|Total Amount||US$240 million of commitments and pledges received by bilateral donors as per November 2012. Additional commitment of US$80 million on performance-basis.|
|Financing Mechanisms||Co-financing , Grant|
|Qualifying Projects||Adaptation, Agriculture , Climate-Resilient , Disaster Risk Reduction , Natural Resource Management , Sustainable Land Management , Water|
|Eligibility||Existing and new IFAD investment programmes in poor developing countries which are vulnerable to climate impacts.|
The Adaptation for Smallholder Agriculture Programme (ASAP) was launched by the International Fund for Agricultural Development (IFAD) in 2012 to make climate and environmental finance work for smallholder farmers. A multi-year and multi-donor financing window within IFAD, ASAP provides a new source of co-financing to scale up and integrate climate change adaptation across IFAD’s approximately US$1billion per year of new investments. The programme is joined up with IFAD’s regular investment processes and benefits from rigorous quality control and supervision systems.
ASAP is driving a major scaling up of successful ‘multiple-benefit’ approaches to smallholder agriculture, which improve production while reducing and diversifying climate-related risks. In doing so, ASAP is blending tried-and-tested approaches to rural development with relevant adaptation know-how and technologies. This is expected to increase the capacity of at least 8 million smallholder farmers to expand their livelihood options in an uncertain and rapidly changing environment.
Grant co-financing to IFAD baseline investments in rural development, focusing on climate resilience for smallholder farmers.
ASAP is a new funding window in IFAD to channel climate finance to smallholder farmers. As ASAP grants are blended with IFAD baseline investments, ASAP does not employ specific application procedures like other thematic trust funds. Results-Based Country Strategic Opportunities Paper (RB-COSOP) are a typical point of departure: The COSOP is a framework for making strategic choices about IFAD operations in a country, identifying opportunities for IFAD financing, and for facilitating management for results. Building on consultations undertaking during COSOP formulation, the design cycle for ASAP grants is based on existing IFAD procedures and led by IFAD Regional Divisions, applying a range of ex-ante criteria as outlined in the ASAP Programme Description:
- Number of poor smallholders whose climate resilience has been increased because of ASAP, disaggregated by gender
- Size of the overall resulting investment
- Project leverage ratio of ASAP versus non-ASAP financing
- Increase in number of non-invasive on-farm plant species per smallholder farm supported
- Tonnes of GHG emissions avoided and/or sequestered
- Increase in hectares of land managed under climate-resilient practices
- Percentage change in water use efficiency per tonne/hectare in the project area by men and women
- Number of community groups (including women’s groups) involved in ENRM and/or DRR formed or strengthened
- Value of new or existing rural infrastructure made climate resilient
- Number of international and country dialogues to which the project would make an active contribution
1) ‘Fully blended co-financing’: ASAP grants will use the procedure and project cycle of the baseline project. The bulk of ASAP-supported projects will be in this category.
2) ‘Additional project contribution to existing IFAD operations’: ASAP grants will build on the procedure and project cycle of the baseline project, re-qualifying through key milestones in a strongly aligned project cycle
3) ‘Stand-alone ASAP grants’: Undergoing a separate project cycle without alignment to a specific baseline programme. Only in exceptional cases.
ASAP grants are approved by the IFAD Executive Board. Prior to the Board meeting, grants are reviewed in a detailed Quality Enhancement and Quality Assurance process.