Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Finance

    NEW IFAD GRANT SUPPORTS EFFORTS TO HELP INDIGENOUS PEOPLES FIND THEIR OWN DEVELOPMENT PATH

    NEW IFAD GRANT SUPPORTS EFFORTS TO HELP INDIGENOUS PEOPLES FIND THEIR OWN DEVELOPMENT PATH

    Published by Gbaf News

    Posted on December 15, 2017

    Featured image for article about Finance

    The Executive Board of the International Fund for Agricultural Development (IFAD) has recently approved a US$3 million grant in support of indigenous peoples’ communities in developing countries for the period 2017-2020.

    “With this grant, IFAD strengthens its commitment to support indigenous peoples and more importantly their control over their own development,” said Antonella Cordone, Senior Technical Specialist Indigenous Peoples and Tribal Issues at IFAD.

    There are more than 370 million self-identified indigenous people in the world, representing about five percent of the world’s population and living in at least 70 countries. They represent 15 percent of the world’s poorest people and are among the world’s most vulnerable and disadvantaged groups.

    “We should not see indigenous peoples as victims. They possess unique knowledge and have skills that can help address many of the challenges we are facing today, in particular, climate change,” added Cordone.

    The grant will support up to 35 demand-driven projects by indigenous peoples’ communities as well as help three indigenous peoples’ partner organizations develop their capacity to better serve the interest of indigenous people in Asia, Africa, Latin America and the Caribbean.

    The grant will focus on indigenous youth and prioritize projects which build their capacities, as well as promote indigenous farming systems, develop niche markets and promote farming as a viable and attractive economic activity for youth.

    The 2017-2020 grant will finance the fifth cycle of IFAD’s Indigenous Peoples Assistance Facility (IPAF). Created in 2006, IPAF is a unique facility based on the principle of indigenous peoples self-determined development. It funds small projects that indigenous peoples’ communities and their organizations design themselves and that build on their culture, knowledge, natural resources, and human rights.

    The launch of the IPAF global call for proposals is expected by the end of January 2018.

    The IPAF Board consists of a majority of representatives of indigenous peoples’ institutions and the Facility is managed by three regional indigenous peoples’ organizations: the International Indigenous Women’s Forum (IIWF/FIMI) in Latin America and the Caribbean, the Tebtebba Foundation in Asia and the Pacific, and the Samburu Women Trust in Africa. These organizations will receive $660,000 in support from the IFAD grant for the next three years.

    The grant is 50 percent larger when compared to the previous three-year cycle. This is a result of an increased contribution from IFAD, support from the Christensen Fund and Tamalpais Trust (two US foundations), as well as from the Fund for the Development of Indigenous Peoples of Latin America and the Caribbean (FILAC) and the International Work Group on Indigenous Affairs (IWGIA). Twenty percent of the grant will be provided by provided by indigenous peoples’ organizations.

    IFAD has worked with indigenous peoples for more than 30 years. Since the adoption of the UN’s Declaration on the Rights of Indigenous Peoples in 2017, IFAD has strengthened its engagement with indigenous peoples and has progressively been recognized as a champion in empowering communities to define and pursue their own development path.

    In the past decade, IFAD has financed some 123 projects in developing countries corresponding to $1.6 billion in loans in support of indigenous people and around $40 million in grants.

    The Executive Board of the International Fund for Agricultural Development (IFAD) has recently approved a US$3 million grant in support of indigenous peoples’ communities in developing countries for the period 2017-2020.

    “With this grant, IFAD strengthens its commitment to support indigenous peoples and more importantly their control over their own development,” said Antonella Cordone, Senior Technical Specialist Indigenous Peoples and Tribal Issues at IFAD.

    There are more than 370 million self-identified indigenous people in the world, representing about five percent of the world’s population and living in at least 70 countries. They represent 15 percent of the world’s poorest people and are among the world’s most vulnerable and disadvantaged groups.

    “We should not see indigenous peoples as victims. They possess unique knowledge and have skills that can help address many of the challenges we are facing today, in particular, climate change,” added Cordone.

    The grant will support up to 35 demand-driven projects by indigenous peoples’ communities as well as help three indigenous peoples’ partner organizations develop their capacity to better serve the interest of indigenous people in Asia, Africa, Latin America and the Caribbean.

    The grant will focus on indigenous youth and prioritize projects which build their capacities, as well as promote indigenous farming systems, develop niche markets and promote farming as a viable and attractive economic activity for youth.

    The 2017-2020 grant will finance the fifth cycle of IFAD’s Indigenous Peoples Assistance Facility (IPAF). Created in 2006, IPAF is a unique facility based on the principle of indigenous peoples self-determined development. It funds small projects that indigenous peoples’ communities and their organizations design themselves and that build on their culture, knowledge, natural resources, and human rights.

    The launch of the IPAF global call for proposals is expected by the end of January 2018.

    The IPAF Board consists of a majority of representatives of indigenous peoples’ institutions and the Facility is managed by three regional indigenous peoples’ organizations: the International Indigenous Women’s Forum (IIWF/FIMI) in Latin America and the Caribbean, the Tebtebba Foundation in Asia and the Pacific, and the Samburu Women Trust in Africa. These organizations will receive $660,000 in support from the IFAD grant for the next three years.

    The grant is 50 percent larger when compared to the previous three-year cycle. This is a result of an increased contribution from IFAD, support from the Christensen Fund and Tamalpais Trust (two US foundations), as well as from the Fund for the Development of Indigenous Peoples of Latin America and the Caribbean (FILAC) and the International Work Group on Indigenous Affairs (IWGIA). Twenty percent of the grant will be provided by provided by indigenous peoples’ organizations.

    IFAD has worked with indigenous peoples for more than 30 years. Since the adoption of the UN’s Declaration on the Rights of Indigenous Peoples in 2017, IFAD has strengthened its engagement with indigenous peoples and has progressively been recognized as a champion in empowering communities to define and pursue their own development path.

    In the past decade, IFAD has financed some 123 projects in developing countries corresponding to $1.6 billion in loans in support of indigenous people and around $40 million in grants.

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe