Support for an Effective Descentralization (IADB-CH-T1208)

Countries
  • Chile
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
C
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
Aug 5, 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
Government of Chile (Subsecretaría de Desarrollo Regional, SUBDERE)
The holder of the loan, grant, or other investment.
Investment Type(s)
Fund
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.45 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)
$ 0.47 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 Aug 21, 2019

Disclosed by Bank Apr 9, 2019


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Project Description

Support SUBDERE in the implementation of its regionalization strengthening program based on the reform that would implement Law No. 21,074 on the Constitutional Government and Regional Administration. This implies supporting the transfer of powers to regional governments to deepen the country's decentralization processes through fiscally responsible strategies and based on greater equity in urban-territorial development. In addition, this TC aims to support the authorities with technical studies and regulatory design of the reforms in the process of implementing the reforms, which in turn will be included in the Program to Support Effective and Fiscally Responsible Decentralization

Investment Description
  • Inter-American Development Bank (IADB)

Technical Cooperation

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).