The Global Agriculture and Food Security Program (GAFSP) is a multilateral partnership and financing platform dedicated to improving food and nutrition security in the world’s poorest countries. Since its inception, GAFSP has deployed US$2.4 billion in grants and concessional finance to countries, producer organizations, agribusinesses, and financial intermediaries for transformative investments across the agrifood system, reaching nearly 32 million people.
Despite this progress, hunger, malnutrition, and food insecurity remain persistent challenges, exacerbated by conflict, extreme weather, economic slowdowns, and structural inequalities. Smallholder farmers and early-stage agricultural enterprises continue to face limited access to finance, leaving many communities underserved. GAFSP’s work remains critical to building resilient, sustainable food systems and expanding equitable financing at scale.
Our History
GAFSP was launched in April 2010 as part of the global response to the 2007–08 food price crisis. Following commitments by G8 leaders (now the G7) and reaffirmed by the G20, the World Bank Group worked with donors to establish a global fund that would help implement $22 billion in pledges made at L’Aquila in 2009. Founding donors—Bill & Melinda Gates Foundation, Canada, the Republic of Korea, Spain, and the United States—were later joined by Australia, Germany, Ireland, Japan, the Netherlands, Norway, and the United Kingdom. GAFSP is a founding member of the Global Alliance Against Hunger and Poverty, which was officially launched during launched during the G20 Leaders' Summit in Rio de Janeiro in November 2024.
Read the Annual Report 2024
Transforming Food Systems With Innovative Financing Solutions
Equitable financing, both public and private, is key to resilient, sustainable food systems. Our 2024 Annual Report showcases how GAFSP’s strategic investments are driving measurable impacts, empowering farmers, strengthening communities, and transforming food systems worldwide.
Learn More About GAFSP
Explore our mission, how we work, and how we are funded:
