Tag Archive for: BID

From Fundeps, together with the participation of some international civil society organizations, we sent the IDB a document with comments and observations on the Environmental and Social Policy Framework from a gender perspective.

“Below, we offer a google translate version of the original article in Spanish. This translation may not be accurate but serves as a general presentation of the article. For more accurate information, please switch to the Spanish version of the website. In addition, feel free to directly contact in English the person mentioned at the bottom of this article with regards to this topic”.

In December 2019, the Inter-American Development Bank -IDB- published the draft of the Environmental and Social Policy Framework (MPAS) in order to modernize its environmental and social policies. What does this MPAS mean? These are the requirements in environmental and social policy that the Bank or the Bank’s borrowers must meet when carrying out a project. In this statement, the Bank maintains a commitment to environmental and social sustainability, translated into a series of requirements and recommendations ordered in ten Performance Standards to be met in each project.

In January 2020, on-site and virtual public consultations began, in which Fundeps participated by presenting a review of what was proposed in social and environmental safeguards policies. This month, we led a document with specific comments and observations to Rule 9, on Gender Equality, and its lack of mainstreaming towards the rest of the MPAS Rules. This document was formulated together with another group of NGOs that adhered to the recommendations and together it was presented to the IDB. This work involved analyzing the entire draft of the Framework from a gender perspective and also contrasting it with previous gender policies published by the Bank.

As mentioned, the first shortcoming identified is the loss of mainstreaming of gender policy in project financing requirements. Taking into account that such projects directly and indirectly affect local communities, we demand that the Gender Equality Standard dialogue with other approaches such as race, ethnicity, class, age, religion, profession / activities, geographic location, among others. In other words, we demand that the problems be addressed from an intersectional vision, recognizing the coexistence of different vulnerabilities.

Regarding its conceptualization of gender equality, some inequalities of women with respect to men are mentioned, along with possible violence against trans people, so its approach in relation to LGBTTTIQ + people is scarce and superficial. Although it refers to ‘gender empowerment’ instead of ‘women empowerment’, there is no specific mention of gender, which manifests the reproduction of a binary, exclusive and regressive approach in terms of human rights. Furthermore, this means -not specifically mentioning the genres- the lack of incorporation of LGBTTTIQ people in the requirements to be met by the projects.

In its implementation measures, we note that the approaches proposed by the international human rights treaties for girls, adolescents, women, and LGBTTTIQ + people are not incorporated. On the other hand, the implementation measures required of borrowers do not include a proactive policy to advance on gender equality, as it was included in previous Bank gender policies. We continue with a preventive policy, although we identified an absence of a gender perspective in the design of strategies to mitigate and prevent violence, discrimination and inequalities.

In order to materialize progress regarding human rights in IDB-financed projects, we raise the need to strengthen the Bank’s commitment to the gender perspective, such as incorporating it at the internal level of its organizational structure. Taking into account the Bank’s ability to generate public policies through its choice of financing, we conclude that it must develop robust frameworks, operational policies, and accountability mechanisms that incorporate the gender perspective cross-sectionally and ensure the informed participation of affected people at all stages of all projects financed and undertaken by the Bank.

This document makes comments and observations on the draft of the IDB’s new Environmental and Social Policy Framework from a gender perspective. The comments and suggestions have been made with the aim of strengthening the Bank’s commitment to the gender perspective and its internal incorporation into its organizational structure. It also seeks to avoid the continued violation and corrosion of the rights of women and LGBTTTQ + people.

In the framework of the process of reviewing the environmental and social policies of the Inter-American Development Bank, we participated in public consultations held in the cities of Buenos Aires and Washington DC. Together with a group of civil society organizations, we raised certain concerns and recommendations regarding the review and consultation process, as well as the content of the draft of the proposed Environmental and Social Policy Framework.

“Below, we offer a google translate version of the original article in Spanish. This translation may not be accurate but serves as a general presentation of the article. For more accurate information, please switch to the Spanish version of the website. In addition, feel free to directly contact in English the person mentioned at the bottom of this article with regards to this topic”.

