Latin America and the Caribbean (LAC) has greatly expanded agricultural production since the second half of the 20th century. However, social and environmental problems persist: rural poverty and exclusion continue to be predominant problems in LAC. In this context, the innovative solutions developed by Agtechs play a fundamental role in addressing these challenges, in the region, and in the transition towards inclusive and sustainable food production models. The Yield Lab Latam is a regional fund focused on investments in high impact opportunities in the Ag & Food Tech sector. The fund will invest in 20-30 of the most promising companies in the region that are addressing the most important challenges in the sector.
The counterpart from other stakeholder and maybe shareholders amount to USD 46,000,000.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|Inter-American Development Bank (IDB)||Buyer||Finance||contracts with||The Yield Lab Latam||Client||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).