The Inter-American Development Bank has released little information on this project as of the time of writing. It states that the objective of this transaction is to provide support to the Banco de la Producción S.A. in the design of a new financial product for Climate Smart Agriculture investments and to create a guarantee facility as a de-risking instrument for the Banco's Climate Smart Agriculture portfolio.
The Bank will be providing a US20 million loan (US$10 million committed and US$10 million uncommitted) for green finance.
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).