IDB as a GEF Agency GEF EXPANDED CONSTITUENCY WORKSHOP Belize – March 1-3, 2011.

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IDB IDB as a GEF Agency as a GEF Agency GEF EXPANDED CONSTITUENCY WORKSHOP GEF EXPANDED CONSTITUENCY WORKSHOP Belize – March 1-3, 2011 Belize – March 1-3, 2011

Transcript of IDB as a GEF Agency GEF EXPANDED CONSTITUENCY WORKSHOP Belize – March 1-3, 2011.

Page 1: IDB as a GEF Agency GEF EXPANDED CONSTITUENCY WORKSHOP Belize – March 1-3, 2011.

IDB IDB as a GEF Agencyas a GEF AgencyGEF EXPANDED CONSTITUENCY WORKSHOPGEF EXPANDED CONSTITUENCY WORKSHOP

Belize – March 1-3, 2011Belize – March 1-3, 2011

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IDB as GEF Agency IDB is a GEF Agency since 2004 IDB is developing / implementing GEF projects

in 20 countries within the LAC region 20 projects approved by IDB Board for a total

amount of US$ 75.1M (co-finance of US$ 555M)

10 projects in pipeline for a total amount of US$ 48.4M (proposed co-finanace of US$ 398.5M)

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IDB-GEF Annual Portfolio Growth

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Distribution by Focal Area

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IDB´s Comparative Advantage Mandate to work with the environment: cross-

cutting issue for development and poverty reduction

Capacity to work in the GEF Focal Areas: divisions of Natural Resources and Risk Management, Energy, CC, Water and Sanitation, Transportation, etc

Field presence in LAC: offices in all 26 countries in which it operates (BA, BH, JA, DR, HA, TT, BE, GY, SU)

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IDB-GEF Portfolio in the Caribbean Region 4 projects under execution for $5.94M of GEF

grant and $34.3M in co-finance Sustainable Land Management of Upper Watersheds in Haiti Implementing Sustainable Energy Projects in the Bahamas GEF Emergency Program for Solar Power Generation and

Lighting – Haiti Support to the Sustainable Energy Framework for Barbados

1project in pipeline for $16.7M of GEF grant and $251.1M in co-finance (Regional)

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Project Cycle in the IDB Identification:

PIF cleared by GEF SecPIF sent to ERM and approved by VPC / Country Representative

Project Preparation: POD sent to QRR and FSP/MSP Document sent to GEF for endorsement POD is approved by IDB Board

Project Approval: DGP approved by OPC GEF Grant approved by IDB Board

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IDB-GEF Coordination Team

Based in the IDB HQ in Washington DC Responsibilities include:

Development/Management of the IDB-GEF Portfolio

Promoting GEF within the IDB Provision of institutional/corporate responses to the

GEF For further information or questions: email us

at: [email protected] or visit our web page: www.iadb.org/gef