Working Group on the Performance-Based Allocation System

At its eighty-seventh session in April 2006, the Executive Board agreed to the suggestion to convene a working group, as referred to in the Report of the Consultation on the Seventh Replenishment of IFAD’s Resources approved by the Governing Council, to develop a broader understanding of evolving issues in PBAS implementation. An informal seminar was convened on 6 July 2006 to develop the work programme of the group. In December 2006, the Board was informed of the terms of reference, the composition of the working group and the election of its chairperson.

In the Report of the Consultation on the Eighth Replenishment of IFAD’s Resources approved by the Governing Council in February 2009, the Board was requested to mandate the PBAS Working Group to continue its functions and, as well, review the practices of other international financial institutions (IFIs) and identify improvements to the system. The PBAS Working Group would review and assess all such proposals, which would subsequently be presented to the Executive Board and Governing Council for their consideration and approval.

Current Composition

IFAD List A

Member
Austria
Japan
Norway
Sweden

IFAD List B

Member
Nigeria
Venezuela (Bolivarian Republic of)

IFAD List C1

Member
United Republic of Tanzania

IFAD List C2

Member
Republic of Korea