The Global Agriculture and Food Security Program (GAFSP) is a multilateral mechanism to assist in the implementation of pledges made by the G20 in Pittsburgh in September 2009. The objective is to improve incomes and food and nutrition security in low-income countries by boosting agricultural productivity. Approximately 75% of the poor live in rural areas and most depend on agriculture for their livelihoods. Agriculture growth is two to four times more effective at reducing poverty than growth in any other sector.
Following aid-effectiveness principles, GAFSP addresses the underfunding of country and regional agriculture and food security strategic investment plans that are already being developed by countries in consultation with donors and other stakeholders at the country-level. GAFSP works in partnership with African Development Bank, Asian Development Bank, FAO, Inter-American Development Bank, IFAD, World Bank, and the World Food Programme.
The GAFSP includes both a public and private sector financing window:
Fifth Annual Report (data as of December 2015, pdf)
Framework Document (adopted February 2010, pdf)
Governance Document (adopted May 2010, revised August 2011, pdf)