Empirical Analysis of Air Pollution and Climate Change Mitigation Actions in LAC (IADB-RG-T2761)

Countries
  • Chile
  • Mexico
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Aug 15, 2016
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Policy-makers in LAC
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.45 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 0.56 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Aug 3, 2017

Disclosed by Bank May 10, 2016


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
From the IADB: "The main objective of this Technical Cooperation project is to assist decision makers in the design of climate change mitigation and air pollution policies and programs by providing information regarding: (i) the effect of distributing salient and readily-assessable air pollution information, and (ii) the valuation of health co-benefits of climate change mitigation actions. Through information collected and analyzed from two innovative randomized controlled trials, this Technical Cooperation will contribute to the decision-making process on several dimensions. First, we will be able to determine whether this type of policy is self-sustainable from a cost perspective. Second, we will be able to determine whether air pollution information programs reduce households' exposure to air pollution, and therefore, reduce the health and economic costs of air pollution to households. Third, we will be able to shed light on the optimal type of information to provide in order to induce changes in household behavior. Fourth, by estimating the change in air pollution exposure and its associated health cost, a proxy for climate change health co-benefits will be available." The project will especially affect Chile and Mexico.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.
This non-reimbursable Technical Cooperation will have a total cost of USD 562,500, of which the IADB will finance USD 450,000 with resources from its Sustainable Energy and Climate Change IDB Special Program. USD 112,500 will be funded by country counterpart financing from the Instituto Nacional de Ecología y Cambio Climático of Mexico (INECC).

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
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).

How it works

How it works