PROPOSALS ELIGIBLE FOR APPROVAL UNDER THE LAPSE-OF-TIME PROCEDURE
These proposals are posted for Executive Board representatives' review in accordance with rule 24 of the Rules of Procedure of the Executive Board, which sets out the lapse-of-time (LOT) procedure for the approval of IFAD-funded projects and programmes, approved by the Executive Board in December 2009 (EB 2009/98/R.15/Rev.1) and further revised in September 2010 (EB 2010/100/R.41/Rev.1), September 2012 (EB 2012/106/R.9), May 2019 (EB 2019/126/R.48/Rev.2), and September 2023 (EB 2023/139/R.16/Rev.1).
IFAD-financed project/programme proposals, eligible for approval through the LOT procedure, shall:
· Not exceed a financing ceiling of US$50 million;
· Not be classified as "track 1" (high-risk operations).
IFAD-financed non-sovereign private sector operations, eligible for approval through the LOT procedure, shall:
· Not exceed a financing ceiling of US$25 million
In accordance with the Policy for IFAD Grant Financing, IFAD-financed grant proposals up to and including US$500,000 may be approved by the President of IFAD, while those in excess of US$500,000 are approved by the Executive Board through the LOT procedure.
Any Executive Board member may request that a proposal submitted for approval through the LOT procedure be submitted to a formal Board session for consideration. In accordance with rule 24 of the Rules of Procedure of the Executive Board, in the absence of a request from an Executive Board representative for a proposal to be discussed at a formal session of the Board, the proposal is considered approved after the lapse of a period of 21 calendar days from the date of posting of the document and transmission of the communication announcing its posting.
Resource coverage would be ensured for these proposals as attested in the Resources Available for Commitment (RAC) document presented at each December session.
For Approval
For Approval
El Salvador: Programme for the Sustainable, Inclusive and Nutritional Economic Development of Rural Areas in El Salvador (Rural Adelante 2.0)
Lao People's Democratic Republic: Partnerships for Irrigation and Commercialization of Smallholder Agriculture Project (PICSA)
Approved
Approved
Conexión for Food Heritage for Youth-inclusive Agrifood Systems
Approved on Thursday 19 September 2024
Network of Farmers’ Organizations and Agricultural Producers of West Africa for Farmer-driven Promotion of Quality Local Rice (FDP RIZ)
Approved on Thursday 3 October
Bosnia and Herzegovina: Rural Enterprises and Agricultural Development Project (READP)
Approved on Thursday 19 September 2024
Uzbekistan: Dairy Value Chains Development Project II (DVCDP II)
Approved on Thursday 19 September 2024
Lesotho: Wool and Mohair Value Chain Competitiveness Project (WaMCoP)
Approved on Wednesday 4 September 2024
Sierra Leone: Livestock and Livelihoods Development Project (LLDP)
Approved on Wednesday 4 September 2024
Benin: PEBCo-BETHESDA – Inclusive Microfinance for Resilient Improved Livelihoods
Approved on Wednesday 21 August 2024
German Sparkassenstiftung for International Cooperation for Scale Up Agritech and Fintech Solutions within IFAD’s portfolio (Innovatech 2.0)
Approved on Wednesday 21 August 2024
Burundi: Project to Support Agricultural and Rural Financial Inclusion in Burundi (PAIFAR-B)
Approved on Wednesday 21 August 2024
Comoros: Rural Youth Entrepreneurship Training and Capacity-building Project (FORCE-Jeunes)
Approved on Wednesday 12 June 2024
Tunisia: Inclusive Smallholder Agriculture Development Project in the North-West Mountains of Tunisia (DINAMO)
Approved on Thursday 6 June 2024
Brazil: Sustainable Atlantic Rainforest Development Project (Parceiros da Mata)
Approved on Monday 3 June 2024
Haiti: Enhancing Food Security through Sustainable Agriculture, Local Economy Development and Healthy Diets (EFOSE)
Approved on Friday 26 July 2024
Honduras: Strengthening Innovation, Resilience and the Sustainability of Agrifood Systems in North Central Honduras
Approved on Thursday 2 May 2024
Djibouti: Integrated Water Resources Management Project (PGIRE)
Approved on Tuesday 7 May 2024
Mongolia: Project for Market and Pasture Management Development (PMPMD)
Approved on Thursday 2 May 2024
International Training Centre of the International Labour Organization for the Strengthening of Borrowers’ Capacity on Environmental, Social and Climate Best Practices 2 (SUSTAIN2)
Approved on Thursday 18 April 2024
International Training Centre of the International Labour Organization for the holistic and digitalized knowledge management system for improving project procurement (BUILDPROC-II)
Approved on Thursday 4 April 2024
Eswatini: Smallholder Agricultural Productivity Enhancement and Marketing Project (SAPEMP)
Approved on Tuesday 19 March 2024
International Food Policy Research Institute (IFPRI): Strengthening capacities for delivering data- and evidence-driven advice in-country through but not exclusively from impact assessments and other data sources
Approved on Thursday 22 February 2024
Seed Systems Group (SSG) for Sustainable Seed Systems for drought-response in the Greater Horn of Africa
Approved on Monday 5 February 2024
News
News
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In accordance with rule 24 of the Rules of Procedure of the Executive Board, the following proposals are being posted today for consideration under the lapse-of‑time procedure on IFAD’s Member States Interactive Platform and on IFAD’s public website.
President’s memorandums:
Republic of El Salvador: Programme for the Sustainable, Inclusive and Nutritional Economic Development of Rural Areas in El Salvador (Rural Adelante 2.0)
Lao People's Democratic Republic: Partnerships for Irrigation and Commercialisation of Smallholders Agriculture (PICSA)
In accordance with rule 24, requests for consideration of these proposals at a regular session of the Executive Board should be submitted by the authorized Executive Board representative, via e-mail to the Office of the Secretary at igmr@ifad.org, no later than 24 October 2024.
To read the communication in the four official languages of the Fund, please click the following links [Arabic] [English] [French] [Spanish]