Sub-Regional Strategic Opportunities Programme (SRESOP)
IFAD prepared its first Sub-regional Strategy for the Pacific in 2004. Under the 2004 strategy, IFAD financed eleven regional and five country projects. It also welcomed four new members from the Pacific Islands. In 2014, an updated strategy was required as an instrument to plan and communicate with partners for continued expansion of IFAD regional and country level investments in the Pacific. This strategy covers eleven IFAD member countries in the Pacific: Cook Islands, Fiji, Kiribati, Marshall Islands, Nauru, Niue, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu. While the total population is 2.2 million with 340,000 rural poor, the remoteness, vulnerability and levels of hardship justify IFAD support.
The goal of the IFAD programme in the Pacific was that: Governments and other partners are successfully expanding efforts that reduce poverty in rural areas using evidence, results and knowledge acquired through IFAD-financed investments. IFAD set strategic objectives to reach that goal. They are:
- · People in outer islands and remote areas produce, consume and market more local foods in environmentally sustainable ways;
- · Increase rural incomes from farm and non-farm income generating and employment opportunities;
- · IFAD will focus on isolated areas facing hardship including atolls, outer islands and upland and marginal areas. Within these, IFAD will work in areas prone to natural disaster and over-exploitation of natural resources.
FCG ANZDEC was responsible of prepareing SRESOP project.