Project profile — World Food Programme Forward Purchase Facility



Overview 

CA-3-M013343001
$20,000,000
THE UNITED NATIONS WORLD FOOD (41140)
2010-09-09 - 2013-12-31
Closed
Global Affairs Canada
YFMInternaAssistPartnershp&Programing Br

Country / region 

• Africa, regional (60.00%)
• Asia, regional (30.00%)
• America, regional (10.00%)

Sector 

• Emergency Response: Emergency food aid (72040) (100.00%)

Description 

The Forward Purchase Facility (FPF) is an innovative pilot program of the World Food Programme (WFP) that allows WFP to make advance purchases of cereals and other food items at favourable prices to provide for future food aid emergency needs. By purchasing in advance of these emergency needs when food prices are favourable, this makes the WFP able to reduce delivery times and achieve greater cost efficiencies. The FPF also supports the piloting of alternative procurement approaches, which further strengthen WFP’s ability to purchase commodities at advantageous prices, and provide capacity support within WFP's procurement and financial management functions.

Expected results 

N/A

Results achieved 

N/A

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Contributions to specific-purpose programmes and funds managed by implementing partners
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