Enhancing IFAD11 business model to deliver impact at scale
IFAD has a track record of adapting its business model. Over the past two replenishment cycles it introduced several changes to its way of contributing to rural poverty reduction and promoting food security though direct supervision, greater decentralization, a sharper focus on non-lending products, stronger partnerships with the private sector, and differentiated approaches for specific country needs. To meet the challenges posed by scarce official development assistance (ODA), IFAD has diversified its funding sources. Internally, IFAD has continued to upgrade its service delivery platform to support the evolving business model and the decentralization strategy. IFAD is now proposing a range of improvements, with a focus on results and innovation, across the entirety of its business model, aimed at achieving larger impact.