Lapse of Time | 2019 | Documents | IFAD Members Platform

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

No documents are currently under review

Approved

EB 2019/LOT/P.1/Rev.1

Cuba: Agroforestry Cooperative Development Project (PRODECAFE)

Approved on Monday 9 September 2019

EB 2019/LOT/P.2/Rev.1

Lao People's Democratic Republic: Partnerships for Irrigation and Commercialization of Smallholder Agriculture Project

Approved on Monday 9 September 2019

EB 2019/LOT/P.21/Rev.1

Peru: Extension of Public Services for Local Productive Development in the Highlands and Rainforest of Peru (Avanzar Rural)

Approved on Monday 23 December 2019

EB 2019/LOT/P.17/Rev.1

Ghana: Affordable Agricultural Financing for Resilient Rural Development Project II

Approved on Wednesday 18 December 2019

EB 2019/LOT/P.14/Rev.1

Ethiopia: Rural Financial Intermediation Programme III

Approved on Friday 29 November 2019

EB 2019/LOT/G.11

Stichting Agribusiness Market Ecosystems Alliance: Transforming Systems for Professionalizing Farmers and Farmers’ Organizations in Developing Countries

Approved on Friday 10 January 2020

EB 2019/LOT/G.9

CILSS/IFPRI: Family Farming, Regional Markets and Cross-border Trade Corridors (FARM-TRAC) in the Sahel

Approved on Wednesday 18 December 2019

EB 2019/LOT/G.10

Association One Million Cisterns Programme to the Semiarid Region (AP1MC): Dryland Adaptation Knowledge Initiative (DAKI)

Approved on Wednesday 18 December 2019

EB 2019/LOT/P.15

Bhutan: Commercial Agriculture and Resilient Livelihoods Enhancement Programme – additional financing

Approved on Wednesday 18 December 2019

EB 2019/LOT/P.19

Tunisia: Economic Social and Solidarity Project (IESS-Kairouan)

Approved on Wednesday 18 December 2019

EB 2019/LOT/G.8

Chartered Institute of Public Finance and Accountancy: Capacity-Building Programme to Improve Project Financial Management

Approved on Wednesday 18 December 2019

Disclaimer: The United States, in light of its policies for certain development projects, votes against the proposed grant to the Chartered Institute of Public Finance and Accountancy and therefore votes “no” against a Board decision that would support this grant.

EB 2019/LOT/G.7

International Institute of Tropical Agriculture: Creating Employment Opportunities for Rural Youth in Africa: Support to Integrated Agribusiness Hubs in Nigeria

Approved on Wednesday 11 December 2019

EB 2019/LOT/G.6

Kilimo Trust: Creating Employment Opportunities for Rural Youth in Africa: Support to Integrated Agribusiness Hubs in Rwanda

Approved on Wednesday 11 December 2019

EB 2019/LOT/G.5

FAO: Increasing water productivity for sustainable ‘nutrition-sensitive’ agriculture production and improved food security

Approved on Friday 29 November 2019

EB 2019/LOT/G.4

Stichting Wageningen Research (WUR): Toward Inclusive, Sustainable, Nutritious and Efficient Food Systems

Approved on Friday 29 November 2019

EB 2019/LOT/P.13

Indonesia: Integrated Village Economic Transformation Project (Transformasi Ekonomi Kampung Terpadu – TEKAD)

Approved on Wednesday 30 October 2019

EB 2019/LOT/P.12

Mali: Multi-energy for Resilience and Integrated Territorial Management Project