In January, the IDB began the public consultation process on a new Environmental and Social Policy Framework (MPAS), which has included, up to now, face-to-face and virtual consultations in the cities of Brussels (Belgium), City of Panama (Panama), Kingston (Jamaica), Lima (Peru), Buenos Aires (Argentina) and Washington DC (United States). In addition, the reception of a first round of virtual comments regarding the draft is contemplated until April 20.

From Fundeps, we participated both in the face-to-face public consultation carried out on March 10 in the City of Buenos Aires and in the consultation carried out on March 13 in the city of Washington DC. In turn, we plan to send written comments regarding the draft released by the Bank in the framework of a joint work we have been carrying out with a group of civil society organizations in the region.

In general terms, the draft MPAS proposes two different sections: a Policy Statement that basically establishes the roles and responsibilities that will correspond to the IDB in terms of compliance with the socio-environmental provisions and requirements of the new Framework; and a second section that includes the detail of the Environmental and Social Performance Standards with which the borrowers must comply. The draft proposes the inclusion of ten Standards: 1. Assessment and management of environmental and social risks and impacts; 2. Work and working conditions; 3. Efficiency in the use of resources and pollution prevention; 4. Community health and safety; 5. Land acquisition and resettlement; 6. Conservation of biodiversity and sustainable management of natural resources; 7. Indigenous peoples; 8. Cultural heritage; 9. Gender equality; and 10. Stakeholder participation and disclosure of information.

The IDB has argued that the proposed MPAS is based on five guiding principles: the non-dilution of current policies; results orientation (that is, effective implementation); the proportionality of the responsibilities and the established requirements regarding the level of risk of the project; transparency and the idea of ​​”doing good” beyond “doing no harm”.

However, the analysis that we have carried out together with the rest of the organizations involved in this process allows us to glimpse that, at least as proposed, the current draft is far from effectively complying with each of these guiding principles. In general terms, a dilution of policies and socio-environmental protection can be seen in many of the Performance Standards; it is not clear how effective the implementation of said MPAS will be; The idea of ​​proportionality is not reflected in many sections of the draft; and practically no sections can be identified in the draft that propose “doing good” in the sense that the Bank proposes: that of facilitating more sustainable social and environmental results.

In turn, the entire review process being carried out by the Bank is far from being transparent and “offering significant opportunities for participation by all interested parties” as established by the IDB. Precisely, as usually happens with the consultation processes carried out by the IDB, this process has had important shortcomings, especially in the objective of achieving effective participation by stakeholders.

We have duly expressed all these criticisms and problems to the Bank’s representatives in each of the consultations in which we participate and we accompany them with specific recommendations and suggestions that they should take into account when preparing the next draft of the Framework. In addition, these recommendations will be sent in writing in advance before the expiration of the term to send comments virtually.

Having completed the public consultations and once the period for receiving comments and suggestions virtually ends, the Bank must prepare a new draft of the Environmental and Social Policy Framework to be presented to the Board of Directors. Subsequently, the new Draft will be published for a new round of virtual comments for a period of 30 days, according to the Public Consultation Plan approved by the Bank’s Executive Board. Upon completion of this period, the IDB will develop the final version of the Framework that will be submitted to the Policy and Evaluation Committee of the IDB Board for final evaluation.

The IDB is a member of the IDB Group. It is a source of long-term financing for the economic, social, and institutional development of Latin America and the Caribbean and, unlike IDB Invest that invests in private sector projects, the IDB is responsible for investment in the public sector.

More information

The Inter-American Development Bank (IDB) began the process of public consultations on the new Framework for Environmental and Social Policy. It will have both face-to-face and virtual instances and will be extended throughout the year 2020.

“Below, we offer a google translate version of the original article in Spanish. This translation may not be accurate but serves as a general presentation of the article. For more accurate information, please switch to the Spanish version of the website. In addition, feel free to directly contact in English the person mentioned at the bottom of this article with regards to this topic”.

With a statement on its website, the IDB announced the start of virtual and face-to-face public consultations on the draft of the new framework for environmental and social policy. According to the bank, this new framework aims to strengthen the environmental and social sustainability of the bank’s operations and, in turn, be more effective in responding to the challenges faced by the countries of the region to achieve the long-awaited growth. sustainable.

