IFAD provides grants and low-interest loans in support of pro-poor agriculture and management of natural resources in the developing world. It is something of a paradox that, while there is broad agreement that micro-, small and medium enterprises (MSMEs) are an integral part of the economy in developing countries, they remain underserved. Nepal has the perfect topographical, geographical and climatical conditions to reap crops and medicinal herbs. On 25 April 2015, a 7.8 magnitude earthquake struck Nepal with a series of strong aftershocks including one of 7.3 magnitude on 12 May 2015. There are three major climatic regions in Nepal, with each providing unique crops. List of Agriculture Companies in Nepal . Since 1978, IFAD has invested US$261.8 million to finance 16 projects and programmes related to agricultural development in Nepal, benefiting 797,353 households. The CFC seeks to support business activities in the field of commodity development, including agriculture, minerals … The International Fund for Agricultural Development (IFAD; French: Fonds international de développement agricole (FIDA) is an international financial institution and a specialised agency of the United Nations that works to address poverty and hunger in rural areas of developing countries.It is the only multilateral development organization that focuses solely on rural economies and food security. PLANNED Under design after concept note approval, APPROVED Approved by the Executive Board or IFAD President. IFAD and Nepal have signed a financing agreement to significantly improve incomes and food and nutrition security for 35,000 rural farming households in 10 districts in State 6. But the current level of investment is not enough for the country to reach the middle-income stage from the current low-income status as targeted, according to a World Bank report. The best crop-yielding area is Terai, which borders India. Ltd., Nepalese Farming Institute . Nepal has strong potential for development. the Governing Council of International Fund for Agriculture Development (IFAD) Rome, 13-14 February 2018 Mr. Chairperson Distinguished Governors from IFAD Member countries Ladies and Gentlemen It is indeed an honor and pleasure to address this august session of IFAD Governing Since its foundation in 1977, IFAD has provided US$22.4 billion in loans and grants and coordinated an addition US$31 billion in international and domestic co-financing. Includes planned, ongoing and closed projects, Type: Country Strategic Opportunities Programme, Approved by the Executive Board or IFAD President, Value chains for Inclusive Transformation of Agriculture Programme, Samriddhi - Rural Enterprises and Remittances Project, Adaptation for Smallholders in Hilly Areas Project, Improved Seed for Farmers Programme (Kisankalagi Unnat Biu-Bijan Karyakram), High-Value Agriculture Project in Hill and Mountain Areas, Leasehold Forestry and Livestock Programme, Western Uplands Poverty Alleviation Project, Poverty Alleviation Project in Western Terai, Groundwater Irrigation and Flood Rehabilitation Project, Hills Leasehold Forestry and Forage Development Project, Production Credit for Rural Women Project, Integrated Rural Development Project (Sagarmatha Zone). Stress-tolerant rice varieties (STRVs) are bred to be high yielding and tolerant to climate shocks such as drought. By 1987 sixteen countries and six international agencies participated in the group. Nepal is a landlocked country with a rich diversity of ethnicities and cultures. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The country’s agriculture sector is a mix of crop and livestock farming. FOOD SECURITY SNAPSHOT Area planted with 2021 wheat crop estimated at above‑average level Cereal production in 2020 close to record level Near‑average cereal import requirements forecast for 2020/21 marketing year (July/June) Monsoon floods and … Nepal participates in a number of UN specialized agencies and is a member of the World Bank, International Monetary Fund, Colombo Plan, and the Asian Development Bank. At least seventeen countries offered bilateral assistance. 15 Nov 2019 / The Green Climate Fund (GCF) has signed implementation agreements for three climate finance projects immediately after they were approved by the GCF Board during its meeting on 12-14 November. IFAD was established as an international financial institution in 1977 through United Nations General Assembly Resolution 32/107 (30 December 1977) as one of the major outcomes of the 1974 World Food Conference. Influence of 2015 earthquake. The Independent Office of Evaluation of IFAD and the Government of Nepal are holding a one-day workshop to share the findings of an independent evaluation of IFAD’s operations in Nepal over the last seven years (2013-2019). But urban-rural disparities are high, and over 80 per cent of Nepal’s poor people live in rural areas. Agriculture is central to the national economy. She explains why the underdeveloped agricultural sector in Nepal is an opportunity, not a problem. [2] It funds and sponsors initiatives that improve land and water management, develop rural infrastructure, train and educate farmers in more efficient technologies, build up resilience against climate change, enhancing market accessibility, and more.