Support in the Execution of Projects and Monitoring of Work Risks in Transportation Projects in Latin America and the Caribbean (IADB-RG-T3845)

Countries
  • Argentina
  • Guatemala
  • Haiti
  • Suriname
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Regional
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Technical Cooperation
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.38 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 0.38 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS May 24, 2021

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The objective of this TC is to support the governments of Latin American and Caribbean region improving the execution of projects in Transport (TSP) with emphasis on countries where the Bank's portfolio presents important challenges in execution, such as: Argentina, Guatemala, Haiti and Suriname. This will be developed through the implementation of solutions based on the generation of knowledge with evidence, for which the experience and lessons learned in the region will be taken as a reference. In order to improve execution efficiency, these solutions must incorporate technological innovations and the use of data for the remote monitoring and supervision process; as well as, providing advice to the governments of the region based on other projects financed by the Bank through the TSP Division. The activities proposed in the TC seek to promote the improvement of the execution of the projects as a central objective, through use of technological innovations that, due to lack of knowledge or interest, are not promoted in the countries. This will be achieved through training for the executing agencies, showing the lessons learned from the information collected, as well as the execution of pilots that will improve the execution of the projects.

The specific objectives of this TC are: (i) to provide technical support to national and local executing agencies in generating knowledge based on experience in executing projects financed by the Bank; (ii) support executing agencies and governments in the adoption and implementation of innovative technologies during the project execution phase; and (iii) train executing agencies of national and local entities and institutions to improve the execution of projects and the proper management of work contracts with technological innovations.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

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).

How it works

How it works