Financing for Development: Examining the Concept of Resource Mobilization for International Organizations, a case study of the International Fund for Agricultural Development (IFAD)
Keyword(s):
The International Fund for Agricultural Development (IFAD) was established in 1977 under unique circumstances during a period of severe food crisis coupled with the oil crisis. Although it was bestowed with a broad mandate to “mobilize additional resources to be made available on concessional terms for agricultural development in developing member states”, IFAD has relied almost exclusively on donor contributions through the traditional replenishment process to finance its operations. As a result, the scope and scale of IFAD’s operations has been dependent on its ability to mobilize resources from its donors, these contributions have not been particularly forthcoming.