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Abstract
As stated in its Strategic Framework 2016-2025, the overarching goal for the International Fund for Agricultural Development (IFAD) is to invest in rural people to enable them to overcome poverty and achieve food security through remunerative, sustainable, and resilient livelihoods. IFAD pursues this goal through three closely interlinked and mutually reinforcing strategic objectives: (i) increasing rural people’s productive capacities; (ii) increasing rural people’s benefits from market participation; and (iii) strengthening the environmental sustainability and climate resilience of rural people’s economic activities. To hold itself accountable on progress made in achieving this goal and these three strategic objectives, IFAD has adopted a unique approach to reporting impact at the corporate level, building on rigorous project-level evaluations. This report provides the results of these efforts to assess the corporate impact of IFAD investments for the Tenth Replenishment of IFAD’s Resources (IFAD10) period of 2016-2018. Corporate impact is founded on the impact of individual IFAD-funded interventions. This report provides an overview of corporate impact estimates, which determine whether IFAD met its IFAD10 targets, as well as project-level results including lessons learned from the project-level analysis. The report includes the main results of the impact assessment of individual projects. Out of a total portfolio of 104 projects completed during the 2016-20181 replenishment period, 19 have been evaluated through 17 studies, spanning the five IFAD regions. Overall, the 17 impact assessments completed as part of IFAD10 show significant impacts on the lives of project beneficiaries relative to the corporate goal of greater economic mobility and its three supporting strategic objectives. In line with these findings, the results of the corporate impact assessment show that IFAD10 has exceeded its targets for its overall goal of fostering economic mobility and for two of the three strategic objectives.