Global Agriculture and Food Security Program

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Cumulative

Project-Specific Cofinancing $84.9 million

2023

Project-Specific Cofinancing $10 million

The Global Agriculture and Food Security Program (GAFSP), established in 2009, is an intermediary fund designed to support strategic agriculture and food security investments. This global initiative aims to help developing countries achieve food security and increased income, provide multisector investments to fill national and regional financing gaps in food security strategies, and scale up promising agricultural technologies.

Specifically, GAFSP’s public sector funding window assists strategic country or regional programs arising from sector-wide country or regional consultations. The private sector window provides long- and short-term loans, credit guarantees, and equity to support private sector activities for improving agricultural development and food security.

Highlights

Sovereign Cofinancing. In 2023, GAFSP supported the Lao People’s Democratic Republic (Lao PDR) in addressing issues of productive rural infrastructure and watershed management in mountainous provinces of Northern Lao PDR by using an integrated land use planning approach and feasible watershed protection measures.

News

13 Sep 2022

ADB’s $70 Million Support to Improve Horticulture in Nepal’s Hilly Areas

ADB approved a $70 million financing to improve the livelihood and climate resilience of horticulture farmers in the hilly areas of five provinces in Nepal. The project will boost the productivity of 30,000 farmer households by developing around 10,000 hectares of climate-resilient fruit and nut orchards. Partial grants will be provided to farmer groups and cooperatives to shoulder investment costs. The beneficiaries, represented by at least 30% women and 20% from disadvantaged groups, will be trained in climate change adaptation practices.

31 Jan 2022

ADB Approves Two Grants to Boost Tourism and Rice Production in Cambodia

ADB approved two grants totaling $6.8 million to help revive tourism in Cambodia, boost the country’s rice quality and production, and repair the rice supply chain damaged by the COVID-19 pandemic. At $3.7 million, one grant is expected to benefit 4,000 villagers through the Community-Based Tourism COVID-19 Recovery Project. The other grant, at $3.9 million, will benefit about 22,000 smallholder rice farmers by providing additional financing for the Climate Resilient Rice Commercialization Sector Development Program.

Stories

Providing Diverse Solutions through Cambodia’s Commune Development Program

ADB, the Global Agriculture and Food Security Program, and the Government of Cambodia supported the Commune Land Use Planning (CLUP) initiative in three rice-growing provinces of Battambang, Kampong Thom, and Prey Veng. CLUP strengthens development planning in communes to address the demands of diverse stakeholders while balancing the need for environmental sustainability and socioeconomic development.

Is Cambodian Rice Ready for the World Market?

Keen on exporting its surplus rice, Cambodia is priming its rice sector to enter the world market while keeping the national stock, farmers’ welfare, and agricultural resources in check. Together with the Global Agriculture and Food Security Program and the Strategic Climate Fund under the Climate Investment Funds, ADB is helping the government transform the sector into a commercially oriented industry that is also up to the challenges of climate change.