Transcript Inter-American Development Bank

Inter-American Development Bank
Implementation of the
Mandates of the IV Summit of
the Americas
XLV Meeting of the Summit Implementation Review Group
Thursday, March 29, 2007
Inter-American Development Bank (IDB)
This presentation provides information on recent activities
undertaken by the IDB in 7 specific areas as set forth in the Mar
del Plata Declaration and Plan of Action. The 7 areas are:
•Natural disasters
•Remittances
•Training the labor force
•Micro, small and medium enterprises
•Improving the business climate for investment
•Infrastructure
•Private sector investment
JSWG – Implementation of the Mandates of the IV Summit of the Americas
Inter-American Development Bank (IDB)
Growth with Employment
(Declaration Mandate 11: Disaster
Risk Management)
National Initiatives
• Disaster risk management was included in the programming processes of
12 countries in 2006
• Two loan projects and 13 technical cooperation operations were approved
in 2006
Regional Initiatives
• Region-wide Disaster Network meeting in Washington, DC
• Two sub-regional disaster policy events took place in Barbados and Bolivia
• Two disaster finance events at IDB’s 2006 Annual Meeting in Brazil and
with the Caribbean Development Bank in Barbados, June 2006
• Disaster Risk Management was featured at the Sustainable Energy and
Climate Change Initiative (SECCI) conference in November 2006
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JSWG – Implementation of the Mandates of the IV Summit of the Americas
Inter-American Development Bank
Growth with Employment
(Declaration Mandate 11: Disaster
Risk Management)
Policy and Financial Instruments
• IDB approved the establishment of the Disaster Prevention Fund (DPF) and
Multidonor Disaster Prevention Trust Fund
• IDB Management approved the draft Disaster Risk Management (DRM) policy
Next Steps
• Implement the Disaster Risk Management Action Plan in the programming
processes of additional countries
• Seek Board approval for DRM Policy during second trimester of 2007
• Finance projects with non-reimbursable financing of the DPF and the Multidonor
Trust Fund
• Prepare a white paper on the IDB’s role in risk transfer
• Organize one hemispheric and at least two sub-regional meetings in 2007
JSWG – Implementation of the Mandates of the IV Summit of the Americas
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Jobs to Fight Poverty
(Declaration Mandate 28: Remittances)
Regional Initiatives
• Multilateral Investment Fund (MIF) approved a project to assist Latin American
and Caribbean central banks to adopt general principles for remittances services
• MIF approved 11 additional remittances projects through a joint facility with the
International Fund for Agricultural Development (IFAD)
• MIF has hosted 5 conferences on various topics germane to remittances
Next Steps
• Conduct studies and organize events on remittances in Mexico, Haiti, and
between Spain and Latin America
• Support a US$10 million facility established by IFAD to finance projects to cut the
cost of making money transfers to rural areas
•Collaborate on remittance-related issues with the Microfinance International
Corporation (MFIC), the Asian Development Bank, the World Bank, and the
Consultative Group to Assist the Poor (CGAP)
JSWG – Implementation of the Mandates of the IV Summit of the Americas
Inter-American Development Bank
Training the Labor Force
(Declaration Mandates 40 & 44:
Employment and Labor Markets)
National Initiatives
• Comprehensive labor market loans to Mexico, Panama, Peru and the Dom. Rep.
• TC grants to support labor capacity in Central America and the Dominican
Republic, youth training and quality employment creation in Colombia
• First comprehensive evaluation of the effectiveness and gender impact of a public
employment service in Mexico
Regional Initiatives
• Emphasis on links between education, training and competitiveness
• Evaluation of Bank-financed labor market programs
Next Steps
• “Enterprise Compact for the Majority” part of the Opportunities for the Majority
Initiative will support greater human capital investment and expand the Bank’s
labor markets, employment, and competitiveness program
• New labor markets analysis for Paraguay; gender impact analysis in Chile
• TC grants to support labor market and training programs in Honduras, Nicaragua
JSWG – Implementation of the Mandates of the IV Summit of the Americas
Inter-American Development Bank
Micro-, Small- and MediumSized Enterprises as an Engine
for Growth
(Declaration Mandate 54: MSMEs)
Regional and National Initiatives
• The IDB Group (IDB, Inter-American Investment Corporation (IIC), and MIF)
approved 209 operations related to MSMEs, for approximately US$1.8 billion in
2006
• Projects foster microfinance development by enhancing MSME access to
technology, business opportunities, services and financing
Next Steps
• Channel additional resources to MSMEs through the recently launched
Opportunities for the Majority Initiative
• Continue with IDB’s knowledge dissemination strategy (through research, the
annual Forum on Microenterprise) and seek new innovative mechanisms to
promote regional development
JSWG – Implementation of the Mandates of the IV Summit of the Americas
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Framework for Creating Decent
Work
(Declaration Mandate 55: Improving the
Business Climate)
National Initiatives
 Belize and the Province of San Juan (Argentina) joined the IDB’s Business
Climate Initiative (BCI)
• Diagnostic studies for Barbados, Belize, Brazil and with a new focus on the subnational level in large countries, the Province of San Juan (Argentina)
• Completion, in partnership with the World Bank, of the Business Enterprises
Economic Performances Surveys (BEEPS) for eight countries
Next Steps
 Three new projects entered the BCI pipeline: Argentina, the Dominican Republic,
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Honduras and El Salvador
Argentina – implementation of the prioritized actions from the BCI Action Plan,
Peer Review of the Antitrust Law, Institutions and Policies
Dominican Republic – update the business incorporation law, update firm registry
system
Honduras – Government Agenda for Private Sector Development
El Salvador – improve access for SMEs to government procurement
JSWG – Implementation of the Mandates of the IV Summit of the Americas
Inter-American Development Bank
Growth with Employment
(Plan of Action Mandate 40:
Infrastructure Development)
Regional Initiatives
•Establishment of the Infrastructure Fund (InfraFund) in 2006 with US$20 million
catalyst for project preparation
• US$2.344 billion in infrastructure projects and US$1.5 million in technical
assistance operations approved by the Bank between May 2006-January 2007
• Launch of the Sustainable Energy and Climate Change Initiative (SECCI) in 2006
to find sound energy options
• Creation of a new cluster of activities focused on promoting clean energy markets
(MIF)
• Non-lending activities to advise public policy: numerous technical studies and best
practice papers, conferences, seminars and forums
Next Steps
Direct US$12 billion towards infrastructure programs during the next five years
JSWG – Implementation of the Mandates of the IV Summit of the Americas
Inter-American Development Bank
Growth with Employment
(Plan of Action Mandate 44: Private
Sector Investment)
Regional Initiatives
• IDB Group approved US$1.384 billion in 2006 to non-sovereign clients, financing
more than US$5 billion in investments in the region
• New clients including public companies in the infrastructure sector and private
entities in all sectors of the economy
• Increase in IDB’s lending limits per project
• Adoption of Local currency Framework
• Support to companies to restructure their debt
• Creation of the InfraFund
Next Steps
 Strengthen IDB’s non-sovereign guarantee lending program
• Enhance work with private sector with the establishment of a new IDB VicePresidency for Private Sector and Non-Sovereign Guaranteed Operations (VPSP)
JSWG – Implementation of the Mandates of the IV Summit of the Americas