GAFSP is a multilateral mechanism to assist in the implementation of pledges made by the G8++ at the L’Aquila Summit in July 2009 and was set up in response to a request from the G20 in Pittsburgh in September 2009. The objective is to address the underfunding of country and regional agriculture and food security strategic investment plans already being developed by countries in consultation with donors and other stakeholders at the country-level.
GAFSP is implemented as a Financial Intermediary Fund (FIF) for which the World Bank serves as Trustee. The World Bank also hosts a Coordination Unit (CU) within the Agriculture Global Practice that provides support to the Steering Committee. The CU oversees overall Program operations, manages the Program’s Public Sector Window, which includes the Missing Middle Initiative(MMI), and coordinates with the IFC, which manages GAFSP’s Private Sector Window.
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Our Steering Committee
The ultimate decision-making body of the GAFSP is its Steering Committee, established in April 2010. The Steering Committee is comprised of Voting Members and Non-Voting Members. The current chair of the Steering Committee (from March 2017) is Germany.
Voting members are limited to an equal number of major donors and recipient representatives. The recipient representatives, representing their respective regions and not their location countries, were selected in two meetings in April 2010 through a self-selection by World Bank Executive Directors representing at least one IDA country.
Non-voting members are representatives of potential Supervising Entities: African Development Bank (AfDB), Asian Development Bank (ADB), Food and Agriculture Organization (FAO), Inter-American Development Bank (IDB), International Fund for Agricultural Development (IFAD), World Bank, and World Food Programme (WFP), International Finance Corporation (IFC), civil society organizations (CSO) (one drawn from an OECD country and two representing recipient regions), and the Director of Sustainable Development in the Executive Office of the Secretary-General at the United Nations. CSO representatives are selected through a self-selection process managed through their respective networks.View Meeting Minutes