Lapse of Time | 2024 | 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

EB 2024/LOT/P.35

Angola: Smallholder Agriculture Development and Commercialization Project in Cuanza Sul and Huila Provinces (SADCP-C&H-SAMAP)

EB 2024/LOT/P.34

Indonesia: Youth Entrepreneurship and Employment Support Services Programme (YESS)

EB 2024/LOT/P.29

Cambodia: Accelerating Inclusive Markets for Smallholders Project

EB 2024/LOT/P.33

Djibouti: Youth Entrepreneurship for Climate Change Adaptation Project (PEJACC)

Djibouti - Project Design Report (French only)

EB 2024/LOT/G.14

VentureWell for the Moonshots for Development (M4D) Open Innovation Challenge and Financing Facility Grant

EB 2024/LOT/G.13

OpenGeoHub Foundation (OGH) for Capitalizing on Earth Observation (CAPEO) to support design, implementation, monitoring and evaluation and impact assessment of rural development projects

EB 2024/LOT/P.32

Bolivia (Plurinational State of): Developing Sustainable and Resilient Agriculture Programme (AGROSUSTENTAR)

Bolivia - Project Design Report

EB 2024/LOT/G.12

Agricultural Research Centre affiliated to the Ministry of Agriculture and Land Reclamation of the Arab Republic of Egypt for Piloting Climate-Smart Agriculture for Policy Enhancement

EB 2024/LOT/P.31

Lao People's Democratic Republic: Agriculture for Nutrition Project – Phase II (AFN-II)

EB 2024/LOT/P.30
+ Sup.1 (Spanish only)
+ Add.1

Colombia: Rurality for Life Project

Colombia Project Design Report

EB 2024/LOT/P.28

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

Approved

EB 2024/LOT/P.27
+ Corr.1

Burkina Faso: Joint Programme for the Sahel in Response to the Challenges of COVID-19, Conflict and Climate Change in Burkina Faso

Approved on Thursday 19 December 2024

EB 2024/LOT/P.26

Eritrea: Sustainable Fisheries Livelihoods Programme (SFLP)

Approved on Monday 16 December 2024

EB 2024/LOT/P.25

Philippines: Value Chain Innovation for Sustainable Transformation in Agrarian Reform Communities Project (VISTA)

Approved on Monday 16 December 2024

EB 2024/LOT/P.24

Brazil: Paraíba Rural Sustainable Development Project (PROCASE II)

Approved on Monday 16 December 2024

EB 2024/LOT/G.11

Getulio Vargas Foundation for the Program in Rural Monitoring and Evaluation (PRiME) Phase III

Approved on Monday 16 December 2024

EB 2024/LOT/G.10

Billital Maroobe Network for Water for Peace: Inclusive and Sustainable Access to Water in Pastoral Areas Affected by Multifaceted Crises

Approved on Monday 16 December 2024

EB 2024/LOT/P.23

Rwanda: Rwanda Dairy Development Project - Phase 2 (RDDP2)

Approved on Wednesday 27 November 2024

EB 2024/LOT/P.22

Nigeria: Livelihood Improvement Family Enterprises Project in the Niger Delta (LIFE-ND)

Approved on Wednesday 27 November 2024

EB 2024/LOT/G.9

International Food Policy Research Institute for Ensuring Inclusiveness, Sustainability and Efficiency of Food Systems Transformation – Phase II (ATMI II)