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Economic Development Projects Around the World
  Economic Development
 
   
 

A boy giving a tour of family farm, funded through an IRD micro-grant

   

IRD’s Economic Development sector addresses some of the most difficult issues facing small- and medium-scale farmers and entrepreneurs in vulnerable communities throughout the world. Since 1999, IRD’s economic development programs have strengthened the capacity and resiliency of individuals and communities to protect lives, respond to recurring disasters and strengthen human capital investment.

The Economic Development sector focuses on four core areas:

  • Sustainable Agriculture, including support to agribusiness competitiveness, market linkage and value chain development in an environmentally friendly production and processing systems environment;
  • Livelihood Security;
  • Micro-Enterprise Development; and
  • Local Economic Planning and Development, supporting economic development and public/private sector partnerships.

Sustainable Agriculture
IRD has assisted tens of thousands of rural farmers and their communities by implementing agricultural practices with a cross-sectoral approach, integrating environmental health, economic profitability and social equity. In Serbia, Iraq and Azerbaijan, for example, IRD has provided technical assistance to prepare farmers for certification and established cooperatives to provide them with the collective bargaining power, economies of scale of production and access to competitive markets necessary for a sustainable source of income.

Livelihood Security
IRD provides micro-grants and technical assistance to vulnerable individuals, marginal groups and resource-poor farmers to provide them with both the financial resources and skills they need to develop a sustainable livelihood. In 2006, IRD assisted nearly 1,000 farmers and small businesses in southern Lebanon to replace tools and inventory stocks lost during the conflict with Israel. Through similar emergency livelihood security programs, IRD has assisted over 5,000 vulnerable families in Serbia, Montenegro, Azerbaijan and Iraq.

Micro and Small-Medium Enterprise Development
Micro and small enterprises provide sustainable jobs but need assistance to enhance their competitiveness, productivity and market access. This requires business and market linkage services, access to improved production technologies and organizational assistance to improve their efficiency and bargaining power. It also requires integration into existing value chains to ensure growth and sustainability. In 2006, IRD assisted apple growers in Serbia with expanding their local and export markets through improvements in packaging and advertising, and worked with fishing and livestock enterprises in Indonesia to revitalize business supply chains. Economic development is dependent on the ability to access both business and financial services, so IRD recognizes the importance of supporting the development of these service providers in rural areas.

Local Economic Planning and Development
IRD provides technical support to municipalities and community groups to assist them in undertaking municipal and regional economic development assessments, planning strategy development and project implementation. In Serbia, using a World Bank Local Economic Development methodology, nine municipalities have developed and adopted strategies resulting in improved economic infrastructure, increased investment and greater citizen participation in municipal-level planning. The support of IRD in creating public-private sector partnerships is one part of the process that contributes to local area and regional development.

Current Projects

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