The program objective is to contribute to reducing disparities in integration among the countries of the River Plate Basin, focusing on priority border zones, through the implementation of FONPLATA-financed projects
The CCLIP will be up to US $ 300 million, will be 12 years long, and will consist of three individual global credit investment loan operations. The first will be a US $ 100 million loan and a 4 years tenure period. The subsequent ones for amounts of approximately US $ 100 million and durations of around 4 years. The first individual operation will be financed by a Global Credit Investment Loan denominated in United States dollars with a charge to Ordinary Capital (CO) resources.
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).