According to the bank, this TC is consistent with the 2010-2020 Institutional Strategy (GN-2788-5) and aligned directly with the cross-cutting theme of climate change and environmental sustainability, through the creation and strengthening of the WFs that would implement climate adaptation measures to mitigate impacts on water resources and promote water security in urban areas. This TC will support the creation or strengthening of 5 WFs across Latin America and the Caribbean. These Funds will serve as financing mechanisms for the conservation of key watersheds in 5 strategically selected cities. Component 1 – Water Fund's Design and Monitoring. Component 2 – Water Fund's Technical Assistance. Component 3 – Training, Knowledge and Capacity Building.
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).