QUARTERLY NEWSLETTER                                                  October 16, 2013 - Volume 6, Issue 1
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The Government of Switzerland contributes to the sustainable future of cities USD $6.1 million

The Inter-American Development Bank welcomes a new partner to the Emerging and Sustainable Cities Initiative (ESCI). The Government of Switzerland, through its State Secretariat for Economic Affairs (SECO), has approved the contribution of 4.2 million Swiss Francs, roughly USD $6.1 million, to IDB’s Sustainable Emerging Cities Multi-donors Trust Fund. The Swiss Government contribution will also finance the Swiss Federal Institute of Technology’s—ETH Zurich—support to the initiative through the collaboration of its faculty and graduate students.

FEMSA Foundation, The Nature Conservancy, GEF and the IDB launch a new water fund

On September 18 the Partners of the Latin American Alliance of Water Funds: FEMSA Foundation, TNC, GEF and the IDB launched the Monterrey Metropolitan Water Fund (FAMM). The Fund will invest in reforestation, soil restoration, and other conservation activities in the San Juan River Watershed, in the North of Mexico. FAMM will not only help prevent floods and protect the water supply for more than 4 million people in Monterrey area, but will also protect the habitat for a rich array of biodiversity. With the Alliance’s support, 32 cities now have or are implementing Water Funds with an aim to protect the natural systems that produce and filter water for 50 million people in Latin America. Read more.

EKOCENTER
New EKOCENTERS alliance between The Coca-Cola Company, DEKA and IDB  
 
"Mobilizing for Impact” was the theme of this year’s Clinton Global Initiative (CGI) Annual Meeting, which took place on September 23-26 in New York City. The IDB participated actively with President Luis Alberto Moreno speaking in the Plenary Session on the importance of vital resources. The IDB and The Coca-Cola Company (TCCC) also announced their EKOCENTERS partnership— the EKOCENTERS are kiosks offering safe drinking water through DEKA’s Slingshot purification system and other services which improve the well-being of communities. In addition to supporting the kiosk placements in Latin America and the Caribbean, the IDB will continue to fund and implement the Slingshots project in the region. The initiative was recently launched in Paraguay, one of the three countries in which it will operate, alongside Mexico and Haiti, in 2014. Read more.
 
CIAT & IDB partner to guarantee Food Security in times of Climate Change

The “Climate Change Vulnerability in the Agricultural Sector” project—an effort to promote sustainable growth in LAC by the CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS) and the IDB—will contribute to a more thorough understanding of the effect of climate change on production and productivity of key crops in the entire LAC region, from Tijuana to Tierra del Fuego, addressing climatic vulnerability on a larger scale. Read more.
 
The Nordic Development Fund powers the IDEAS Energy Innovation Contest

The Nordic Development Fund (NDF) will co-finance the 2013 IDEAS Energy Innovation Contest that seeks to improve energy efficiency and expand access to renewable energy in Latin America and the Caribbean. The grant agreement that will provide EUR 200,000 to the 2013 IDEAS contest was signed by IDB Manager of the Office of Outreach and Partnerships Bernardo Guillamon, NDF Managing Director Pasi Hellman and NDF Deputy Director Leena Klossner. For its 4th edition this year, also sponsored by GDF Suez, IDEAS received 565 eligible proposals, which are now under revision. The winners will be announced this November, receiving grants of up to US$100,000. Read more.
 
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FIA & the IDB renew their commitment with road safety

IDB President Luis Alberto Moreno renewed the IDB’s commitments to road safety and announced that topic will be given priority treatment in all Bank-financed transportation projects. During the forum “Toward Safe Road Behavior” co-organized with FIA in Buenos Aires, Moreno also announced a two-year extension of IDB financial support for Latin NCAP.  In July, Latin NCAP granted its first five-star rating on car safety to top-selling cars in the Latin America and the Caribbean. Read more: English | Spanish.
 
La Caixa and the IDB’s Multilateral Investment Fund (MIF) work together in Ecuador to support cacao and dairy producers

The MIF and its partner Fundación la Caixa will join efforts to support Ecuadorian producers within the framework of MIF's Social Entrepreneurship Program (SEP) through two projects. The first project will equip small cacao producers of the coast with the necessary tools to insert their organic fine cacao products into the market. The second project will help dairy producers from the Pichincha Province to improve their productivity and the quality of their products. Read more.
      