The Environmental and Social Policy Framework contemplates safeguards policies, lessons learned and good practices accumulated over the years. In addition, the policy mentions the bank’s commitment to environmental and social sustainability, and the 10 performance standards that borrowing member countries must meet.

Also, the draft policy contemplates environmental and social risks and impacts and highlights advances in human rights, gender equality, non-discrimination and stakeholder participation.

According to the consultation plan approved by the IDB Executive Board, the public consultation process will be significant, inclusive and transparent. However, a large part of civil society that has been working on agendas linked to the IDB over the last few years doubt that this is really the case, being guided by the bad experiences of the most recent public consultations carried out by the institution, which They characterized by their shortcomings in terms of public participation and transparency.

In-person consultation processes will take place at the Bank Headquarters in Washington D.C. and in some countries of Latin America and the Caribbean, Europe and Asia. Those interested in participating in face-to-face consultations may do so by registering here.

On the other hand, those who want to participate in virtual consultations, can send comments on the draft of the new policy through the website www.iadb.org/es/mpas or by sending an email to bid-mpas@iadb.org. The first phase of comments can be made until April 17.

Why is it important to participate?

For several reasons, it is necessary that civil society, citizens and, above all, indigenous communities and communities affected or potentially affected by IDB or IDB Invest operations actively participate in this process, contributing their experience and its recommendations and suggestions regarding the environmental and social safeguards of the institutions.

First, because both the IDB and the IDB Invest are, today and despite the diversification of financial actors operating in the region, key actors in financing for development in Latin America and the Caribbean. According to the Bank itself: in 2018, with a historical amount of US $ 17,000 million approvals, the IDB and the IDB Invest were consolidated as the main source of multilateral financing for Latin America and the Caribbean. The IDB approved a total of 96 sovereign guaranteed loan projects for a total financing of more than US $ 13.4 billion, and disbursed more than US $ 9.9 billion. In turn, 2018 was a record year for IDB Invest, with approvals of US $ 4,000 million, 26% more in volume and 21% more in number of transactions than the previous year. The IDB Invest extended its support to sectors such as infrastructure and Fintech, adding to education, tourism, water and sanitation, transport and energy. In the case of Argentina, the IDB has historically been the main multilateral partner for the country’s development, with an average of recent annual approvals of US $ 1,360 million. The current active portfolio with the public sector is 54 operations for an approved amount of US $ 9,206.4 million and an unpaid balance of US $ 3,874.7 million, according to the information provided by the Bank itself.

Second, because a robust and effective system of environmental and social safeguards is key to avoiding the impacts at the socio-environmental level that, in many cases, bring infrastructure projects financed by institutions such as the IDB or the IDB Invest. When the design, application or implementation of environmental and social safeguards fails in these types of projects, the impacts and consequences especially in the communities involved are often complex, and unfortunately in many cases, irreversible. Cases such as Camisea in Peru or Hidroituango in Colombia reflect the bitter consequences of the bad, or even the lack of application of socio-environmental safeguards in projects financed by the IDB Group.

Third, because an active, informed, responsible and coordinated participation by the key actors of civil society and the indigenous and affected communities of the region would contribute to the objective of avoiding a possible (and latent) dilution of the system of environmental and social safeguards from both the IDB and the IDB Invest. Recent experiences of dilution of environmental and social regulatory frameworks after review and “modernization” processes not only in related institutions such as the World Bank or the International Finance Corporation (IFC), but also in the national regulatory systems of the countries of The region clearly reflects a trend that the IDB Group seems not to want to escape.

Sofia Brocanelli

Gonzalo Roza

Contact

Gonzalo Roza, gon.roza@fundeps.org

On a public consultation on the draft of the Profile of the Access to Information Policy of the Inter-American Development Bank (IDB), civil society organizations, including Fundeps, have made comments and recommendations to the Bank in order to generate one more policy effective and efficient.

The Executive Board of the IDB approved on November 4 the beginning of the process for the revision of its policy of access to information, whose last update was in 2011. This process will be open to virtual and face-to-face public consultation, and will be extended until May 2020.

