
India–IBSA Fund Development Projects (2024): Advancing Trilateral South–South Cooperation
The India, Brazil, and South Africa Facility for Poverty and Hunger Alleviation (IBSA Fund) represents one of the most innovative and enduring models of trilateral South–South cooperation in the global international development architecture. Established in 2004 and becoming fully operational in 2006, the Fund was conceptualized by three major developing democracies spanning Asia, Latin America, and Africa to translate shared values of solidarity, equity, and mutual benefit into tangible developmental outcomes for fellow nations in the Global South. Rather than operating as a traditional donor-driven aid mechanism, the IBSA Fund is designed to identify, execute, and disseminate replicable, scalable, and demand-driven projects that combat poverty and hunger in partner developing countries.






