The Inter-American Development Bank Invest (IDB Invest), formerly the Inter-American Investment Corporation (IIC) has not disclosed information on the substance of this project. The private actor in this project, CAFSA, is a financial group that specialises in financing and renting vehicles, so the project may be related to autos. Visit the bank's disclosure site to see all released information.
The Inter-American Investment Corporation has rated this project FI-3. This corresponds to a C rating of low environmental and social risk.
The total project cost is estimated at US$10 million. The Inter-American Investment Corporation has committed to financing US$4 million, with unspecified co-financers giving US$5 million. The ICC has not denoted in which type of investment the US$4 million will be. It is unclear as of the time of writing from which group the final US$1 million will come.
Apel, Michael firstname.lastname@example.org (202) 623-2521
Copplind, Anna Luisa
Johnson, Christopher Mays
ACCOUNTABILITY MECHANISM OF IIC
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).