The project's general objective is to continue to support the country's progressive transition to net zerogreenhouse gas (GHG) emissions by 2050, benefiting the entire population, through reforms to: (i) strengthen management andmonitoring of climate action in Costa Rica; (ii) conserve and restore ecosystems with high rates of GHG sequestration andreplace GHG-emitting agricultural practices with GHG-sequestering ones; and (iii) incentivize the use of electric power. The necessary policy reforms to implement the National Decarbonization Plan will be supported under these subsectors. This is the second loan in a series of two consecutive single-tranche operations that are technically related to one another butcontractually independent and financed as programmatic policy-based loans.
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).