IDB as a GEF Agency GEF EXPANDED CONSTITUENCY WORKSHOP Belize – March 1-3, 2011
2 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)
IDB-GEF Annual Portfolio Growth
4 Distribution by Focal Area
5 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)
6 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)
7 Project Cycle in the IDB Identification: PIF cleared by GEF Sec PIF 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
8 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: us at: or visit our web page:
THANK YOU!