Climate Change and Green Innovative Strategies For The Development Of Metropolitan Areas (IADB-AR-T1325)

Countries
  • Argentina
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Government of Argentina
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
  • Construction
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.30 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 0.30 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Other Related Projects
Primary Source

Original disclosure @ IADB website

Updated in EWS Jun 23, 2023

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the IADB, the objective of this TC is to support the preparation and execution activities of the DAMI II (AR-L1243) and DAMI III (AR-L1363) Programs, as well as programs with similar specific objectives, considering mitigation and adaptation measures to climate change and the aspects of innovative green strategies for the development of Metropolitan Areas. To this end, in addition to the studies carried out, the project will seek to strengthen the technical and management capacities of the Ministry of Territorial Development and Habitat, the agency responsible for both programs.
The specific objectives of this TC are:
(i) contribute to the development of metropolitan projects with climate change adaptation and mitigation considerations by generating tools and climate models that consider the particularities of each region of the country;
(ii) guide the actions of DAMI II towards the fulfillment of the commitments assumed by Argentina in its Nationally Determined Contribution regarding climate change adaptation and reduction of greenhouse gas emissions based on innovative strategies adapted to the country, and include these aspects in the design of DAMI III;
(iii) develop environmental and economic sustainability strategies for DAMI III interventions; and
(iv) strengthen the management capacities of the technical teams implementing DAMI III in response to the country's climate change, gender and diversity challenges.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Implementing Agency - Ministry of Territorial Development and Habitat:

Address: Esmeralda 255, Buenos Aires, C1035ABE Argentina
Phone: +54 800-666-6422
Email: procrear@minhabitat.gob.ar
Website: https://www.argentina.gob.ar/habitat

ACCOUNTABILITY MECHANISM OF IADB

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).

How it works

How it works