“Below, we offer a google translate version of the original article in Spanish. This translation may not be accurate but serves as a general presentation of the article. For more accurate information, please switch to the Spanish version of the website. In addition, feel free to directly contact in English the person mentioned at the bottom of this article with regards to this topic”.

In 2018, the private sector investment arm of the Inter-American Development Bank, the IDB Invest, carried out an update of its access to information policy; in 2020, it will be the IDB’s turn, in charge of financing the public sector. According to the Bank, this update will be carried out in two phases of public consultations: the first one, started last November 13, will last 45 days and at the end a document called “Profile of Access to Information Policy” will be prepared. The second phase will have 120 days for review where comments on the consultations will be incorporated and a “Policy Draft” will be prepared. After the deadline, said document will be submitted for the consideration and approval of the Board of Directors scheduled for July 2020.

The consultations are open and free for anyone who wants to participate virtually by answering the questions presented by the IDB here or for an open participation by sending an email to consultapai@iadb.org

On the other hand, face-to-face participations will only be by invitation at the Bank Headquarters in Washington DC and for the second phase it is expected to hold meetings in borrowing member countries during the months of February and March 2020, but they have not yet been confirmed.

With respect to the Bank’s performance in terms of its policy of access to information and transparency, according to the index published annually by the Publish What You Fund called “Aid Transparency Index”, the IDB is in the highest category. However, it is evident that he has been in the same position since 2015, so there have been no improvements since that year. This is disturbing considering that in the period 2011-2015 the IDB climbed from the 14th position in the ranking to the 9th position, stalling in the 7th position from 2015 to the present.

It is considered that the last revision of the policy carried out by the Bank in 2011 resulted in the approval of a policy with high standards of access to information and transparency, although subsequently the implementation of said policy has not been effective. This new update in 2020 opens a door for the IDB not only to strengthen and improve the 2011 policy, but also to make progress in its better implementation. However, there is also a risk that the update will result in a weakening and / or dilution of current policy standards, something that the IDB should seek to avoid.

Taking into account the role played by International Financial Institutions such as the IDB in society and the impact generated by the projects they finance, it is essential that they have an updated, effective and accessible access to information policy according to the highest standards international in the matter; in a way that strengthens its transparency and institutional governance.

Thus, it is expected that this process of updating the IDB’s access to information policy will culminate successfully by actually incorporating the requests expressed in the public consultations so that such revision can increase the problems and good practices of the right to access information. , which not only constitutes a human right in itself; It is also essential to implement other rights.

From Fundeps, we invite you to participate in the process and we look forward to more information regarding face-to-face public consultations in Washington and the rest of the countries of Latin America and the Caribbean; and we will actively participate in this update process seeking not only to avoid a dilution of the policy but, on the contrary, to promote its strengthening and improve its implementation.

The purpose of this document is to bring observations and comments made by civil society organizations to the rules of implementation of the IDB Access to Information Policy Invest.

This document aims to bring observations and comments to the draft of the new Environmental and Social Sustainability Policy of the IDB Invest. These observations are made with the objective of making visible conflicts and problematic problems in the IDB Invest.

This document aims to present the observations and comments to the draft of IDB Invest’s new Environmental and Social Sustainability Policy from a gender perspective, which is practically absent in the current draft. These observations are made with the aim of making conflicts and existing problems in the actions of IDB Invest more visible, related to the violation of rights, inequality, violence and the sexual division of labour, first and foremost.

We participate in the face-to-face public consultation of the IDB Invest in the framework of the revision of its Environmental and Social Sustainability Policy.

“Below, we offer a google translate version of the original article in Spanish. This translation may not be accurate but serves as a general presentation of the article. For more accurate information, please switch to the Spanish version of the website. In addition, feel free to directly contact in English the person mentioned at the bottom of this article with regards to this topic”

Within the framework of the public consultations that the IDB Invest is conducting on the draft of its new Environmental and Social Sustainability Policy, we participate in the face-to-face public consultation held last Tuesday, September 4 at the headquarters of the IDB Argentina in the city of Buenos Aires. The IDB Invest is a member of the Inter-American Development Bank Group, better known as the IDB Group. It is a multilateral development bank with the purpose of promoting the economic development of the member countries of the region through investment in the private sector. That is, while the IDB is responsible for public sector investment, the IDB Invest invests in private sector projects.

