Implementation of Water Resource Management Systems in Support of the Master Plan for the Integrated Management and Sustainable Use of the Magdalena River Basin (IADB-CO-T1598)

Countries
  • Colombia
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
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
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
Apr 23, 2021
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 Colombia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
  • Infrastructure
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.40 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)
$ 0.40 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 Apr 29, 2021

Disclosed by Bank Feb 18, 2021


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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.

The Technical Cooperation (TC) will support the implementation of a water resources management system for the large Magdalena River basin, and a support system for the monitoring of the navigable channel through the implementation of the IDB's model suite, called HydroBID. The information generated by the models will be fed into a geographic information system that will provide data for decision-making both at the level of the Magdalena River Basin and at the level of the sub-basins corresponding to the different autonomous corporations and local governments.

HydroBID will provide information on water quantity and quality, water balances, effects of climate change, land-use change from the operation of reservoirs on runoff flowing into the Magdalena River, while HydroBID Flood will provide hydrodynamic information on levels, velocities, and processes of erosion and sedimentation in the navigation channel, as well as information on the likelihood of flooding in areas of risk and contamination risks. Results produced by the HydroBID model will not only feed the Information system, but will also generate Information about the quantity of water that reach the navigation channel, which will help to predict variations related to reservoirs operation or precipitations that may occur along the watershed, this data will then be used by the HydroBID Flood model to produce detailed information related to water depths, which represent information of great importance for the navigation and also to assess the environmental conditions of the river.

The TC will be developed mainly under the guided implementation structure, through which teams of local technicians will develop the implementation of the models under the guidance and continuous supervision of specialists in the different areas, which will additionally guarantee the correct transfer of technology and knowledge.

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

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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How it works