New IFAD Evaluation Policy approved during 132nd Executive Board session
Rome, 26 April 2021 – At its 132nd session, the IFAD Executive Board endorsed the Fund's revised Evaluation Policy. For the first time, the Policy will cover the entire spectrum of the organization’s evaluation system.
The new Policy encompasses both self- and independent evaluations. By establishing key principles for both, the Policy lays the foundations for enhanced consultation and collaboration.
Within this rubric, the revised Policy also reaffirms the independence of IOE. Upholding the provisions that safeguard the behavioural, organizational and structural independence of the Office, the Policy guarantees the avoidance of conflicts of interest.
The process that the led to today’s successful outcome started in 2019, when the External Peer Review of the IFAD evaluation function recommended revising the former Policy, dated 2015. In response, IFAD established a joint task force that brought together IOE and the Fund’s Management, notably the Programme Management Department and the Strategy and Knowledge Department.