Program for the Strengthening of Environmental and Natural Resource Management II (IADB-BO-L1199)

Countries
  • Bolivia
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
Bank Risk Rating
U
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
Mar 13, 2019
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
Plurinational State of Bolivia, represented by the Ministry of Development Planning (MPD)
The holder of the loan, grant, or other investment.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 100.00 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)
$ 100.00 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 May 9, 2019


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Project Description

The objective is to contribute to strengthening and modernization of the policy, institutional, and budgetary framework for environmental management, to promote economic growth compatible with environmental conservation, social development, and making the country less vulnerable to climate change.
This loan operation is the second of two consecutive, single-tranche operations that are technically linked but financed independently under the programmatic policy-based loan modality.

This program is the second operation in a series of two programmatic policy-based
loans (PBPs). The first operation (loan 3921/BL-BO) was approved by the Board of
Executive Directors of the Bank on 8 March 2017 and the loan contract was signed
on 31 March 2017. The program supports a legal and institutional reform process
with the objective of contributing to strengthening and modernization of the policy,
institutional, and budgetary framework for environmental management, to promote
economic growth2 compatible with environmental conservation, social
development, and making the country less vulnerable to climate change. The first
operation was fully disbursed on 6 June 2017.

This operation continues the support for the policy reforms under the first operation
(loan 3921/BL-BO) associated with Law 1333 on the Environment, enacted in
1992; Law 1700 on Forestry, enacted in 1996;3 and Law 755 on Integrated Solid
Waste Management, enacted in 2015. The reform process is rooted in a technical
and policy commitment made by the Government of the Plurinational State of
Bolivia in the 2016-2020 Economic and Social Development Plan (PDES), which
establishes as one of its core tenets the need to promote the environmental
sustainability of national development.

For the second operation,the commitments for Component II. Environmental management for pollution control are to: (1) create
platforms to develop environmental management according to the territorial planning model; (2) approve the Electronic Government Implementation Sector Plan for the Ministry of Environment and Water (MMAyA); (3) approve investment project formulation guidelines for environmental management; (4) approve the regulations to reform the environmental licensing system; (5) publish air quality levels for Cochabamba online in the SNIA on a daily basis; (6) prepare an inventory of air pollution sources in Cochabamba and Potosí; (7) approve the rules for the contingency plan for air pollution alerts; (8) raise awareness of the plan; (9) prepare an inventory of the main pollution sources in the Rocha River basin; (10) prepare an inventory of the main pollution sources in the Katari-Lake Titicaca watersheds; (11) approve classification rules for bodies of water and their implementation in Piraí and Rocha; (12) approve rules for managing acid waters and effluents in the mining sector and design a clean technology pilot project; (13) implement an action plan for water quality management in the Blanco River mining microwatershed; (14) approve guidelines for reusing water (raw or treated) for irrigation by type of crop; (15) implement a methodology for inventorying and describing mining environmental liabilities in eight protected areas, and develop an interagency platform to prepare an action plan for liability remediation; (16) publish maps of environmental liabilities in the SNIA; (17) submit the draft supreme decree for the identification of hazardous waste to the Ministry of the Presidency pursuant to Law 755 on Integrated Solid Waste Management; and (18) approve the regulation for operational management of hazardous waste. 

People Affected By This Project

This operation will have no adverse environmental impacts, and includes
environmental sustainability as an intrinsic requirement of the program. Under
Directive B.13 of the Environment and Safeguards Compliance Policy
(Operational Policy OP-703), this operation, as a PBP, requires no classification.

Investment Description
  • Inter-American Development Bank (IADB)

This loan operation is the second of two consecutive, single-tranche operations
that are technically linked but financed independently under the programmatic
policy-based loan modality. The financing for this second programmatic policy-based loan
(PBP) will be up to US$100 million from regular Ordinary Capital resources, which
is expected to be disbursed in the first half of 2019.

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).