The 2015 Annual Report on Results and Impact of IFAD Operations (ARRI) shows that, overall, IFAD operations are satisfactory and making good contribution to inclusive rural transformation. Projects and programmes had positive results in reducing rural poverty and improving the living conditions of rural poor people, in particular in terms of increased income and assets, better human and social capital and empowerment, and gender equality and women’s empowerment.

Nevertheless, there are areas that can be further improved, such as operational efficiency, monitoring and evaluation and non-lending activities (e.g. policy dialogue, knowledge management and partnership-building).

This year’s learning theme is the sustainability of benefits of IFAD’s operations, which was found to be one of the weakest-performing areas.