Provision of Consultancy Services for IFAD’s private sector offer

General information
Provision of Consultancy Services for IFAD’s private sector offer
International Fund for Agricultural Development
IFAD/2023/008/RFP
20-Dec-2023

The International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations based in Rome, Italy, hereby solicits proposals for the Provision of Consultancy Servives for IFAD’s private sector offer. Recognizing that mobilizing the kind of resources needed to transform rural economies and food systems required a more direct engagement with the private sector than what it had in the past, in February 2019, the Governing Council approved a change in the Agreement Establishing IFAD allowing it to finance directly private sector organizations and enterprises. The ambition of the Fund is to deliver stronger impact and contribution to the SDGs, notably SDG 1 and 2 as well as the Nationally Determined Contributions (NDCs) for climate action. Given the global context of stagnant ODA to agriculture and reduced fiscal space for governments of developing countries to invest in small scale producers and rural poor, the private sector has an increasingly important role to play in this agenda. This is supported by the increased focus of major private sector entities to increase their involvement on sustainable investments. To this end IFAD is seeking to hire a consultant/consultancy firm to assess IFAD’s private sector offer, review external opportunities and needs and internal constraints; and develop a Road Map for IFAD’s implementation of an enhanced private sector work and offer.

Countries or territories
Italy