PMD Stocktake

Question 1

5 key messages?

Answer 1

1. Quality at design improving, Problem areas (sustainability, efficiency, scaling up) flat
2. Self assessments on ongoing portfolio good quality, but remote missions false sense comfort
3. Measuring VFM/Efficiency weak, and VFM variable by project size
4. RMB –need more adaptive mgmt, better learning
5. Gov effectiveness depends recruitment, partially under IFAD control

Question 2

Takeaways Overview?

Answer 2

• Build strong pipeline of lending for BRAM, PBAS in IFAD12
• Continue to build pipeline on climate finance
• Publicize framework for SDG reporting
• Strengthen stakeholder engagement

Question 3

Takeaways Portfolio Quality?

Answer 3

• Think carefully how to improve performance in lagging areas, IFAD12 action plans to help, proactivity flat could be covid
• Recommit using PIPs which build adaptive mgmt., use broader defn of potential problem projects
• Keep focus on difficult areas within mainstreaming esp nutrition, wary of bias at design towards overly ambitious projects

Question 4

Takeaways VFM?

Answer 4

• Clearer defns VFM ways to assess needed. New climate tools (CARD) models
CARD = platform to explore the effects of climate change on the yield of major crops. It is intended to support the quantitative integration of climate-related risks in agricultural and rural development investments and strategies, including economic and financial analyses (EFA).
This tool provides data for 17 major crops all IFAD regions.

Question 5

Takeaways RMB?

Answer 5

• Agric can be best in class in results and M&E
• IFAD could do better in tapping into RBM, leveraging data and knowledge
• Focus on results nec for investors/gov stakeholders
• S move from RBM to Adaptive Mgmt per IFAD12 bus model

Question 6

Takeaways Gov Eff?

Answer 6

• Drivers IFAD perf on gov eff not linked to macro features
• Consistent use competitive selection helps
• Gov changes/capacity major constraints
• Ownership can help overcome

Question 7

Conclusion -3 things to do?

Answer 7

1. Improve design specificity & instit assess to improve impl progress in IFAD’s diversifying portfolio
2. Use adaptive and RMB approaches to course-correct during impl, be proactive use PIPs RESOLVE training, M&E plans
3. New tools help teams in VFM, RMB e.g. measure social benefit of projects, track link to SDG, PMU competitive selection incentivize