1. 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

2. 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

3. 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

4. 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

5. 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

6. 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

7. 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

8. 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

9. 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

10. 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