Thus, in June of this year the IDB Invest began the public consultation to review the draft of its new policy of environmental and social safeguards; review that would last for 120 days. The objective of conducting a public consultation is due to the relevance of establishing a dialogue with interested parties to make suggestions for the new policy. Thus, virtual and face-to-face consultations have been carried out or will be carried out not only in Argentina but also in other countries such as Colombia, Jamaica, Panama or the United States.

According to the consultation plan announced by the Bank, once the public consultations have been finalized and a new draft has been prepared, it will be submitted to the Executive Board for approval, giving rise to the new Environmental and Social Sustainability Policy, replacing the policy of 2013. However, one of the main complaints heard in public consultations by a wide range of civil society organizations and indigenous communities, was the need for the Bank to open a second draft for public consultation. of the policy, in order to identify how the recommendations and suggestions made during public consultations were incorporated.

Additionally, Fundeps together with a group of organizations in the region raised the need, among other things, to: Include two areas of expansion beyond the 8 Performance Standards of the International Finance Corporation (IFC), in particular, a Performance Standard related to gender and, second, another for the participation of stakeholders and communities. In turn, the need was also raised not to dilute responsibilities in the supervision of the implementation of the safeguards; and that the new policy should be guided by the principle of “generating benefits” beyond the idea of ​​”not causing harm” as the policy currently proposes.

More information

IDB and IDB Invest review their environmental and social policies – Fundeps Web page on the Consultation on the Environmental and Social Sustainability Policy of the IDB Invest

Contact

Gonzalo Roza, gon.roza@fundeps.org

Both the Inter-American Development Bank (IDB) and its private arm, the IDB Invest, have recently opened the process for reviewing their environmental and social safeguards policies. It is important that Latin American civil society and, above all, communities affected by the projects financed by these institutions, participate actively in the public consultation process, either by sending virtual comments or by participating in face-to-face consultations that will be held in different cities of the region. Here, 5 key points to consider about the review processes.

“Below, we offer a google translate version of the original article in Spanish. This translation may not be accurate but serves as a general presentation of the article. For more accurate information, please switch to the Spanish version of the website. In addition, feel free to directly contact in English the person mentioned at the bottom of this article with regards to this topic”.

Why is the review given?

Following the recommendation made by the IDB Office of Evaluation and Supervision (OVE) in its Evaluation of Environmental and Social Safeguards, the IDB Executive Board approved, on July 2, 2019, the launch of the process to “modernize” its policies environmental and social, which seek to ensure that potentially negative environmental and social impacts are properly evaluated, managed and mitigated in IDB operations. According to the IDB itself: “there is a need to update and integrate a policy framework for environmental and social risk management, so it seeks to develop an integrated Social Environmental Policy Framework, aligned with international standards and best practices.” In this way, the IDB follows the steps recently taken by other Multilateral Development Banks, such as the World Bank.

On the other hand, the IDB Invest (formerly Inter-American Investment Corporation -CII-), the IDB’s private arm, began updating its Environmental and Social Sustainability Policy last June. According to the Bank, the purpose of the review is to establish “a single framework of standards that customers must meet instead of using multiple third-party standards. The update process includes a review of current trends and best practices related to environmental and social sustainability, including those designed by other international financial institutions (IFIs) operating in the private sector. ” In practice, following OVE recommendations, the IDB Invest seeks that borrowers adhere to the IFC Performance Standards, which are widely recognized and already applied by IDB Invest borrowers, and references to other standards removed. from third parties.

What does the review include?

In the case of the IDB, the review includes the five independent policies that make up the environmental and social safeguards:

  • Environment and Safeguards Compliance Policy (OP-703) of 2006
  • Policy on Disaster Risk Management (OP-704) of 2007
  • Involuntary Resettlement Policy (OP-710) of 1998
  • Gender Equality in Development Policy (OP-761) of 2010
  • Indigenous Peoples Policy (OP-765) of 2006

So far, the IDB has prepared a Policy Profile on the Modernization of Environmental and Social Policies.

In the case of IDB Invest, the review is only of its:

  • Environmental and Social Sustainability Policy, effective since 2013.

