As per Rule 39 of the Rules of Procedure of the Governing Council,
whenever the Executive Board decides to obtain a vote of the Governing Council on a specific question, except one covered by Rule 34.1 (c) and (d) or 34.2, without calling a session of the Council, the President shall transmit to each Member by any rapid means of communication a motion embodying the proposed decision with a request for a vote. Votes shall be cast during such period as the request may prescribe; at the expiration of the established period or any extended period that may be prescribed, the President shall record the results and notify all Members. The vote shall be valid if replies are received from Members having at least two-thirds of the total number of votes.
-
The majority requirements specified in Rule 34a shall apply to any decisions put to the vote in accordance with paragraph 1 above.
Majority Required:
-
The following decisions of the Governing Council shall require at least two-thirds of the total number of votes:
- invitations to Members to make additional contributions to the resources of the Fund;
- adoption of regulations and by-laws to conduct the business of the Fund;
- appointment or termination of the appointment of the President;
- determination of the permanent seat of the Fund;
- approval of the administrative budget
- adoption of broad policies, criteria and regulations governing financing by the Fund;
- approval of agreements to be concluded with the United Nations in accordance with Article 63 of the United Nations Charter and of any amendments thereto.
The following decisions of the Governing Council shall require at least three-quarters of the total number of votes:
- suspension of a Member or the restoration of a suspended Member to good standing;
- termination of the Fund’s operations and distribution of its assets.
-
The adoption of amendments to the Agreement shall require at least four-fifths of the total number of votes in the Governing Council, except that in respect of the several parts of Schedule II to the Agreement amendments shall be adopted as provided in the respective paragraphs thereof.
-
All other decisions of the Governing Council shall require more than one-half of the total number of votes
Governing Council - Vote By Correspondence
News related to this meeting
News related to this meeting
-
IFAD Regional Office - Latin America and Caribbean
by Alvaro Lario
I am pleased to announce that Panama City has been selected as the location for IFAD’s regional office in the Latin America and the Caribbean region (LAC). This marks a historic milestone in both our decentralization journey and our organizational presence in LAC.
Establishing IFAD’s first-ever regional office in LAC will strengthen our presence and impact in the region, fostering stronger partnerships and driving meaningful change. With a regional office presence, we will be able to further enhance efficiency, foster closer coordination among LAC country offices, and bridge time differences. This will enable us to better serve our valued clients, including governments and rural populations, in the region.
To read this communication in full in the official languages of the Fund, please click on the following hyperlinks: [Arabic] [English] [French] [Spanish]
-
IFAD Regional Office – Asia and the Pacific
by Alvaro Lario
I am pleased to announce that Bangkok, Thailand has been selected as the location for IFAD’s first regional office in the Asia and the Pacific region (APR). This is a significant milestone in IFAD's 46-year history, and a key part of IFAD’s decentralization strategy.
This strategic move brings us ever closer to our valued regional counterparts and reflects our steadfast commitment to enhancing collaboration and efficiency. Establishing IFAD’s first regional office in Asia will strengthen our presence and impact in the region, enabling us to forge even stronger partnerships and drive meaningful change.
APR holds the distinction of being IFAD’s largest investment portfolio, a testament to the region’s immense significance in our mission. With a regional office presence, we will be able to enhance efficiency, bridge time differences, and ensure seamless coordination among offices in the region. By being closer in proximity, we will deepen collaboration with valued partners, strengthen our networks, and amplify our efforts towards inclusive and sustainable rural transformation.
This move reflects our dedication to delivering enhanced support to our valued clients, including governments and rural populations. Bangkok’s strategic positioning will enable our operational teams to serve our clients with greater efficiency and achieve even greater impact. Moreover, the prominent presence of 21 UN regional and other offices in Bangkok presents valuable opportunities to enhance our collaboration within the UN system, particularly with FAO and WFP regional offices. In addition, exploring stronger partnerships with IFIs, also located in Bangkok, will further bolster IFAD’s initiatives in the region.
