Wednesday, 11 April 2012

Deepening IFAD’s engagement with the private sector


This strategy was prepared in response to the recommendations made in the Report of the Consultation on the Eighth Replenishment of IFAD’s Resources. It builds upon IFAD’s 2005 Private-Sector Development and Partnership Strategy and the corporate-level evaluation of that strategy completed by the Independent Office of Evaluation of IFAD in May 2011. It also incorporates feedback received from Executive Board members at the informal seminar held on 13 September 2011.

More specifically, the strategy proposes the following three
broad themes to deepen engagement with the private sector:
  1. Strengthen IFAD’s existing instruments, such as country strategic opportunities programmes (COSOPs), project loans and grants, partnerships, and policy dialogue as related to rural pro-poor private-sector development;
  2. Further build the capacity and knowledge of IFAD and its staff in engaging with the private sector and establishing partnerships;
  3. Explore further and in a gradual manner the options for IFAD to better support the growth of rural small- and medium-sized enterprises (SMEs) in developing countries, in line with its mandate.