France announces 50% increase in funding to IFAD during One Planet Summit

During the One Planet Summit on Biodiversity, held virtually on January 11, 2021, French President Emmanuel Macron announced that France will increase its funding to the International Fund for Agricultural Development (IFAD) by 50%.

France’s previous contribution to IFAD during its last replenishment cycle amounted to US$71 million.

The pledge will contribute to IFAD’s 12th replenishment, which aims to fund projects for rural people (including small-scale farmers, rural women, youth, indigenous peoples) to support food security and agricultural projects.

News article - Global citizen

Report - IFAD