Understanding Trade and Investment for Greater Partnerships (IADB-RG-T2786)

Regions
  • Latin America and Caribbean
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
Completed
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
Sep 7, 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.
Sectors
  • Industry and Trade
  • 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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.10 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)
$ 0.10 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 2, 2017

Disclosed by Bank Oct 21, 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 objective of this Technical Cooperation is to promote trade and investment in Ibero-America, by facilitating the public and private sector with strategic information to make decisions towards specific trade and investment opportunities and propose sector specific recommendations to dismantle the barriers that are impeding the private sector to invest in the region. Emphasis will be given on the use of public-private partnerships (PPPs) as mechanisms for successfully developing infrastructure and projects in strategic sectors and on what countries should do to effectively bring PPP projects to market. The objectives and activities of the project correspond to the Bank's Strategies for Sustainable Infrastructure for Competitiveness and Inclusive Growth and Regional Integration (GN-2565-4), as it will promote partnerships, trade, investment and regional integration through the exchange of experiences and best practices in infrastructure development, sustainable and renewable energy, access to water and sanitation, private sector role in the region, as well as trade promotion and through the creation of trade capacity building. In addition, the project's objectives are aligned with the sector priorities identified in the GCI-9, in particular numeral (d) Competitive regional and global international integration. The project is also aligned with the objectives of the Spanish General Cooperation Fund (FGE) as the activities proposed will promote regional integration, improvements in productivity and competitiveness, promotion of the private sector.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.
The IADB is financing USD 100,000 in non-reimbursable technical cooperation through the Spanish Framework General Fund.

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