[3]. GDP in Nepal has grown more slowly than in any other country in South Asia– 5.4 per cent in 2014, with an annual average of 4.43 per cent between 2006 and 2014. U.S. imports from Nepal include carpets, apparel and jewelry. Rural development projects financed and supported by IFAD have contributed to increased agricultural productivity and incomes of smallholder farmers in Nepal, according to a new report presented today. According to the International Labour Organisation, agriculture provides livelihoods for 68 percent of Nepal's population, accounting for 34 percent of the GDP. [1], Headquartered in Rome, Italy, IFAD is involved in over 200 projects across nearly 100 countries. This area is a large crop-producing area but is compromised heavily by the changing climate, which is causing crop yield to be erratic. The reasons for agriculture being one of the 10 best sectors to invest in Nepal are: With growing population and more mouths to feed, agriculture and its need are arising day by day. Rice farmers in the mid-hills region of Nepal are vulnerable to drought, which can drastically reduce yields. GDP From Agriculture in Nepal averaged 212151.05 NPR Million from 2001 until 2019, reaching an all time high of 274188 NPR Million in 2019 and a record low of 158416.88 NPR Million in 2001. Features 20 Apr 2020. Through a competitive tender process, organisations or a consortium are selected for funding awards to support the country’s National Action Plan, by reinforcing existing surveillance systems, strengthening laboratory infrastructure, developing human capacity or technical skills and using protocols for appropriate antimicrobial use. This is especially the case relative to peacebuilding, reconciliation, reconstruction and economic recovery following a 10-year civil war that broke out in 1996. In particular, we focus our investments on the hill and mountain areas, where poverty levels are high and access to infrastructure, services and markets is extremely limited. Agriculture in Nepal is a major aspect of the economy, employing more than 66 percent of the workforce.Because so many of Nepal’s citizens rely on agriculture for their income, many economic development initiatives in Nepal … The Federal Democratic Republic of Nepal has an estimated population of more than 26 million and is known for its mountain peaks that include the legendary Mount Everest. This is unchanged from the 2011 poverty rate. Since 1978, IFAD has invested US$261.8 million to finance 16 projects and programmes related to agricultural development in Nepal, benefiting 797,353 households. In 2016, Nepal became one of few countries in the world with a single-country trade preference program with the United States. Confidential Green farming PREFACE AgrifoodConsulting International Agriculture Development Strategy (ADS) 2015 to 2035 Part: 1 Government of Nepal Nepal’s capital city is Kathmandu. The International Finance Company’s (IFC) of the World Bank Group was the first to introduce the concept of PE Venture fund in Nepal. In Nepal, the economy is dominated by agriculture.In the late 1980s, it was the livelihood for more than 90% of the population, although only approximately 20% of the total land area was cultivable, it accounted for, on average, about 60% of the GDP and approximately 75% of exports. Funds published before 2 September 2020 were published by the Department for International Development (DFID). Nepal’s average unemployment rate was 3.4% for 2019 per the International Monetary Fund. The International Fund for Agricultural Development (IFAD; French: Fonds international de développement agricole (FIDA) is an international financial institution and a specialised agency of the United Nations that works to address poverty and hunger in rural areas of developing countries. Under the auspices of World Bank, the Nepal Aid Group was created in 1976. To meet this situation, the United States Governor of the Bank has proposed the creation of an International Development Association as an affiliate of the Bank. As of 2014 the country had the lowest per capita GDP in South Asia (US$426 in constant 2005 US dollars), and the highest level of poverty, 25.2 per cent of the population, based on the international poverty line of US$1.25 per day. Bertken: “When people are interested in doing business in Nepal, they always ask me about the 2015 earthquake. Nepal aims to become a middle-income country and achieve the Sustainable Development Goals by 2030. The hill regions are crucial t… Nevertheless, Nepal struggles to produce an adequate supply of food for its citizens. The country’s topography and ecology are highly varied, ranging from fertile plains in the south to mountains in the north. Projects. The Common Fund for Commodities (CFC) is seeking applications for its 8th Call for Proposals to support of commodity development activities in eligible countries. ... to various countries like Singapore and Germany these days and want to sell it worldwide in cheapest price you can get from Nepal. MOAC – Ministry of Agriculture and Cooperatives NAP – National Agricultural Policy NARC – Nepal Agricultural Research Council NARDF – National Agriculture Research and Development Fund NFC – Nepal Food Corporation NGO – nongovernment organization NLSS – Nepal Living Standards Survey NRM – Nepal Resident Mission Receive the latest IFAD news and updates direct to your inbox. Nepal’s landmass falls under three ecological zones – the Terai (plains), the hills and the mountains. The International Fund for Agricultural Development (IFAD) is an international financial institution and a specialized agency of the United Nations dedicated to eradicating poverty and hunger in rural areas of developing countries. The level of commitment from the Nepal Aid Group had increased from Rs1.5 billion in 1976-77 to Rs5.6 billion in 1987-88. It is the only multilateral development organization that focuses solely on rural economies and food security. The women left behind are taking on increasing responsibility for both household and farm management. Its headquarters is in Rome, Italy, and it is a member of the United Nations Development Group. "NGOs have played a crucial role in organizing and promoting small farmers," he says. This area has a subtropical climate that supports the production of rice, wheat, barley, oil seeds, jute, tobacco, indigo and even opium. 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