IV. Multilateral cooperation

Class of school children in the San Miguel region of El Salvador

Luxembourg chairs the IFAD Governing Council

In February 2012, the Minister for Development Cooperation and Humanitarian Affairs, Ms Marie-Josée Jacobs, chaired the Governing Council, the supreme body of the International Fund for Agricultural Development (IFAD), based in Rome. The event, entitled “Sustainable smallholder agriculture, feeding the world, protecting the planet”, brought together a significant number of international experts and distinguished guests from around the world.

IFAD works to eliminate extreme poverty and hunger in the world (MDG1) and, in 2012, represented 163 Member States, a portfolio of 21.9 billion US dollars, including co-funding in the form of loans and donations, with 237 projects and programmes around the world.

Luxembourg will continue to chair the Governing Council until February 2014, with Mexico and Indonesia as vice-chairs. The Governing Council also resulted in a joint Benelux declaration addressing rural poverty in the world.

Luxembourg has been a member of IFAD’s Executive Board since 2011 and sits in its Evaluation Committee. Luxembourg also assumed the role of coordinator of List A during this period.