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Representatives from multiple IFAD Member States seated at IFAD's 47th Governing Council

Governing Council

©IFAD/Daniele Bianchi

 

The Governing Council is IFAD’s highest decision-making body and consists of all of IFAD’s Member States. The Council meets annually in Rome and makes decisions on issues such as new members; appointment of the President; approval of the administrative budget; and adoption of policies, criteria and regulations.  

Governing Council sessions are chaired by a Member of the Governing Council Bureau, which is composed of a Chairperson and two Vice-Chairpersons representing each of the three Lists of the Member States for a two-year term.

Governing Council sessions

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Subsidiary bodies and working groups  

The Governing Council has subsidiary bodies and working groups, including the Consultation on the Replenishment of IFAD’s Resources and the Emoluments Committee. These groups meet separately from the Governing Council’s annual meeting. 

Consultation on the Replenishment of IFAD's Resources 

To assure continuity of IFAD’s operations, the Governing Council reviews IFAD’s resources every three years and invites Member States to make additional contributions through a process known as replenishment, which is managed through the Consultation. At the end of this year-long process, a report and recommendations are submitted to the Governing Council to provide strategic directions to the Fund.  

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Emoluments Committee 

The Emoluments Committee examines the salary allowances and other entitlements of the President of IFAD prior to the next appointment and makes recommendations. 

Ad-hoc Working Groups and committees 

The Governing Council may set up other ad-hoc Working Groups and subsidiary bodies as needed. For example, the Ad hoc Working Group on Governance was established by the Governing Council in 2015 to consider timely governance issues. 

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