Improving Livestock Sector Productivity and Climate Resilience in Belize (IADB-BL-T1094)

Countries
  • Belize
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
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 13, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Belize
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.55 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 0.88 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Dec 15, 2017


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Project Description
From the IDB: "The main objective of this project is to improve the productivity of the livestock sector in Belize through the promotion of pasture intensification, while at the same time addressing the low capacity for adaptation to climate change of especially small and medium-sized producers. Rapid growth in Belizean livestock, in response to growing demand in the tourism sector as well as in domestic and international markets, has resulted in the opening up of new pastureland in order to meet nutrient requirements of herds largely dependent on natural pastures with low feed supplementation and water conservation strategies in place. Any efforts for the sustainable intensification of livestock production in Belize, must consider the challenges that climate change poses, not only for productivity, but also with respect to ecosystems. This critically requires building the capacity of all producers to adapt in order to build climate change resiliency and to reduce environmental impacts such as deforestation, soil degradation and unsustainable water consumption."
Investment Description
  • Inter-American Development Bank (IADB)
Financed through the MIF-Small Enterprise Dev. Facility.
Contact Information
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).