Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Haiti
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Inter-American Development Bank (IADB)
Status: Preparation
Bank Risk Rating: B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower or Client: Haiti
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Education and Health
Investment Type(s): Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 28.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 38.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ IADB website
Updated in EWS: 2017-06-22
Disclosure Date: 2016-05-20
Support to the Education Reform
IADB-HA-L1102

Project Description
The objective of the operation is to support the creation of a publicly funded quality education system that provides access to free basic education to all children in Haiti. The project aims to improve access to quality preschool and primary education. The specific objectives of the project are to: (i) ensure access to quality education for the poor; (ii) improve learning conditions in selected public and private primary schools; (iii) strengthen governance, regulation and planning of the education sector. The interventions will be focused in the North of Haiti. The program’s net social impact is expected by the IADB to be positive, as communities will benefit from increased access to quality education. The focus of the program, and the majority of the financing (65%), is on strengthening the capacity of the Government of Haiti to ensure access to quality preschool and primary education for the most vulnerable children. However, approximately 15% of the program will partially finance the construction of a new MENFP building in Port-au-Prince. Therefore, according to the Bank’s safeguard screening process the Project is classified as a “B”, given that the potential negative environmental, social and health and safety impacts of the construction of the building are expected to be of small to moderate magnitude, highly localized, and typical of small to medium scale construction works.
Investment Description
The Estimated Total Cost of this project is 38 Million, of which an estimated 28 million will be financed through the IDB's Grant Facility and the rest through local financing and co-financing from Canada.
Contact Information
ACCOUNTABILITY MECHANISM OF IADB The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).
Bank Documents