With the urge that building gender equality may convey, the social safeguard policies of the Inter-American Development Bank (IDB) encompass concrete actions to mitigate any negative impact that may result from our projects. Given that gender-based inequalities and violence are vast, we often ask ourselves, where to start? Projects bring benefits and, with them, social … [Read more...] about Gender-based violence: an overlooked risk in development projects
Environmental and Social Safeguards
How can we manage the social risks associated with the use of security personnel in projects?
The use of security personnel to protect the communities and assets related to a project is a common practice in Latin America and the Caribbean, a region where 43% of the population says they are constantly afraid of being victims of a crime. The decision to hire security personnel usually arises after assessing the risks that threaten human security and assets related to … [Read more...] about How can we manage the social risks associated with the use of security personnel in projects?
What does our new Environmental and Social Policy Framework entail for a project with Indigenous Peoples?
At the beginning of a project, we ask ourselves how it will improve the lives of beneficiaries. When these beneficiaries will be Indigenous Peoples, we also ask ourselves how development benefits and opportunities should be promoted in a culturally appropriate manner. This is precisely one of the objectives of the Environmental and Social Performance Standard on Indigenous … [Read more...] about What does our new Environmental and Social Policy Framework entail for a project with Indigenous Peoples?
Circular economy: now or never
If we continue to consume at the current rate, in a few years we will need resources equivalent to three planets to sustain us. How can we avoid this forecast? The crisis we are facing with the COVID-19 pandemic has revealed the vulnerability of the current economic system. Our recovery requires a drastic change in our production and consumption patterns for a circular model … [Read more...] about Circular economy: now or never
Three things you need to know about the IDB’s new Environmental and Social Policy Framework
Latin America and the Caribbean have made great progress in the sustainability agenda in the last twenty years. These advances include the adoption of the Equator Principles among leading financial institutions in the region, the adoption by borrowing countries of modern labor standards in cooperation with the International Labor Organization (ILO), and the Escazú Agreement, … [Read more...] about Three things you need to know about the IDB’s new Environmental and Social Policy Framework