US$500 million
The Adaptation for Smallholder Agriculture Programme (ASAP) channels climate finance to smallholder farmers. Launched in 2021, the Enhanced Adaptation for Smallholder Agriculture Programme (ASAP+) is envisioned to be the largest fund dedicated to channelling climate finance to small-scale producers.
ASAP1: Government of Canada, Korean International Cooperation Agency, Ministry of Foreign Affairs of Finland, The Belgian Development Cooperation, Flemish Department for Foreign Affairs, Norwegian Ministry of Foreign Affairs, Ministry of Foreign Affairs of the Netherlands, Government of Sweden, Swiss Agency for Development, UK Aid.
ASAP2: Norwegian Agency for Development Cooperation, Swedish International Development Agency.
ASAP+: The governments of Qatar, Austria, Ireland, Germany.
ASAP funds are meant to co-finance IFAD projects using clear selection criteria and applying a results framework which contains 10 specific and measurable indicators of achievement. An important element of ASAP will be a knowledge management programme that will develop and share climate adaptation lessons and tools across IFAD‘s programmes and with key external partners. Based on a thorough monitoring and evaluation system, this is expected to demonstrate the value of investing climate finance in smallholders to the Green Climate Fund and other climate initiatives.
ASAP provides a Monitoring and Evaluation Framework which summarizes relevant adaptation results, indicators and corresponding investment options. Project design teams which are working with ASAP financing apply this M&E framework during the project design phase and select a subset of relevant indicators and targets (in alignment with the programming context) for integration with the results framework of the underlying IFAD investment.
The Governing Council is IFAD's highest decision-making authority. Each Member State is represented in the Governing Council by Governors, Alternate Governors and any other designated advisers.
The Executive Board is responsible for overseeing the general operations of IFAD and for approving its programme of work.
The Governing Council determines membership on the Executive Board and is presently distributed as follows:
- List A: eight Members and eight Alternate Members (primarily countries in the Organisation for Economic Co-operation and Development);
- List B: four Members and four Alternate Members (primarily countries in the Organization of the Petroleum Exporting Countries); and
- List C: six Members and six Alternate Members; two each in the three regional sub-divisions of List C Member States (developing countries).
For a detailed list of eligibility criteria please visit the ASAP entry in the Climate Funds Update.
Country eligibility is established by the IFAD Programme Management Department.
ASAP does not employ specific application procedures like other funds (such as issuing calls for proposals) that can be accessed by NGOs or Civil Society Organizations directly.
Results-Based Country Strategic Opportunities Papers (RB-COSOPs) are a typical point of departure for an ASAP investment, highlighting climate change adaptation as a strategic decision for IFAD operations in a specific country. Find out more about RB-COSOPs here.
ASAP applies the same procedures as regular IFAD investments, following the typical IFAD design cycle. You can read more about the IFAD design cycle here.