This decision is firmly based on our commitment to transparency and fairness. We have obtained multiple offers from countries in the region for which we are very grateful. Each proposal has been evaluated objectively and the assessment has benefited from a detailed review from an independent external consultancy firm. We considered an array of critical factors, including cost-effectiveness, travel accessibility, IT connectivity, visa considerations, alignment with IFAD’s strategy, proximity to other UN and multilateral agencies, and the overall impact on the staff costs. In addition, a large number of international and regional media outlets based in Bangkok presents opportunities for visibility and outreach.
Led by the Regional Director, the regional office will serve as a strategic nexus, uniting IFAD staff from diverse departments. By optimizing our resources and strategic responses, we can address regional challenges and champion rural policy priorities like never before.
A tentative timeline for the establishment of the regional office has been set for Q3 of 2024. In line with the established regional office model, this office will eventually house the APR Regional Team as well as the COM, CSD, FMD, and SKD staff members mapped to APR.
- Stronger strategic focus on China and India
To ensure comprehensive coverage across Asia, IFAD will further strengthen its office presence in Beijing, China, and New Delhi, India. India will operate as a multi-country office (MCO) in the APR region, while the office in China will have a particular focus on South-South and Triangular Cooperation (SSTC) as IFAD SSTC Centre in Asia. In this unique capacity, the office will actively strive to secure substantial additional SSTC funds, significantly enhancing outreach efforts and maximizing the profound impact of IFAD-supported rural development and poverty reduction initiatives throughout the region. We will also be exploring the possibility of strengthening the role of these offices further as centres for development financing, digital transformation, and more.
The two offices will oversee various country portfolios, thereby reinforcing IFAD’s strategic positioning and expanding partnerships at both country and regional levels in APR. The China office will continue to cover Mongolia, while the India office will continue to cover Sri Lanka and Maldives. As a result, they will foster robust client relationships and effectively reach rural communities in those countries.
-
New appointment announcement
by Alvaro Lario
I am pleased to announce that after a very robust recruitment process, including an external panel review, I have appointed Ms Gérardine Mukeshimana, a national of Rwanda, as Vice-President.
Until March of this year and for the previous eight years, Gérardine served as the Minister for Agriculture and Animal Resources of Rwanda. Under her leadership, the agricultural sector was transformed into one of the best performing on the continent and farmers experienced a dramatic improvement of their livelihoods. During her tenure, Gérardine engaged with rural youth, attracted private sector interest in agri-business in Rwanda, and pioneered the use of climate funds for the agricultural sector.
Gerardine possesses a Bachelor’s Degree in Agriculture and Horticulture from the University of Rwanda, a Master’s Degree and a doctorate in Plant breeding and Genetics- Crop and Soil Sciences from Michigan State University (USA).
Gerardine will bring to IFAD her extensive knowledge and networks in the agricultural development domain, including with other multilateral development banks and climate funds, as well as her strong technical experience from her work and research at the International Livestock Research Institute (ILRI) and the Michigan State University.
Gérardine will come on board on 28 August 2023. Please join me in welcoming her to her new position. I wish her the greatest success at IFAD.
To read this communication in the other official languages of the fund, please click on the following links: (Arabic) (French) (Spanish)
-
Launch of Annual Report 20222022 was a year in which we dealt with multiple crises – among them conflict, climate change and the ongoing effects of the pandemic. But crisis can also be a driver of positive change. With this in mind, IFAD’s Annual Report 2022 describes how IFAD is addressing the multiple challenges the world is facing.We invite you to browse through the report to learn more about milestones and highlights from IFAD’s work during 2022. You can read about how IFAD is supporting rural people to build their resilience to the crises of today and tomorrow, and of the different initiatives that will put us in a position to achieve even greater impact as we look to IFAD13 and beyond.You can download the report at:
%7Cutmcsr%3D(direct)%7Cutmcmd%3D(none)%3B%2B__utmv%3D87304343.noscript%3B&utmwv=1&utmje=0&utmsr=-&utmsc=-&utmul=-&utmfl=-&utmdt=-)