How to monitor progress in value chain projects

A 2014 stocktaking by the Policy and Technical Advisory Division (PTA) of IFAD revealed that more than 70 per cent of projects approved between 2011 and 2014 have at least one component following a value chain development (VCD) approach. These projects generally involve several actors along the value chain (VC) and their activities aim to improve the relationships among those actors to make a VC more profitable, pro-poor and sustainable. Simultaneously, IFAD is increasingly considering climate risks and nutritional aspects in project design. This trend makes monitoring and evaluation (M&E) of VC projects challenging. This note helps IFAD design and supervision teams to improve the M&Eindicators of VC projects.