Steps | Details |
---|---|
Choose indicators as selection criteria | · Adopt and/or adjust international ARD indicators [1] Rural economic structure, the status of agricultural development [2] Food security status [3] Additional consideration: conflict, state fragility, institutional environment |
Set formula with indicators | · Determine weightings among indicators · Weightings of indicators provide a channel to reflect the Korean ARD policy direction. · Example: Food security index 1.25 * rural population 0.25 * agricultural GDP contribution * state fragility |
Measure and rank ARD status with formula |
· Rank potential recipients based on severity and urgency in ARD based on the formula · Consider unexpected political and social risks and local contexts |
Select recipients and allocate ARD budget |
· Consider setting a minimum and ceiling in ARD allocation to balance other sectors |
Monitor ARD spending and evaluate among projects or countries |
· Utilize evaluation results for the next funding cycle · Share results to draw lessons learned for similar ODA grant allocation |