The Global Agriculture and Food Security Program (GAFSP) is a multilateral partnership and financing platform dedicated to improving food and nutrition security in the world’s poorest countries. Since its inception, GAFSP has deployed US$2.4 billion in grants and concessional finance to countries, producer organizations, agribusinesses, and financial intermediaries for transformative investments across the agrifood system, reaching nearly 32 million people.
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GAFSP was launched in April 2010 as part of the global response to the 2007–08 food price crisis. Following commitments by G8 leaders (now the G7) and reaffirmed by the G20, the World Bank Group worked with donors to establish a multi-donor trust fund that would help implement $22 billion in pledges made at L’Aquila in 2009. Founding donors—Bill & Melinda Gates Foundation, Canada, the Republic of Korea, Spain, and the United States—were later joined by Australia, Germany, Ireland, Japan, the Netherlands, Norway, and the United Kingdom.
