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IFAD Report: Inclusive Rural Development Key to Achieving SDGs

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The International Fund for Agricultural Development (IFAD) launched the 2016 issue of the Rural Development Report, which analyzes lessons learned from IFAD's experiences in fostering inclusive rural transformation in over 60 countries across the world. The report, sub-titled 'Fostering Inclusive Rural Transformation,' highlights how such a transformation can contribute to achieving the Sustainable Development Goals (SDGs).

the report stresses that eliminating poverty in rural areas requires governments to tailor policies and investments toward inclusive rural transformation. The authors identify four categories of rural transformation into which most regions and countries fall: adapt; amplify; accelerate; and a combination of these. They suggest specific rural development strategies for each category. The report also addresses how factors such as rights to land, access to finance, gender equality, social protection, employment, and youth populations can affect interventions.

A key finding of the report is that most countries that have sustained a rapid transition away from poverty have advanced their agricultural sectors and diversified their economies. Other findings highlight: rural job creation as just as important as spurring economic growth; and the role of finance and financial services as critical to long-term transformation of rural livelihoods. It notes that two billion people lack access to regulated financial services, while 73% of poor people do not have bank accounts.

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ATTACHMENT: IFAD Report: Inclusive Rural Development Key to Achieving SDGs

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