Development Support for the City Lab and the IDB Sustainable Cities Network (IADB-RG-T2983)

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
Proposed
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.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ IADB website

Updated in EWS Nov 8, 2017


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Project Description
The main objective of this TC is to help mainstream innovation and design thinking into urban planning and development in cities of LAC and into operations development at the IDB Group, through the development and strengthening of a laboratory ("Cities LAB") for urban innovation. This TC will finance the necessary actions for the launching and initial implementation of the Cities LAB, which will contribute to the generation of innovative practices and processes within the realm of urban issues through the offering of services to both the client cities of the Bank as well as to the operational divisions within the Bank. The Cities LAB seeks to support cities in the LAC region and divisions of the Bank to: (i) develop and prototype innovative solutions for cities in the region, be it directly for the client city or in support of existing operations related to urban issues in various areas of the IDB Group; (ii) connect cities with financing; and (iii) disseminate lessons learned and best practices.
Investment Description
  • Inter-American Development Bank (IADB)
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).