Deep decarbonization pathways in Latin America and the Caribbean (IADB-RG-T3028)

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
Approved
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
Aug 4, 2017
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
  • Climate and Environment
  • 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)
$ 0.98 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)
$ 1.23 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 Sep 18, 2017

Disclosed by Bank Aug 14, 2017


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Project Description
IDB: "The goal of the project is to foster the creation of an ecosystem of modelers in LAC with the following objectives: (i) it will train academic teams and/or think tanks in the use of models they cannot currently use, relying on best practices by more advanced teams in IDB member countries; (ii) to showcase these models to local policymakers, prove their value to inform policy decisions, and start a dialogue, the teams will use their new modeling capacity to answer a research question of relevance to the national context, and will disseminate the results domestically; (iii) to support a public debate on NDC planning, they will generate emission reduction pathways for their respective countries; (iv) to develop a regional community of practice that is capable of discussing modeling approaches and assessments of climate policies, share experiences and continue to develop expertise, the teams will meet during regional workshops and compare their approaches and lessons learned; and (v) to improve the transparency of international stocktaking on NDCs and general awareness of the value of using prospective models to produce decarbonization pathways and inform the policy debate around NDCs, the results of all the activities will be communicated and disseminated broadly."
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).