Innovation and research laboratory in education for Latin America (IADB-RG-T2692)

Regions
  • Latin America and Caribbean
Where the impacts of the investment may be experienced.
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
Active
Bank Risk Rating
C
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
Nov 6, 2015
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
Ministries of Education
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.95 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1.37 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Aug 8, 2017

Disclosed by Bank Feb 1, 2016


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Project Description
From the IADB: This Technical Cooperation project proposes to promote the creation of the Research Laboratory Innovation in Education for LAC that strengthens decision-making processes and information about education policies in the region by improving the quality of available information and facilitating exchanges between policy-makers and producers of knowledge on the basis of a consensual regional agenda among the Ministries of Educations of the beneficiary countries. The specific objectives of the project n are: (i) to facilitate access to critical information for decision-making in education, through the creation and communication of evidence; Ii) informing the design and implementation of evidence-based educational policies, through analysis of successful processes and practices; (Iii) to promote innovation in education, anticipating avant-garde themes and making promising practices visible; (Iv) create demand for evidence-based policy; And (v) strengthen the link between policy makers and knowledge generators by creating networks of researchers according to regional priorities.
Investment Description
  • Inter-American Development Bank (IADB)
The total budget for this project will be US$1,370,000, of which US$950,000 will be financed by the IADB through the Regional Public Goods Initiative and an in-kind contribution from FundaciĆ³n Chile valued at US$420,000.
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).