Support for the regional development of strategic alliances and cities included in the CES Program (IADB-RG-T2748)

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
Jul 26, 2016
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.
Sectors
  • Infrastructure
  • 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)
$ 2.20 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)
$ 2.20 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 3, 2017

Disclosed by Bank Jun 14, 2016


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Project Description
From the IADB: "The objective of this Technical Cooperation is to finance preparatory studies for the action plans and pre-investment studies, which foster the proper development of strategic alliances and alternative models of implementation of the Emerging and Sustainable Cities' methodology that have been developed with different actors of the region. Also, this Technical Cooperation will support the execution of studies and activities that facilitate the continuous improvement of the methodological tool of the initiative and its consolidation as a regional public good. The final objective is to promote environmental sustainability, fiscal and governance sustainability, and integrated and sustainable urban development in the cities of the region. This operation is the continuation of the multisectoral effort that has been strengthening the Emerging and Sustainable Cities (ESCI), which will improve the quality of life of the inhabitants of LAC in the long term."
Investment Description
  • Inter-American Development Bank (IADB)
This non-reimbursable technical cooperation has a total cost of US$2.20 million, to be financed through the IADB's Ordinary Capital.
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).