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
Peru: Project for the Improved Commercialization of Agricultural Products (MERCAGRO)
Approved on Monday 29 December 2025
Bhutan: Inclusive Markets, Production, Agricultural Commercialization and Transformation (IMPACT)
Approved on Monday 29 December 2025
Returnable contribution from the Nordic Development Fund to finance the Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM)
Approved on Monday 29 December 2025
Equatorial Guinea: Climate Resilience Agrifood Value Chains Project (PADCVA)
Approved on Monday 29 December 2025
Rwanda: Farmers’ Organizations Financing Programme (FOFP-R)
Approved on Monday 29 December 2025
Papua New Guinea: Markets for Village Farmers Project (MVF) – Maket Bilong Vilis Fama
Approved on Monday 29 December 2025
Botswana: Bank of Gaborone: Enhancing Finance for Rural Entrepreneurs and Farmers Towards Sustainable Food Systems
Approved on Friday 26 December 2025
Cambodia: Agriculture Services Programme for an Inclusive Rural Economy and Agricultural Trade
Approved on Wednesday 24 December 2025
Brazil: Cresol Baser: Rural Financial Inclusion in Brazil
Approved on Wednesday 24 December 2025
Lao People's Democratic Republic: Agriculture for Nutrition Project – Phase II (AFN-II)
Approved on Wednesday 24 December 2025
Zambia: Financial Inclusion for Resilience and Innovation Project (FIRIP)
Approved on Monday 15 December 2025
United Republic of Tanzania: Climate Smart Dairy Transformation Project (C-SDTP)
Approved on Monday 15 December 2025
Kyrgyzstan: Livestock and Market Development Programme III (LMDP-III)
Approved on Monday 15 December 2025
Sao Tome and Principe: Transition towards Sustainable and Nutritious Food Systems (SIAS)
Approved on Friday 5 December 2025
Côte d'Ivoire: Agricultural Value Chains Development Programme (PADFA)
Approved on Friday 5 December 2025
Nigeria: Special Agro-Industrial Processing Zones Programme (SAPZ)
Approved on Friday 5 December 2025
FAO and the World Rural Forum to strengthen the role of family farmers’ organizations in the United Nations Decade on Family Farming policy engagement processes – Second phase
Approved on Friday 5 December 2025
Brazil: Planting Climate Resilience in Rural Communities of the North-East Project
Approved on Tuesday 25 November 2025
Türkiye: Uplands Rural Development Programme
Approved on Tuesday 25 November 2025
Jordan: Rural Economic Growth and Employment Programme Upscaling (REGEP-UP)
Approved on Friday 21 November 2025
Tebtebba Foundation and Foro Internacional de Mujeres Indígenas for the seventh cycle of the Indigenous Peoples Assistance Facility (2025–2028) in Latin America and the Caribbean, and in Asia and the Pacific
Approved on Friday 21 November 2025
Food and Agriculture Organization of the United Nations for IFAD’s contribution to the Committee on World Food Security 2025–2027
Approved on Friday 21 November 2025
India: Fostering Climate-Resilient Upland Farming Systems in the North-East (FOCUS 2.0)
Approved on Thursday 20 November 2025
Malawi: Sustainable Agricultural Production Programme - Phase II
Approved on Thursday 20 November 2025
Global Alliance for Improved Nutrition (GAIN) for the Mainstreaming Nutrition: Improving the Impact of IFAD Investments on the Nutritional Quality of Diets Project
Approved on Thursday 20 November 2025
International Land Coalition: People-centered governance of land and other natural resources for a food-secure and climate-resilient future initiative
Approved on Thursday 6 November 2025
Mozambique: Inclusive Agrifood Value Chain Development Programme
Approved on Friday 24 October 2025
Tonga: Tonga Rural Innovation Project - Phase III
Approved on Friday 24 October 2025
Somalia: Rural Livelihoods Resilience Programme
Approved on Thursday 25 September 2025
United Republic of Tanzania: Tanzania Food Systems Resilience Programme – Horticulture (TFSRP-H)
Approved on Thursday 4 September 2025
Rwanda: Partnership for Resilient and Inclusive Small Livestock Markets Programme (PRISM)
Approved on Monday 21 July 2025
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