IDB-Israel Collaboration: Improving Capacities in Water Resource Technologies (IADB-RG-T3298)

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
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
Nov 12, 2018
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
  • Water and Sanitation
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)
$ 0.70 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)
$ 1.20 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 Jan 23, 2019


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Project Description

According to the bank, the main objective of this Technical Cooperation (TC) is to assist IDB´s borrowing member countries in improving their knowledge and strengthening their capacity for the development and adoption of innovative technologies and management systems in the water and wastewater treatment/reuse sectors. The TC will address key water and wastewater challenges in the Latin America and the Caribbean region (LAC) that include: (i) reduced water availability (surface and groundwater), with extensive area in LAC experiencing high water scarcity due to extreme droughts; (ii) high water losses caused by deteriorating water infrastructure, with up to 50% of water losses in many urban water systems; (iii) insufficient development of alternative sources of water that are ecologically, economically and financially sustainable, including very limited development of desalination plants and high costs; (iv) weak regulatory frameworks and lack of capacities among water authorities, commissions and utilities to promote and adopt technological innovations; and (v) insufficient wastewater treatment and reuse programs (only 18% of wastewater is treated, and a minimal portion of this is reused) thus contributing to the deterioration of environmental conditions in water stream and bodies, and to a sub-utilization of water reuse in agriculture, industry and service sectors. 

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).