By 2050, it is estimated that theworld s agricultural system will need to produceapproximately 50 percent more food to feed an estimated 9billion people. In emerging markets, agriculture is the mostimportant economic sector and source of employment; morespecifically, 75 percent of the world s poor live in ruralareas and depend on agriculture for their incomes. Withvolatility in food prices putting additional pressure onsocial and political systems, increasing global demand forscarce resources, widespread droughts, and rising concernsover food safety issues, sustainable agriculturaldevelopment is an urgent priority. IFC also contributes totransforming agribusiness at the country level by workingwith groups of smallholders and industry associations. Forinstance, IFC has helped to upgrade the operations ofCambodian rice farmers and millers so that their nationalindustry can compete on an international level. In thefollowing pages, there will be numerous illustrations of thework that we do with our private sector clients, typicallycombining finance and advice. This powerful combination ofmoney and knowledge helps our clients not only sustain butalso grow their businesses, thereby paving the way forrobust job creation, growth, and positive environmental andsocial benefits.
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