Global Agriculture and Food Security Program Innovative donors at the request of the G20 in April...

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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– 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

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

Eligible Countries in AsiaEast Asia South Asia

Cambodia Afghanistan

Kiribati Bangladesh

Laos PDR Bhutan

Mongolia Maldives

Samoa Nepal

Solomon Islands Sri Lanka

Timor-Leste

Tonga

Vanuatu

Country Project Strategy Funding (USD million)

Supervising Entity

Bangladesh Integrated Agriculture productivity Project

CIP 50.0 World BankFAO

Cambodia Food Assistance Project and Climate Resilient Rice Commercialization Sector Development Program

SAW 39.1 ADB

Mongolia Integrated Livestock-based Livelihoods Support Program

NFSP NLP 12.5 World Bank FAO

Nepal Agriculture and Food Security Project

AFSS 46.5 World Bank

GAFSP Funded Projects In Asia

Funding availabilityStatus Total (USD million)

Pledged 1200 (917 public window)

Received (Dec 2011) 855 (702 public window)

Allocations 658 (public window – 18 countries)

Next Round of Funding??

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

Outline of Proposals

• Two parts1. Summary of Overall Agriculture and Food Security

and Associated Investment Plan2. 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)

Five components of GAFSP,1. Raising Agricultural Productivity

– Adoption of higher yielding technologies– Technology generation– Water management– Land rights and land use

2. Linking Farmers to Markets– Reduce transfer and transaction costs– Other value addition– Supporting mobilization of rural finance

3. Reducing Risk and Vulnerability– Managing price and weather risk– Strengthening food-related social protection– Improving nutrition of vulnerable groups

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

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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