IFAD Cofinancing to HA-L1107 - Agricultural and Agroforestry Technological Innovation Program - PITA (IADB-HA-G1041)

Countries
  • Haiti
Where the impacts of the investment may be experienced.
Specific Location
North, Northeast, Artibonite and South Departments
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
B
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
Jun 22, 2018
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
Ministry of Agriculture, Natural Resources and Rural Development
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Jul 23, 2018


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Project Description

The Inter-American Development Bank has released little information about the specific objectives and components of this co-financing project. It says that the general objective is to increase agricultural income and food security for smallholder farmers in selected areas of Haiti. The specific objectives that the Bank cites are to increase agricultural productivity and improve the use of natural capital through the adoption of sustainable technology. 

The original Bank website for HA-L1107 includes more information about the overall project. The project is centered around technology transfer to aid smallholder farmers, and will involve the following components:

  1. Applied research and training for the development and adaptation of sustainable agricultural technologies.
  2. Promotion of sustainable agricultural technologies. 

The program will partially or totally subsidize farmers' access to agricultural inputs (fertilizers, pesticides, etc), equipment, and services related to these technologies. 

Early Warning System Project Analysis

For the original project HA-L1107, the Bank has identified the following risks:

  • Use of hazardous materials
  • Generation of solid waste
  • Moderate impact on water quality, quantity, and availability. 

The project location is prone to earthquakes, flooding, hurricanes, landslides, droughts, and climate-realted changes that will exacerate the issues. 

Investment Description
  • Inter-American Development Bank (IADB)

The Inter-American Development bank has not specified the type or amount or type of investment involved in this co-financing from the International Fund for Agricultural Development. 

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).