In El Salvador, SABMiller, Banco Agrícola and the IDB join forces to facilitate small retailers’ access to financing

Within the framework of SABMiller’s “4e, Camino al Progreso” regional effort, this strategic alliance will invest US$6.3 million in training, technical assistance and credits for small retailers who complete the program. The objective is to benefit up to 3,000 “tenderos” by 2018, thus enhancing the livelihood of this sector. Read more: 1 | 2  
 
Citi Foundation and the IDB pioneer a Micro Franchise Model to empower low-income populations

In partnership with Citi Foundation, the IDB’s Multilateral Investment Fund recently launched SCALA, a program that aims to strengthen the income levels of populations at risk through the financing of projects based on a micro franchise model, which integrates micro entrepreneurs in distribution channels of businesses interested in commercializing their products/services in these communities.
 
Sinosure-MOUJoint pledge: SINOSURE and IDB will increase co-financing opportunities

On September 9, the IDB President Luis Alberto Moreno signed an MoU with China Export & Credit Insurance Corporation (SINOSURE) to explore collaboration around financial products of mutual interest, as well as joint research projects on selected topics in LAC. SINOSURE is the major state-funded policy-oriented insurance company in China, offering coverage against political risks, commercial and credit risks. By partnering with SINOSURE, the IDB seeks to offer better guarantee products, improve the financial model of the projects that it finances, and increase the co-financing opportunities between the IDB and Chinese financial institutions.
 
UC Berkeley and the IDB working together to improve impact evaluation skills

The UC Berkeley – IDB Impact Evaluation Collaborative (BIC) seeks to empower policy makers in the region to improve development effectiveness by strengthening the evidence base in the sectors of infrastructure and environment. In July, the program took the IDB staff and external stakeholders from the region to UC Berkeley for an intensive two-week executive training program which will be followed by ongoing distance learning and mentoring project development over the course of twelve months. Read more.
 
Cornell University and Salud Mesoamérica 2015 make alliance to strengthen health care

Cornell University has joined the Network Collaboration of Salud Mesoamérica 2015 Initiative (SM2015). As from this semester, a group of five students is collaborating with SM2015 to support the data analysis of the results of the baseline surveys in one of the countries of the Initiative. The work of the students is part of their syllabus and will help identify opportunity areas to benefit the poorest 20% of the population. Additionally, while contributing through their knowledge, they will earn experience in a real development project. Read more.
 

The IDB joins Institut des Ameriques, EU-LAC Foundation, the Ministry of Foreign Affairs of France and Alstom to discuss infrastructure development and regional integration

Alejandro Alvarez von Gustedt,  IDB Representative in Europe, participated in the seminar “Infrastructure and Integration: euro-latin-american focus”, organized by the Institut des Ameriques (IdA) with the support of EU-LAC Foundation, the Ministry of Foreign Affairs of France and Alstom. The seminar aimed to bring together stakeholders from the academic, private and public sectors working on regional integration, infrastructure development and EU-LAC relations to discuss, among other things, the role of integration and infrastructure investment within the perspective of sustainable development.

The IDB encourages micro, small, and medium enterprises to do their part in boosting job creation

The 16th edition of the Inter-American Forum on Microenterprise (Foromic), the region’s top event for supporting and financing the sector in Latin America and the Caribbean, took place on Sept. 30-Oct. 2 in Guadalajara, Mexico. 1,800 participants from 50 countries gathered to discuss “The productivity challenge: financing dynamic entrepreneurship”. Mexican President Peña Nieto and IDB President Moreno opened the event. Read more.

Instituto de Crédito Oficial (ICO) and IDB join forces to promote Small and Medium Enterprises’ internationalization 
254-MOU-ICO-BID 7IDB President Luis Alberto Moreno and ICO President Román Escolano signed on October 11 an agreement to collaborate in the promotion of programs and projects that foster the internationalization of Latin American and Caribbean (LAC) small and medium enterprises (SMEs), as well as investments from Spanish SMEs in the LAC region. Read more.
Youth first
 254-IDB-OIJIn partnership with the Korean Fund, the IDB supported the International Youth Organization’s first youth survey, which reflects the opinions of more than 20,000 Ibero-American youth in 20 countries in regards to education, security, institutions, drugs, and family, among other topics. The IDB President Moreno joined Felipe, the Prince of Asturias, and the Ibero-American Secretary Enrique V. Iglesias in the launching of the survey in Madrid. Read more.
 
The IDB and Australian stakeholders shake hands at the Latin America Australia Investors Forum (LAAIF)

On July 16 & 17 in Sydney, the Latin America Australia Investors Forum participants, representing both the private and public sectors, addressed the rapidly evolving state of the Latin America-Australia relationship. The IDB participated in several sessions, including the opening plenary session “Australia & Latin America, Opportunity & Partnership”, exploring potential opportunities to increase business, investment, and trade. Read more.

