The RIDE 2022 shows that despite challenges posed by the COVID-19 outbreak, IFAD has managed to keep its performance high - as testified by the results achieved under Tier II and III indicators - and has gained significant learning from addressing the effects of COVID-19 on its portfolio.
Greater decentralization and better systems allowed for remote engagement; yet in-person missions remain vital for accurate monitoring. COVID-19 was also the driving force behind IFAD becoming more adaptive and managing its portfolio with even greater agility.
IFAD is enacting dedicated actions plans to improve performance in weaker areas: the action plan on sustainability offers a repository of resources for improving sustainability in a wide variety of contexts. As part of the People, Processes and Technology Plan, IFAD is also implementing a more robust risk-based assurance methodology, covering both financial control in cash disbursement and financial management, two key areas affecting efficiency.
Under Decentralization 2.0, nearly half of new and upgraded offices will be in fragile countries and close to 70% in sub-Saharan Africa, to further support elements of fragility in project design.
IFAD’s new corporate strategy on South-South and Triangular Cooperation (SSTC) brings an even stronger focus on partnerships, policy engagement and innovation. Under the new IFAD12 business model, the Fund will focus core resources on low income countries (LICs) while expanding financing through the Borrowed Resource Access Mechanism (BRAM). Altogether, these actions will shape IFAD’s results for the coming years and lead to greater and deeper impact, advancing progress on the 2030 Agenda.
Learn more on IFAD’s mainstreaming commitments during the Twelfth Replenishment period (2022-2024) on mainstreaming themes
Environment and Climate Change
Environment and Climate Change
During IFAD12, efforts to address climate issues will be further expanded, with a target of at least 40% of loans and grants programmes to be programmed as climate finance. An extra US$300 million in supplementary climate and environment finance from outside sources will be mobilized.
The Rural Resilience Programme, through the enhanced Adaptation for Smallholder Agriculture Programme, aims to channel climate finance to small-scale agricultural producers and the rural poor. It will address the climate change drivers of food insecurity and deliver multiple environmental, social and economic benefits that can set poor rural communities on the path to long-term resilience and low-emission development. As of July 2022, six donors have contributed USD 66 million to ASAP+, with further pledges on the horizon. ASAP+ is programming as funds are mobilized, with a concrete pipeline of seven projects to be approved in IFAD12 so far.
During IFAD12, IFAD will devote special attention to ensure that ongoing projects strengthen their gender performance to meet commitments at completion.
In terms of global policy engagement, IFAD is closely involved in the preparation of the Generation Equality Fora, especially as co-leader of the Action Coalition on Feminist Action for Climate Justice and the Food Systems Summit. Finally, a results-based mechanism for gender transformative results in the context of climate change is being implemented in collaboration with the Bill and Melinda Gates Foundation.
During IFAD12, IFAD will emphasize the technical quality in integrating nutrition priorities in projects while leveraging linkages with other mainstreaming themes, to ensure that nutritious and healthy diets are delivered to the most vulnerable populations in rural areas.
To achieve this objective, implementing partners will need dedicated support. Data and evidence will take a central role in decision-making, influencing the policy environment and advocacy.
During IFAD12, the results achieved by youth sensitive projects will be closely monitored during supervision.
Partnerships will be strengthened with a focus on the issue of child labour in agriculture. Additional resource mobilization is required to enhance innovative approaches to creating job opportunities for rural youth in agriculture.