Agribusiness & Forestry
Agribusiness plays an important role in poverty reduction. The agricultural sector often accounts for at least half of GDP and employment in many developing countries. For that reason, it is a strategic priority for IFC.
We help the private sector address rising demand and escalating food prices in an environmentally sustainable and socially inclusive way. We also support global initiatives for sustainable production of agricultural commodities.
To help clients finance inventories, seeds, fertilizers, and chemicals for farmers, IFC offers working capital facilities. To ease trade and lower costs, we pursue investments in infrastructure, such as warehouses and cold storage. To bring land into sustainable production, we work to improve productivity by transferring technologies and making the best use of resources. We also help companies set benchmarks for responsible production, in line with industry best practices.
In FY12, our new commitments in agribusiness and forestry totaled slightly more than $1 billion, accounting for about 7 percent of commitments for IFC’s own account.