Program for the Development of Energy Efficiency in Street Lighting Systems in Bolivia. (IADB-BO-L1203)

Countries
  • Bolivia
Geographic location where the impacts of the investment may be experienced.
Specific Location
La Paz, Santa Cruz
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
B
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 Bolivia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 57.08 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.
Loan Amount (USD)
$ 57.80 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)
$ 97.08 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.
Bank Documents
Primary Source

Original disclosure @ IADB website

Updated in EWS Sep 28, 2022

Disclosed by Bank Mar 20, 2019

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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.

Support the sustainability of Bolivia's energy matrix to promote energy efficiency and reduce carbon dioxide emissions, by promoting the efficient use of electricity. In addition, the program seeks to reduce the consumption of electricity in the public lighting systems (AP) of cities, through the implementation of energy efficiency measures and the use of modern and more efficient technologies.

Componente Único Eficiencia Energética en Alumbrado Público (US$78 millones). Financiará  (i) bienes, obras y servicios conexos para el reemplazo de luminarias convencionales de AP por luminarias inteligentes y eficientes tipo Light-emitting Diode (LED). El reemplazo de las luminarias permitirá reducir el consumo de electricidad en los sistemas de AP (avenidas, calles y parques) de dos ciudades (La Paz y Santa Cruz); corrección de postes y brazos; instalación de sistema de control remoto para la tele-gestión de luminarias y, la implementación de un plan de manejo de residuos.

People Affected By This Project
People Affected By This Project refers to the communities of people likely to be affected positively or negatively by a project.

Clasificado como operación que puede causar impactos ambientales negativos localizados y de corto plazo, incluyendo impactos sociales asociados, para los
cuales existen medidas de mitigación. Se espera que el programa produzca un efecto ambiental y social neto positivo en la calidad de vida de los habitantes de las
municipalidades beneficiarias y en las emisiones de CO2. No obstante, el reemplazo de las luminarias generará una cantidad significativa de residuos peligrosos, lo cual se confirmará durante la debida diligencia. Se realiza un Análisis Ambiental y Social y su respectivo Plan de Gestión Ambiental y Social para cada municipalidad, con particular atención al manejo y disposición final de los residuos.

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

In partnership with the Japan International Cooperation Agency (JICA) MILLION USD 40,00


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.

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).

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