IFAD STRATEGIC FRAMEWORK 2007-2010
The IFAD Strategic Framework 2007-2010 defines how we contribute to reaching the Millennium Development Goals. The summary highlights the key elements of IFAD’s strategy and principles of engagement.
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IFAD AT A GLANCE, 1978-2008
The table shows key figures for IFAD loans, grants, programmes and projects from 2004 to 2008, together with cumulative totals since we started work in 1978.
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PRESIDENT’S FOREWORD
In 2008 there was an intensification of the world food security crisis, with food price volatility on international markets putting pressure on global food security. The year also saw the emergence of a global economic recession. The renewed interest in agriculture as an agent for lasting development was underscored by the United Nations Secretary-General’s decision to form a Task Force on the Global Food Security Crisis, and the subsequent development of the Comprehensive Framework for Action, in which IFAD played an active role. IFAD’s new President, Kanayo F. Nwanze, reflects on the events of the past year and the many challenges of the present.
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PROGRAMME OF WORK FOR 2008
Over the past six years, IFAD’s programme of work has risen by about 75 per cent, an average of nearly 10 per cent a year. Disbursements in 2008 reached a record high. This chapter looks at our operations by region, covering portfolio management highlights, priorities and activities. It also gives information on:
- quality enhancement and assurance work
- the role of the Global Environment and Climate Change Unit
- IFAD’s country presence
- the performance-based allocation system
- communication, learning and knowledge-sharing activities
- the independent Office of Evaluation’s annual report
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MAJOR CORPORATE INITIATIVES IN 2008
This chapter highlights the year’s major corporate initiatives:
- IFAD’s Action Plan for Improving its Development Effectiveness
- the Report on IFAD’s Development Effectiveness
- the corporate planning and performance management system
- the Initiative for Mainstreaming Innovation
RESOURCE MOBILIZATION IN 2008
IFAD is financed through periodic replenishments. Every three years, Member States take part in negotiations to determine the organization’s policy direction, consult with management and replenish IFAD’s resources. This chapter gives:
- key figures for the Seventh Replenishment of IFAD’s resources
- details on the successful conclusion of the consultation on the Eighth Replenishment
- information on IFAD’s approach and support to debt management through the Debt Initiative for Heavily Indebted Poor Countries and the organization’s debt sustainability framework
- a record of supplementary funds provided by donors during the year
POLICY DEVELOPMENT AND DIALOGUE
For IFAD and many of its partners, the food price crisis and climate change were central issues in policy work and dialogue during 2008. This chapter details:
- the policy development process in IFAD, sessions of the Policy Forum and policy seminars
- policies approved or reviewed in 2008, including:
- the Policy on Enterprise Risk Management
- the Policy on Improving Access to Land and Tenure
Security
- activities under the Strategy for Knowledge Management
- IFAD’s engagement in international policy and dialogue and advocacy, including:
- work to support indigenous peoples
- involvement in poverty reduction strategy processes
- contribution to United Nations reform
- participation in global and regional policy forums
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PARTNERSHIPS
Working in partnership is key to the effectiveness of IFAD’s activities. This chapter highlights the year’s achievements of three partners based at IFAD’s headquarters in Rome:
- the Belgian Survival Fund
- the Global Mechanism
- the International Land Coalition
The chapter covers IFAD’s cooperation with the Rome-based agencies of the United Nations, and partnerships that aim to promote innovation and research, inclusive financial systems, accessible financial services and more. It also reports on partnerships with multilateral agencies and work through the Farmers’ Forum.
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OPERATIONAL ASPETCS
During 2008, IFAD continued to strengthen its programme and project management processes and to align them more closely with its Strategic Framework 2007-2010. The ongoing portfolio of directly supervised projects increased substantially during the year. This chapter details the current status of the portfolio, looking at lending trends, loans to priority countries, investments by region and grants. It also gives figures for disbursements and cofinancing.
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SUMMARY OF 2008 PROGRAMMES, PROJECTS AND GRANTS
This chapter provides information on new programmes, projects and large grants approved during the year. A map shows the locations of IFAD’s ongoing programmes and projects at the end of 2008.
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FINANCIAL AND INSTITUTIONAL ASPECTS
This chapter reports on:
- IFAD’s new headquarters
- work under IFAD’s anticorruption policy
- management of IFAD’s liquidity, cash flow and financial policies
- human resource management and staff numbers
It includes an organizational chart that shows how IFAD is structured, and lists of Member States, Governors, Alternate Governors and Executive Board Directors.
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CONSOLIDATED FINANCIAL STATEMENTS'
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