The Global Agriculture and Food Security Program (GAFSP) will also participate in the Global Alliance sprint focused on support programs for small-scale and family farmers.

The Global Agriculture and Food Security Program (GAFSP), a multilateral financing partnership focused on food and nutrition security, has pledged up to $182 million in funding through the Global Alliance Against Hunger and Poverty, a major priority of Brazil’s G20 presidency. The program, with a global portfolio valued at $2.5 billion, benefits over 20 million people across 55 low-income countries.

Additionally, GAFSP will participate in the Global Alliance sprint focused on support programs for small-scale and family farmers. This initiative aims to strengthen national programs in developing countries by providing additional expertise and co-financing for the implementation of national policies that empower small-scale and family farmers, driving investments based on specific needs.

These commitments were announced on October 24th at a high-level roundtable co-hosted by GAFSP and Brazil’s G20 presidency. “With over a decade of proven experience and scalable best practices, the program is uniquely positioned to support the implementation of the Global Alliance’s goals. GAFSP’s comprehensive set of financing tools can help make the Alliance’s objectives a reality in low-income countries,” said James Catto, Chair of the GAFSP Steering Committee.

Camila Costa, Project Director at Brazil’s Ministry of Finance, also praised the initiative on behalf of Brazil’s G20 presidency. “The Global Alliance welcomes the partnership with GAFSP. Together, we can ensure that countries facing the highest levels of food and nutrition insecurity find solutions, and that international partners align with their own goals and objectives to combat hunger, malnutrition, and multidimensional rural poverty,” she said.

As the United Nations Decade of Family Farming enters its next phase, GAFSP will continue to increase its direct support to smallholder organizations in low-income countries. The program plans to launch a new call for proposals in 2025 to benefit projects led by producer organizations focused on implementing, improving, or expanding support services for small-scale producers. GAFSP will also unlock additional private and climate financing for investments in small-scale and family farming in low-income countries, particularly through a new $75 million funding window known as the Business Investment Financing Track (BIFT).

MDS Communications Office, with information from GAFSP and Ministry of Finance