And a Draft of the new Policy has been published, which is under public consultation.

When are the consultations carried out?
In the case of the IDB, on July 2, 2019, the Executive Board approved the launch of the modernization process and subsequently published the Policy Profile. The draft policy framework is expected to be submitted to the Executive Board at the end of October 2019 for public consultation. The stage of preparation for the modernization process would culminate in the development of the Environmental and Social Policy Framework (MPAS) in September 2020. The MPAS would be implemented as of 2021.

As for the IDB Invest, a Consultation Plan has been published with the basic information about the process, which basically consists of:

1. Making the Policy Draft available to the public.

2. Digital and face-to-face public consultations open for 120 days (as of June 17, 2019).

3. Consultations in person at:

  • Colombia (September 4),
  • Argentina (September 4),
  • Jamaica (September 6),
  • Panama (September 6) and
  • Washington, D.C. (September, 10th)

4. Virtual consultation session at:

  • Spanish (September 12),
  • English (September 12),
  • Portuguese (September 13).

5. Making the comments received and attended available to the public.

After conducting the public consultation, the IDB Invest will submit to the Executive Board the final draft of the Policy for final approval, after which a plan for its implementation will be established and executed.

Why is it important to participate?

For several reasons, it is necessary that civil society, citizens and, above all, indigenous communities and communities affected or potentially affected by IDB or IDB Invest operations actively participate in this process, contributing their experience and its recommendations and suggestions regarding the environmental and social safeguards of the institutions.

First, because both the IDB and the IDB Invest are, today and despite the diversification of financial actors operating in the region, key actors in financing for development in Latin America and the Caribbean. According to the Bank itself: in 2018, with a historical amount of US $ 17,000 million approvals, the IDB and the IDB Invest were consolidated as the main source of multilateral financing for Latin America and the Caribbean. The IDB approved a total of 96 sovereign guaranteed loan projects for a total financing of more than US $ 13.4 billion, and disbursed more than US $ 9.9 billion. In turn, 2018 was a record year for IDB Invest, with approvals of US $ 4,000 million, 26% more in volume and 21% more in number of transactions than the previous year. The IDB Invest extended its support to sectors such as infrastructure and Fintech, adding to education, tourism, water and sanitation, transport and energy. In the case of Argentina, the IDB has historically been the main multilateral partner for the country’s development, with an average of recent annual approvals of US $ 1,360 million. The current active portfolio with the public sector is 54 operations for an approved amount of US $ 9,206.4 million and an unpaid balance of US $ 3,874.7 million, according to the information provided by the Bank itself.

Second, because a robust and effective system of environmental and social safeguards is key to avoiding the impacts at the socio-environmental level that, in many cases, bring infrastructure projects financed by institutions such as the IDB or the IDB Invest. When the design, application or implementation of environmental and social safeguards fails in these types of projects, the impacts and consequences especially in the communities involved are often complex, and unfortunately in many cases, irreversible. Cases such as Camisea in Peru or Hidroituango in Colombia reflect the bitter consequences of the bad, or even the lack of application of socio-environmental safeguards in projects financed by the IDB Group

Third, because an active, informed, responsible and coordinated participation by the key members of civil society and the indigenous and affected communities of the region would contribute to the objective of avoiding a possible (and latent) dilution of the system of environmental and social safeguards from both the IDB and the IDB Invest. Recent experiences of dilution of environmental and social regulatory frameworks after review and “modernization” processes not only in related institutions such as the World Bank or the International Finance Corporation (IFC), but also in the national regulatory systems of the countries of The region clearly reflects a trend that the IDB Group seems not to want to escape.

How to participate?

Actors interested in participating in the review process of the IDB or IDB Invest safeguards can do so in different ways and through multiple channels:

For the IDB review:
The Bank offers two ways to participate in the consultation process.

Initial consultation stage: before developing the new Framework for Environmental and Social Policies, the IDB held two face-to-face workshops in Washington, DC (August 8 and 12) to analyze the lessons learned from the implementation of environmental and social policies existing.

Consultations in person on the proposed new environmental and social policy framework (dates and places have not yet been disclosed): the IDB will hold consultative meetings in the countries of Latin America and the Caribbean, at the IDB headquarters in Washington, DC , and in other member countries.

