Pathways to Decarbonize Maritime Transport and Adapt Port Infrastructure to Climate Change in LAC (IADB-RG-T4775)

Regions
  • Latin America and Caribbean
Geographic location where the impacts of the investment may be experienced.
Countries
  • Colombia
  • Dominican Republic
  • Jamaica
  • Panama
  • Paraguay
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
U
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."
Voting Date
Jul 24, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Sectors
  • Climate and Environment
  • Energy
  • Infrastructure
  • Law and Government
  • Technical Cooperation
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.25 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)
$ 0.25 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.
Bank Documents
Primary Source

Original disclosure @ IADB website

Updated in EWS Oct 14, 2025

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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.

Maritime transport is an essential component of economic development in Latin America and the Caribbean (LAC). However, the sector is a significant contributor to greenhouse gas (GHG) emissions, exacerbating global climate change. In response to this environmental challenge, the International Maritime Organization (IMO) has formulated a strategy to curtail emissions from international shipping, presenting both obstacles and opportunities for the LAC region. This research seeks to examine viable pathways for the decarbonization of maritime transport in LAC, evaluate the ramifications of the IMO strategy, and propose policy recommendations for regional stakeholders to facilitate a transition towards sustainable maritime operations.

The proposed research on maritime transport decarbonization in Latin America and the Caribbean aligns with the IDB overarching priorities set for the region, which include promoting climate resilience, sustainable infrastructure, and economic competitiveness. By examining pathways for reducing greenhouse gas emissions in the maritime sector, the study supports evidence-based policymaking that can enhance regional resilience and sustainability.

Colombia: This study aligns with Colombia's IDB strategy by supporting climate change mitigation efforts and sustainable infrastructure development, particularly in the transport and logistics sector, which is critical for trade competitiveness.

Paraguay: Given Paraguay's focus on enhancing connectivity and improving trade logistics, this research supports efforts to modernize the transport sector while promoting environmental sustainability and compliance with international regulations.

Jamaica and DR: The study complements these countries' priorities in sustainable economic growth and climate resilience, particularly in its maritime sector, which is vital for trade, tourism, and food security.

Panama: As a key maritime hub, Panama's IDB strategy emphasizes sustainable infrastructure and green growth, making this research highly relevant for shaping policies that balance economic development with environmental commitments.

This study will analyze these multifaceted impacts and provide actionable insights that support a just and balanced transition towards a low-carbon maritime sector in LAC.
Research objectives:

  • To explore technological, operational, and policy-driven decarbonization pathways suitable for the region.
  • To analyze the economic, regulatory, and infrastructural implications of the IMO's strategy on maritime transport in LAC
  • To formulate evidence-based policy recommendations for transport, energy and climate-change government authorities, fostering alignment with global decarbonization objectives while addressing regional economic and logistical constraints.
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.

IADB Team Leaders:

Agustina Calatayud
Roberto Aiello

No contacts provided at the time of disclosure.

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).

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