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The Global Agriculture and Food Security Program was born out of a crisis. Launched in 2010 after the 2008 global food crisis — which saw rice prices nearly triple, wheat prices more than double, and pushed 105 million people into poverty — the fund was designed to channel donor resources into agriculture and food security strategies in the world’s lowest-income countries.

Housed at the World Bank as a Financial intermediary fund, ���׺��� has since mobilized $2 billion in donor contributions, financing more than 190 public and private sector projects worldwide. Its aim is broad: to improve food and nutrition security while strengthening agriculture systems along the entire value chain, from farm to table.

Now, as donor budgets tighten, the fund is preparing for a smaller replenishment cycle in 2026 — and a shift in priorities. Instead of chasing billions, ���׺��� is positioning itself as a more targeted, catalytic tool. “I don’t anticipate it being massively ambitious,” Natasha Hayward, program manager for ���׺���, told Devex. “But even with this more boutique level of financing, we think we can put that to very impactful use.”