Replenishment consultations are critical for IFAD’s financial sustainability. They provide a unique platform to ensure accountability for results and encourage collective reflection on IFAD policy and strategic priorities.
Every three years, IFAD’s Member States come together to review the Fund’s performance, agree on future directions and priorities, and replenish its resources in a process known as the replenishment consultation.
The evaluation also highlights the value of simplifying the current results measurement framework, including by more explicitly defining a theory of change for achieving rural transformation.
A new day is possible: Now is the time to invest in a resilient future
As IFAD sets out on the 13th replenishment of its resources, a year-long consultative process during which Member States come together to agree on strategic directions and mobilise the funds IFAD provides as concessional loans and grants to developing countries.
“The world is in permanent crisis. And it will continue to be as long as we respond to each emergency in isolation, without complementary investments in holistic, longer-term solutions,” said the President of the International Fund for Agricultural Development (IFAD), Alvaro Lario, “It costs less to fix a problem than it does to respond to an emergency. And the more we delay, the higher the costs.”
IFAD is aiming to achieve a substantial real increase in Member State contributions to extend its impact around the world. IFAD13 commitments present an opportunity to define the path towards improved food security and reduced poverty after decades of under-investment in small-scale agriculture.