Implementation%20of%20the%20Mandates%20of%20the%20IV%20Summit%20of%20the%20Americas

1
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
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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
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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 IDBs 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)

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Summit of the Americas
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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 IDBs 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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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 US10 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
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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 Banks
• 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
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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 US1.8 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 IDBs 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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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 IDBs 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

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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 US20 million
• catalyst for project preparation
• US2.344 billion in infrastructure projects and
  US1.5 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 US12 billion towards infrastructure
  programs during the next five years

JSWG Implementation of the Mandates of the IV
Summit of the Americas
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Inter-American Development Bank
Growth with Employment (Plan of Action Mandate
44 Private Sector Investment)

• Regional Initiatives
• IDB Group approved US1.384 billion in 2006 to
  non-sovereign clients, financing
• more than US5 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 IDBs lending limits per project
• Adoption of Local currency Framework
• Support to companies to restructure their debt
• Creation of the InfraFund
• Next Steps
• Strengthen IDBs 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