The Multilateral Cooperation Center for Development Finance’s (MCDF’s) Governing Committee approved the recommendation for accreditation of the International Fund for Agricultural Development (IFAD) as an Implementing Partner of the MCDF Finance Facility on 19 April.

The Governing Committee is the main decision-making body of the MCDF’s Finance Facility, a multilateral financial mechanism with the mission of enhancing high-quality connectivity infrastructure through partnership.

IFAD is an international financial institution and a United Nations specialized agency. It invests in rural people, empowering them to reduce poverty, increase food security, improve nutrition and strengthen resilience.