Global Agriculture and Food Security Program (GAFSP)
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The Global Agriculture and Food Security Program (GAFSP) focuses on funding innovative agricultural projects to enhance food security through both public and private sector windows. It has allocated approximately $1.6 billion across various projects, emphasizing inclusive governance, technical assistance, and competitive allocation. Examples of funded projects include efforts in Rwanda, Tajikistan, and Bangladesh, showcasing GAFSP's commitment to partner countries and technical expertise.
Global Agriculture and Food Security Program (GAFSP)
- 1. Global Agriculture and Food Security Program (GAFSP) The Case for GAFSP: What Makes it Unique EuropeAid DEVCO Lunchtime Conference External Cooperation Infopoint Nichola Dyer, Program Manager, GAFSP November 13, 2018
- 2. Funding Mechanisms Private Sector Window ~ US$400 Million Projects: 42 investment projects, 36 advisory projects Typical project size: $30m, with $5–10 m of GAFSP grant + $5-10 m of IFC financing + additional partners financing Public Sector Window US$1.2 billion Projects: 49 projects, 31 countries Average grant size (invts): $30 m Missing Middle Pilot Initiative: • US$ 13 million • Projects: 5 • Amounts: US$ 2-3 m, grants Grants & Technical Assistance Guarantees Loans Equity Advisory
- 5. Unique Features • Innovative ideas • Development Priorities • Race to the top Partner Countries • Inclusive Governance: Consensus based • Independent technical advice • Competitive allocation • Impact Assessments GAFSP Pooling technical know-how, resources Supervising Entities Donors Civil Society Organizations
- 8. Public Sector Window, Private Sector Window, MMI Supervising Entities GAFSP GAFSP Today
- 9. Supervising Entities GAFSP GAFSP 2.0 All Investment SEs do pvt financing Synergies and complementarities of instruments Smallholder access to finance Additional investments catalyzed Private sector first where appropriate, efficient use of grants
- 10. Thank you