To assure continuity of IFAD’s operations, the Governing Council periodically reviews the adequacy of resources available to the Fund. Such review is conducted through the establishment of a Consultation on the Replenishment of IFAD's Resources. The Replenishment Consultation is also an important mechanism for Members to discuss and recommend future policy and institutional directions for the Fund. Upon conclusion, the Consultation presents a report and resolution for adoption by the Governing Council.

The first session of the Consultation on the Ninth Replenishment of IFAD’s Resources was held on 21 February 2011, in Rome, Italy. The discussions focussed on IFAD’s progress at the midterm of IFAD8 and the workplan for IFAD9 (see the Chairperson’s Summary). The three sessions of the IFAD9 Replenishment Consultation were held in Rome on:

• 13-14 June
• 24-25 October
• 15-16 December

The Report and the Resolution of the Consultation was submitted to the Governing Council for adoption in February 2012.