459. Building on four decades of successful operations, the raison d'être of this Major Programme continues to be assistance to governments in identifying investment opportunities and preparing investment programmes and projects for financing by the International Financing Institutions (IFIs). The Investment Centre Division (TCP) will continue to implement two components, i.e. the FAO/World Bank Cooperative Programme (Programme 3.2.1) and the Investment Support Programme (Programme 3.2.2) which is centred on financing from other IFIs, as well as resources through trust fund arrangements. The Investment Centre cooperates with some 20 major financing and related institutions.
460. The Major Programme seeks to increase external and domestic investment resources channelled into agricultural and rural development in developing countries and countries in transition, by helping governments interact with the major IFIs, UN partners and bilateral donors. It also facilitates links between IFIs and FAO's technical units. Through partnership activities and increased pre-investment projects funded by the Technical Cooperation Programme (TCP), the Investment Centre will continue to be active in some 100 countries, working to put agriculture and rural development firmly on the development agendas of both governments and IFIs. In doing so, it contributes to the SACOIs on Leveraging resources for FAO and its Members, Broadening partnerships and alliances and Communicating FAO's messages.
461. On average, 60% of the total cost of FAO's investment support work is met by extra-budgetary resources and the Investment Centre will aim at securing additional funding from other sources for investment promotion work. Dialogue with the IFIs and national governments also involves analytical work and pilot activities. Working closely with governments, the Major Programme contributes significantly to capacity building in formulating agriculture and rural development projects and programmes.
Prog. Entity |
Time Frame |
Title |
PWB 2004-05 |
MTP 2006-07 |
MTP 2008-09 |
MTP 2010-11 |
MTP Total |
32110 |
Continuing |
FAO/World Bank Cooperative Programme |
31,279 |
- |
- |
- |
- |
321S1 |
Continuing |
FAO World Bank Cooperative Programme - Europe, Near East, North Africa and Central Asia |
- |
7,958 |
7,958 |
7,958 |
23,874 |
321S2 |
Continuing |
FAO World Bank Cooperative Programme - Asia and Pacific |
- |
7,285 |
7,285 |
7,285 |
21,855 |
321S3 |
Continuing |
FAO World Bank Cooperative Programme - Latin America and Caribbean |
- |
6,412 |
6,412 |
6,412 |
19,236 |
321S4 |
Continuing |
FAO World Bank Cooperative Programme - West and Central Africa |
- |
5,423 |
5,423 |
5,423 |
16,269 |
321S5 |
Continuing |
FAO World Bank Cooperative Programme - Southern and Eastern Africa |
- |
3,916 |
3,916 |
3,916 |
11,748 |
Total Programme of Work |
31,279 |
30,994 |
30,994 |
30,994 |
92,982 | ||
Less External Income |
21,967 |
21,967 |
21,967 |
21,967 |
65,901 | ||
Net Appropriation |
9,312 |
9,027 |
9,027 |
9,027 |
27,081 | ||
Real Growth |
- |
1,000 |
2,000 |
3,000 | |||
Net Appropriation with Real Growth |
9,027 |
10,027 |
11,027 |
30,081 | |||
Growth in Net Appropriation (Percentage) |
0.0% |
11.1% |
22.2% |
11.1% | |||
462. The Cooperative Programme with the World Bank is organized around five identical entities covering different geographical areas. The creation of one entity for each area will facilitate the planning, monitoring and reporting of work under this Programme. Only the description of the first entity is provided below, in order to avoid unnecessary repetition.
463. The Cooperative Programme assists governments in the regions in the preparation and formulation of investment and complex technical assistance projects and programmes to reverse the decline of the investment flow to agriculture in countries facing food insecurity.
464. Enhanced agricultural investment in countries through collaboration with the World Bank, to ensure that due relevance is given to food security and to the agricultural and rural sector in its strategies and lending programmes.
- Number of Sector Review and Investment Strategy documents
- Partners' satisfaction as transpires in regular meetings
- Number of Programme and Project documents
- Funding mobilized through CP formulated projects
- Number of appraisal, technical review, mid-term review, evaluation and project completion documents.
Prog. Entity |
Time Frame |
Title |
PWB 2004-05 |
MTP 2006-07 |
MTP 2008-09 |
MTP 2010-11 |
MTP Total |
32210 |
Continuing |
Investment Support Programme |
13,455 |
- |
- |
- |
- |
322S1 |
Continuing |
Investment Support Programme - Europe, Near East, North Africa and Central Asia |
- |
2,923 |
2,923 |
2,923 |
8,769 |
322S2 |
Continuing |
Investment Support Programme - Asia and Pacific |
- |
3,222 |
3,222 |
3,222 |
9,666 |
322S3 |
Continuing |
Investment Support Programme - Latin America and Caribbean |
- |
3,119 |
3,119 |
3,119 |
9,357 |
322S4 |
Continuing |
Investment Support Programme - West and Central Africa |
- |
5,670 |
5,670 |
5,670 |
17,010 |
322S5 |
Continuing |
Investment Support Programme - Southern and Eastern Africa |
- |
4,190 |
4,190 |
4,190 |
12,570 |
Total Programme of Work |
13,455 |
19,124 |
19,124 |
19,124 |
57,372 | ||
Less External Income |
7,113 |
11,059 |
11,059 |
11,059 |
33,177 | ||
Net Appropriation |
6,342 |
8,065 |
8,065 |
8,065 |
24,195 | ||
Real Growth |
1,000 |
2,000 |
3,000 |
6,000 | |||
Net Appropriation with Real Growth |
9,065 |
10,065 |
11,065 |
30,195 | |||
Growth in Net Appropriation (Percentage) |
12.4% |
24.8% |
37.2% |
24.8% | |||
465. The Investment Support Programme, which embodies cooperation with financial institutions other than the World Bank, operates in the same manner as the Cooperative Programme, via five entities of the same scope and covering different geographical regions. Again, only one is illustrated below.
Real Growth Proposal
The Real Growth resources would allow the TCI division to restore the level of activity of the Investment Support Programme (ISP) so that it could better match the anticipated demands from partner IFIs. Priority would be given to collaboration with the International Fund for Agricultural Development (IFAD), the African Development Bank (AfDB) and the World Food Programme (WFP).
466. The ISP assists governments in the region in the preparation and formulation of investment and complex technical assistance projects and programmes to reverse the decline of the investment flow to agriculture in countries facing food insecurity.
467. Enhanced agricultural investment in countries through collaboration with partner institutions to ensure that due relevance is given to food security and to the agricultural and rural sectors in their strategies and lending programmes.
- Number of Sector Review and Investment Strategy documents
- Partners' satisfaction as transpires in regular meetings
- Number of Programme and Project documents
- Funding mobilized through ISP formulated projects
- Number of appraisal, technical review, mid-term review, evaluation and project completion documents
