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    UN agriculture fund bets big on innovation to improve food security

    The International Fund for Agricultural Development focused its annual Governing Council meeting in Rome on innovations to help smallholder farmers face challenges such as climate change and economic turmoil.

    By Alessio Perrone // 15 February 2024

    Artificial intelligence, blockchain, and Web3 are some of the technologies that the United Nations’ International Fund for Agricultural Development is banking on to help farmers and improve food security by 2030.

    For smallholder farmers in low-income countries, innovation could be a lifeline with the potential to reshape their lives and the future of agriculture. That was the message at this week’s annual meeting of the IFAD’s Governing Council, which focused on “Innovation for a Food-Secure Future.”

    IFAD is a Rome-based international financial institution that provides grants and low-interest loans to support food security and resilience. Heads of state and other representatives from its 178 member states gathered in Rome to approve the strategic direction of the fund’s work during its next replenishment window for 2025 to 2027.  

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    • Agriculture & Rural Development
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    • International Fund for Agricultural Development (IFAD)
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    About the author

    • Alessio Perrone

      Alessio Perrone

      Alessio Perrone is a freelance editor and reporter at Devex. Throughout his career, he has reported on issues at the intersection of policy, environment and human interest for outlets including The Guardian, Scientific American, TIME, and others. He’s based in Milan, Italy.

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