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WORLD BANK
In the early 1960s, when the World Bank started to expand its lending to agriculture, it turned to FAO for assistance. The two organizations signed a Memorandum of Understanding in 1964 to establish a Cooperative Programme run by specialized personnel as 'an integral part of the FAO Secretariat'. This led to the creation of the Investment Centre.
Since then, the Cooperative Programme has assisted governments in preparing around one-third of the agricultural and rural development projects financed by the World Bank/International Development Association. The Programme has also helped countries to carry out sector and subsector reviews and supported the World Bank in the appraisal, supervision and evaluation of World Bank-financed projects.
The Cooperative Programme is the oldest of the Investment Centre's work programmes, and engages about 60 percent of staff time. Since 1964 to 2008, 907 projects for a total value of USD71.4 billion have been prepared by the Investment Centre and approved by the World Bank.
Projects recently financed by the World Bank include:
Recent Centre studies with the World Bank include:
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One of the most significant problems in many developing countries is the lack of secure land tenure. The Investment Centre has prepared a number of World Bank financed-projects to enable rural and indigenous communities to obtain legal title to their land.
Useful links
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