Support for Strengthening the Institutional Framework for Science, Technology, Knowledge and Innovation in Chile (Apoyo Fortalecimiento Institucionalidad de Ciencia, Tecnología, Conocimiento e Innova (IADB-CH-L1148)

Countries
  • Chile
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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
Dec 18, 2019
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 Chile - Ministry of Science, Technology, Knowledge and Innovation (MCTCI)
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 50.00 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.
Loan Amount (USD)
$ 100.00 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)
$ 100.00 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.
Primary Source

Original disclosure @ IADB website

Updated in EWS Jan 24, 2020


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

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.

The general objective of this operation is to support the technological development of the country through the promotion of science, technology and innovation (STI) of technological base and knowledge transfer. The specific objectives are to (i) maintain a stable macroeconomic environment; (ii) support the strengthening of legal framework for technology based STI; (iii) support the strengthening of the institutional framework for technology based STI; and (iv) stablish monitoring and evaluation mechanisms for science, technology, knowledge and innovation policies.

Componente 1. Sostenibilidad Macroeconómica: mantenimiento de un contexto macroeconómico apropiado y consistente con los objetivos del programa según establecido en la Matriz de Políticas y en la carta de políticas.
Componente 2. Marco legal para la Ciencia, Tecnología e Innovación. Apoyará el fortalecimiento del marco legal para la CTI de base tecnológica, incluyendo entre otras acciones: (i) la creación del Ministerio y elnombramiento del Ministro de CTCI; (ii) la constitución de la Subsecretaría de CTCI y su posterior operación con su presupuesto asociado; (iii) el desarrollo de una propuesta y posterior implementación de una política de apoyo a transferencia tecnológica; y (iv) la elaboración y posterior implementación de una política de CTCI.
Componente 3. Marco Institucional para la Ciencia, Tecnología, Conomiciento e Innovación (CTCI). Fortalecimiento del marco institucional,incluyendo entre otras aciones: (i) el desarrollo de una propuesta de funcionamiento y su posterior implementación del Comité Interministerial de CTCI; (ii) la creación y posterior entrada en operación del Consejo Nacional de CTCI; (iii) el desarrollo de una propuesta de macrozonas de coordinación regionales y su posterior implementación; y (iv) diseño institucional y posterior implementación de la nueva Agencia Nacional de Investigación y Desarrollo.

Componente 4. Mecanismos Monitoreo y Evaluación.

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

El Gobierno de Chile solicitado el apoyo del Banco a través de un préstamo de apoyo de reformas de políticas (PBL) y una cooperación técnica no reembolsable, la cual se preparará en paralelo al PBL. Esta operación está estructurada bajo la modalidad de PBL de Tramos Múltiples (Multi-tranche PBL), con base en el documento Préstamos en Apoyo a Reformas de Política: Directrices sobre Preparación y Aprobación (CS3633-2).


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).

How it works

How it works