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According to the Bank’s website, the general objective is to establish a facility to support the reduction of GHG emissions (particularly Scope 3) and contribute to net-zero value chains in the Amazon region and other geographical areas of the Bank's beneficiaries countries. The facility will help overcome technical, financial and knowledge barriers faced by bio-businesses (particularly in the Amazon region) and green entrepreneurs, ensuring required financial resources and capacity building to increase the availability of bankable investments.The facility will help increasing the flow of funds to initiatives that contribute to net-zero value chains
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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).