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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).

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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

slide2

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

slide3

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
  • (continued…)

JSWG – Implementation of the Mandates of the IV Summit of the Americas

slide4

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

slide5

Inter-American Development Bank

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

slide6

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

slide7

Inter-American Development Bank

Micro-, Small- and Medium-Sized 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

slide8

Inter-American Development Bank

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 sub-
  • national 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,
  • 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

slide9

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

slide10

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 Vice-
  • Presidency for Private Sector and Non-Sovereign Guaranteed Operations (VPSP)

JSWG – Implementation of the Mandates of the IV Summit of the Americas