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According to the IADB, the general objective of this TC is to generate additional and applicable knowledge to address needs and challenges that hinder the acceleration of investment on adaptation and climate resilience in the LAC region. The specific objectives are: (i) to develop and apply robust methodologies that quantify the economic, social, and environmental costs and benefits of adaptation investments and policies, enabling evidence-based decision-making and prioritization of high-impact adaptation actions; (ii) to systematically identify, document, and disseminate best practices and lessons learned on innovative public and private financial instruments that catalyze adaptation finance, strengthening national and subnational capacity to scale effective financing solutions; and (iii) to support the design and operationalization of national MEL systems or frameworks that track progress, assess effectiveness, and generate actionable insights on adaptation actions, ensuring continuous improvement and alignment with national and subnational adaptation priorities.
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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).