The resources of this TC will support the Government of Ecuador in the planning, use, and operational aspects of deploying funds derived from a debt for nature conversion supported by an IDB Policy-based Guarantee, for the benefit of marine ecosystems in the Galapagos, livelihoods, and climate change resilience. Specifically, it will (i) support the creation and effective management of a new marine protected area in the Galapagos Islands, and (ii) Support the Capacity Building required for the Debt for Nature Conversion in Ecuador.
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).