geographical borders, noting, “Though we often talk about fragility and resilience in terms of the nationstate, the reality is that issues of fragility and resilience often know no borders and can frequently be transnational or regional in nature.” He noted that data collection on the underlining drivers of fragility and the measurement of resilience to handle challenges needs to be improved in order to better inform policy.
“Every country - developed or developing alike - experiences fragility to different degrees. What sets countries apart is their resilience, or their ability to withstand shocks and capacity to respond effectively to those pressures,” he added.
IFAD has invested in rural people in its 176 member states for 40 years, empowering them to reduce poverty, increase food security, improve nutrition and strengthen resilience.
The Rome-based Fund has provided USD 19.7 billion in grants and low-interest loans to projects that have reached about 474 million people.
The current session was to continue until Wednesday evening with Kuwait being represented by Deputy Governor of the Central Bank and Deputy Director-General of Kuwait Fund for Arab Economic Development (KFAED) Hesham Al-Woqayan and the country’s Representative to IFAD Youssef Al-Bader.