The International Fund for Agricultural Development, has been ranked as number one by the highly regarded and influential Quality of Official Development Assistance Report, IFAD said in a statement on Tuesday.
“IFAD’s high ranking is a testament to the importance we place on ensuring that every dollar spent has a long-term impact on tackling the hunger and poverty experienced by the world’s most vulnerable people,” said Gilbert F. Houngbo, President of IFAD.
“It also highlights the transparency of our funding model, the alignment of our work with countries’ own development priorities, and the importance we attach to evaluating our work.”
The annual report evaluated the capacity of 49 countries and multilateral agencies to deliver impactful long-term assistance to countries in need.
Produced by the Center for Global Development, the report measures and compares the indicators that matter most to development effectiveness and impact.
