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
Approved
Approved
Madagascar: Recovery and Resilience Project in Three Southern Regions
Approved on Wednesday 29 December 2021
Bolivia (Plurinational State of): Constructing a culture of resilience against climate change for rural families in Bolivia
Approved on Wednesday 29 December 2021
Development Gateway: Digital Advisory Support Services for Accelerated Rural Transformation
Approved on Wednesday 29 December 2021
Tajikistan: Community-based Agricultural Support Project Plus
Approved on Wednesday 29 December 2021
German Sparkassenstiftung for International Cooperation: Innovative Agritech and Fintech Solutions as a Response to the Impact of COVID-19
Approved on Wednesday 29 December 2021
Mexico: Balsas Basin – Reducing Climate Vulnerability and Emissions through Sustainable Livelihoods
Approved on Wednesday 29 December 2021
Comoros: Family Farming Productivity and Resilience Support Project
Approved on Wednesday 29 December 2021
Kyrgyzstan: Regional Resilient Pastoral Communities Project
Approved on Wednesday 29 December 2021
Guinea: Family Farming, Resilience and Markets Project in Upper and Middle Guinea
Approved on Wednesday 29 December 2021
Sierra Leone: Agriculture Value Chain Development Project
Approved on Wednesday 22 December 2021
Angola: Smallholder Resilience Enhancement Project
Approved on Wednesday 22 December 2021
HELVETAS Swiss Intercooperation: Strengthening of Borrowers’ Capacity on Environmental, Social and Climate Best Practices (SUSTAIN) Project
Approved on Wednesday 22 December 2021
Lake Victoria Fisheries Organization: Project on Promoting Sustainable Technologies and Marketing Strategies to Increase Incomes and Reduce Food Losses in Small Fish Systems
Approved on Wednesday 22 December 2021
Burkina Faso, Niger: Joint Programme for the Sahel in Response to the Challenges of COVID-19, Conflict and Climate Change
Approved on Wednesday 17 November 2021
Dominican Republic: Productive Inclusion and Resilience of Poor Rural Youth Project – PRORURAL Joven
Approved on Thursday 4 November 2021
Lesotho: Regeneration of Landscapes and Livelihoods (ROLL)
Approved on Friday 1 October 2021
International Land Coalition (ILC): Strengthened land rights for rural prosperity and resilience
Approved on Wednesday 20 October 2021
Argentina: Promotion of Resilient and Sustainable Agrifood Systems for Family Farming Programme
Approved on Wednesday 15 September 2021
Zimbabwe: Smallholder Agriculture Cluster Project
Approved on Wednesday 17 March 2021
Burundi: Agricultural Production Intensification and Vulnerability Reduction Project
Approved on Wednesday 17 March 2021
Disclaimer: The United States, in light of its policies for certain development projects in countries whose governments are not addressing trafficking in persons, opposes additional financing for the following project and therefore does not join a Board decision that would support additional financing for the Agricultural Production Intensification and Vulnerability Reduction Project in Burundi.
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