G8 Summit: IDB signs letter of support to promote impact investing
 
The Global Impact Investing Network (GIIN), the Omidyar Network, and Sir Ronald Cohen, Chairman at Big Society Capital, drafted a letter, signed also by the IDB, to support the potential of impact investing to unlock new capital sources that can complement existing philanthropic and government funding, as well as catalyze innovations that help unravel some of society’s most pressing issues. The IDB stands ready to support the task force appointed to carry forward the recommendations that emerge from this convening. Read more.
 
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October 21-22, Copenhagen, Denmark: 3GF Global Green Growth Forum
 
The 3rd Global Green Growth Forum (3GF) will take place on October 21-22, 2013 in Copenhagen. The forum will be hosted by the Danish Government in partnership with the governments of China, Kenya, Korea, Mexico and Qatar, and will emphasize on developing and launching new Public-Private Partnerships (PPPs) that effectively push forward green growth and/or bring to scale already existing PPPs. IDB experts will participate in several sessions throughout the two-day event, discussing topics like the future of energy in Latin America and the scalability of green investing.  

October 25, Miami, USA: The Latin Trade Symposium & BRAVO Business Awards
 
The Latin Trade Group, in partnership with the Inter-American Development Bank, presents the Latin Trade Symposium, which will take place October 25 in Miami. A preeminent forum for discussion & innovation, the Latin Trade Symposium hosts over 400 top CEOs, heads of state, and high level decision makers, offering participants valuable access and opportunities to forge relationships, share insights, and discuss key issues facing the region. Register now.

October 28: Changing the role of business in development 
 
Nestlé and the IDB are co-hosting the 5th Creating Shared Value Forum on Monday 28th October. Over 20 leading international and Latin American experts from government, academia, civil society and business will take part to discuss how to together accelerate sustainable development in topics such as over- and under-nutrition and the connection between water, the environment and food security. The event is by invitation only and will be livestreamed. Read more.

November 7-8, Tokyo, Japan: Japan-LAC Business Forum

In collaboration with the Japanese government and related agencies, the IDB is organizing the Japan-LAC Business Forum to take place in Tokyo, Japan, next November 7- 8.  The first day, by invitation only, will have participants from Trade Promotion Organizations and small and medium enterprises make site visits to selected high quality Japanese industries in areas such as food services, energy-saving, and disaster prevention. The second day, an open forum, will feature the presence of IDB President Moreno, as well as other important thinkers and distinguished representatives of Japan and LAC’s public and private sectors.  The topics at the open Forum are “Shaping the future between LAC and Japan”, “A new emerging transpacific trade and investment architecture”, “Connecting Asia and LAC: Partnership in Infrastructure, Energy, and Telecommunications”, “Smart and Green Cities: Growth and Prosperity Drivers”.

November 14-15, Cali, Colombia: The civil society discussion platform

The XIII IDB Civil Society Meeting will be held in Cali, Colombia on November 14-15. This event gives civil society organizations (CSOs) from Latin America and the Caribbean a platform for an open and constructive dialogue to address issues of common interest with IDB officials, scholars, and leaders from the organizations themselves. The agenda, designed in collaboration with the Civil Society Consulting Groups, reflects the diversity of interests of CSOs and will give them the opportunity to exchange experiences and learn best practices and methodologies in the areas of inclusion, strengthening of the civil society, transparency, education, technology, and public safety, among others. You can register here.

November 21-22, Washington DC, USA: The role of innovation in development
 
"Demand Solutions: Ideas for Improving Quality of Life" is a two-day event hosted by USAID, the Blum Centers at UC Berkeley and UCLA and the IDB that will feature some of the most creative minds in the world discussing and sharing innovative solutions for addressing development issues in Latin America and the Caribbean. On November 21st, by invitation only, top-level decision makers will discuss the latest trends on entrepreneurship, open knowledge, health, and public-private partnerships, among others. On November 22, open to the public, attendees will have the opportunity to hear from and meet the innovators as well as interact with some of the solutions. The event will take place at the IDB HQ in Washington, D.C. Watch video.

November 26-27, San José, Costa Rica: VII China-LAC Summit 

The VII China-LAC Summit will take place November 26 & 27 in San José, Costa Rica, and will host more than 800 participants coming from the public and private sectors, including international organizations and universities. The event, organized by the IDB in collaboration with Ministry of Foreign Trade of Costa Rica, the Foreign Trade Promoter of Costa Rica (PROCOMER), the Costa Rican Coalition of Development Initiatives (CINDE) and the China Council for the Promotion of International Trade (CCPIT) will aim to promote and strengthen trade and investment opportunities between China and Latin America and the Caribbean.




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