France-LAC Partnership: Local Housing Strategies, a Pathway to Sustainable, Climate-Friendly and Inc (IADB-RG-T3011)

Regions
  • Latin America and Caribbean
Where the impacts of the investment may be experienced.
Countries
  • Argentina
  • Brazil
  • Mexico
Where the impacts of the investment may be experienced.
Specific Location
São Paulo; Manaus; Buenos Aires; Mexico City
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
U
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
Mar 8, 2019
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
Regional
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
  • 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)
$ 0.45 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)
$ 0.45 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 May 11, 2019


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to the bank: "the objective of this Technical Cooperation (TC) is to define strategies and innovative solutions to promote housing supply in central urban areas to foster climate-friendly and inclusive cities. The focus is on supporting local authorities to implement local housing policies integrated with other local policies such as transport and land use, and to design affordable housing projects in densification and regeneration areas. By studying and learning from the French model, we want to propose instruments to encourage repopulation of urban centers and foster socially and functionally mixed areas with a view of building compact cities, taking advantage of the existing infrastructure and housing stock while controlling urban sprawl. The TC program aims to accompany four LAC cities in creating an operational model that fosters affordable housing in city-center regeneration projects. Several countries have already demonstrated interest and approached the IDB to request support. The target cities for the TC are São Paulo and Manaus, Brazil, Mexico City, Mexico and Buenos Aires, Argentina. They have been selected because of potential for implementation of pilot projects, demonstrated political will, interest for the French experience and based on a set of criteria of the area of intervention such as low density but with potential for densification (i.e. already existing infrastructure of networks, of basic services); existing real estate availability in the densification area, vacant housing; identified target population, etc. Even though their economies are among the strongest in the LAC region, Brazil, Argentina and Mexico still have serious housing problems and present a favorable context to explore and implement concrete innovative solutions that may have strong impact on urban pattern and fight against climate change and could be replicated in the region."

Investment Description
  • Inter-American Development Bank (IADB)

French Climate Fund for LAC

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).