Those who want to stay updated about the review process can register on this link provided by the Bank.

  • For the IDB Invest review:

IDB Invest also offers virtual and face-to-face instances to participate in the review process of its Environmental and Social Sustainability Policy.

Virtual or written comments can be sent to the SustainabilityPolicy@idbinvest.org email or through the mail addressed to: IDB Invest: Environmental and social sustainability policy. 1350 New York Avenue, NW. Washington, D.C., 20577. USA.

To participate in face-to-face consultations in some of the indicated countries, it is possible to register at the following link provided by the Bank.

In Argentina: The face-to-face consultation in Argentina on the proposal of the Environmental and Social Sustainability Policy of the IDB Invest will be held next Wednesday, September 4 from 09:00 am to 11:00 am at the IDB headquarters in Argentina, located in Calle Esmeralda 130, 11th floor, Buenos Aires.

In addition: those interested in knowing more about how to participate effectively in the consultations, can register to participate in the webinar “Review of IDB Invest safeguards, how to participate effectively?” Organized by DAR, Environment and Society and the Bank Information Center (BIC) by entering this link.

Fundeps, together with a group of organizations in the region, is coordinating actions to promote broad, inclusive and effective participation of civil society and indigenous peoples and affected communities in both the IDB and IDB Invest review process; and to try to strengthen and avoid a weakening of environmental and social safeguards. If you are interested in getting involved in this process, you can contact gon.roza@fundeps.org.

More information

Contact

Gonzalo Roza, gon.roza@fundeps.org

On August 10, IDB Invest carried out in Buenos Aires a public face-to-face consultation on the draft for its new Access to Public Information policy. This event is part of the virtual consultation currently open that BID Invest began in May of this year. The day was carried out in order to receive comments from civil society organizations.

“Below, we offer a google translate version of the original article in Spanish. This translation may not be accurate but serves as a general presentation of the article. For more accurate information, please switch to the Spanish version of the website. In addition, feel free to directly contact in English the person mentioned at the bottom of this article with regards to this topic”.

In May of this year, IDB Invest, the private investment arm of the IDB Group, opened an instance of public consultation to evaluate the draft document of what will be its new Access to Information Policy. In this framework, the institution decided to hold some face-to-face meetings to receive comments and to hear the opinion of civil society organizations.

On August 10, BID Invest called a face-to-face consultation in Argentina, in the Autonomous City of Buenos Aires; and FUNDEPS participated. The day lasted a couple of hours and the central axes of discussion rested on: the information to be published before the approval of a project, the information to be published during the execution of a project and the list of exceptions to the policy. From the institution, the comments made were received and it was made explicit that after the consultation process was finished, a new document would be created taking into account both the virtual consultation and the face-to-face instance. Likewise, it was pointed out that if any of the comments are not incorporated, the reason for said decision will be justified.

Regarding the call to this meeting, there are some doubts about the selection process of the organizations that were invited. 12 organizations participated and FUNDEPS was the only one from the interior of the country. In this line, the low call makes us think that the information was not circulated with the necessary precedence and it was not foreseen that several organizations and communities could not attend being that they are very far from Buenos Aires.

From FUNDEPS we recognize in a positive way the implementation of face-to-face instances for the consultation. This allows us to clarify doubts and comments about the draft in real time, while at the same time it allowed us to know the intention of the institution when it comes to re-thinking its policy. In this regard, BID Invest explained that considering the relevance of the private investment portfolio of the IDB Group, it was necessary to modernize the Access to Information policy.

In general terms the draft in question has advanced positively on the previous policy. It has improved in key instances but there are still elements to polish. Special emphasis was placed on them by civil society and comments are expected to be incorporated. In addition to the suggestions and comments we made in the framework of the face-to-face consultation, from FUNDEPS, and together with other organizations in the country and the region, we will be sending a document with written comments to contribute to the process of reviewing the Policy.

More information:

Actual Política de Disponibilidad de Información (vigente desde el 2005)

Contact:

Gonzalo Roza – gon.roza@fundeps.org

Agustina Palencia – agustinapalencia@fundeps.org