WATERSHARED ACCELERATOR: financial innovation for adaptation, mitigation and watershed management (IADB-BO-T1449)

Countries
  • Bolivia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Chaco and Chiquitania regions
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."
Voting Date
Mar 10, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
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
  • Technical Cooperation
  • Water and Sanitation
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 150.00 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)
$ 650.00 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 Jun 3, 2025

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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.

According to the Bank’s website, the objective of the project is to provide improved access to water in rural communities in the mesothermal valleys, Chaco and Chiquitania regions in Bolivia, through the financing of gray infrastructure works and the establishment of environmental conservation agreements, which improve the quality of water sources. The project will comprehensively address water management, merging conservation and development of access infrastructures, with a focus on financial sustainability and strengthening rural communities in Bolivia, in the operation, maintenance of water systems and in the conservation of water sources.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The project involves the construction of water systems that combine green infrastructure (forest conservation) and gray infrastructure (dams and pipelines). It is a Category B project under the IDB's Environmental and Social Policy Framework because it may have specific, localized, and limited environmental, health, and safety risks and impacts, which can be avoided or mitigated by complying with generally recognized environmental, health, and safety performance standards and international industry best practices. Potential environmental, health, and safety risks and impacts associated with the transaction include (i) adequate working conditions, including occupational health and safety ("OHS"), for the contractors' direct and indirect employees; (ii) waste management; (iii) handling of hazardous materials; and (iv) potential negative impacts on local biodiversity and ecosystem services while the gray infrastructure is being developed.

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

The total project amount, including the counterpart, is US$650,000, of which US$150,000 will be Non-Reimbursable Technical Cooperation.

Fund: Spanish Framework - General Cooperation


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.

No contacts available at the time of disclosure.

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