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According to the IADB, the objective of this project is to quickly and assertively induce the birth of bioeconomy startups and strengthen the still fragile existing ones, thus originating a pipeline of qualified sustainable bioeconomy businesses in the Amazon Impact Innovation Ecosystem, maintaining the robustness and longevity of bioeconomy startups that directly and indirectly are capable of keeping the forest standing.
As stated by PPIAF, the Multilateral Investment Fund (MIF) is an innovation laboratory for the Inter-American Development Bank Group that engages the private sector and inspires it to solve development problems in Latin America and the Caribbean. The MIF identifies, supports, and scales up new development solutions that create opportunities for poor and vulnerable populations in the region. In addition to working with the private sector, the MIF strategically collaborates with the public sector.
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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).