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According to the IADB, this Technical Cooperation (TC) is intended to provide support to the Government of Barbados in the design of its first project (BA-L1069) under the IDB CLIMA Pilot Program ("First Individual Operation for the Mains Replacement and Non-Revenue Water Reduction Program in Barbados"). The IDB CLIMA Pilot Program aims to incentivize sector-driven investments that will support the country's agenda of innovation within green thematic markets. To attain this goal, IDB CLIMA offers a grant to borrowers that successfully reach results through sectoral investments measured through Key Performance Indicators (KPI) that: (i) reduce development gaps while delivering impact in terms of nature and climate; (ii) strengthen the sector's capabilities to develop sectoral project pipelines that include climate and/or nature considerations; and (iii) strengthen sector-driven nature and climate monitoring, reporting and verification systems to meet international climate and thematic green debt standards.
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).