Where the impacts of the investment may be experienced.
Location: Francisco Morazán, Cortés, Olancho, Atlántida
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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)
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.
Board Decision Date: 2016-10-19
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: Republic of Honduras
The holder of the loan, grant, or other investment.
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 20.00 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): $ 20.00 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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The general objective is to improve the living conditions of Honduran women aged 15 and older in terms of labor force participation, sexual and reproductive health, prevention of and response to violence against women, and prevention of adolescent pregnancy. The specific objectives for the target departments are to: (i) increase the percentage of women aged 15 and older who are participating in the labor force; (ii) reduce the maternal mortality rate and the breast cancer and cervical-uterine cancer mortality rates in women aged 15 and older; (iii) reduce the prevalence of violence (physical or sexual violence committed by a partner, as well as homicides) against women aged 15 and older; (iv) reduce the pregnancy rate among adolescents aged 15 to 19; and (v) expand the coverage of specialized and integrated services for women aged 15 and older by creating and/or strengthening Ciudad Mujer Centers in the departments of Francisco Morazán, Cortés, Olancho, and Atlántida.
In accordance with the Bank’s Environment and Safeguards Compliance Policy, this is classified as a category “B” operation because the potential negative impacts and social and environmental risks are localized and short-term and the mitigation measures are known and easily implemented. The most significant social and environmental risks are related to the operational phase, particularly increased demand for energy and drinking water; the quality of drinking water and sewerage systems; discharges of hospital effluents; generation of hospital solid waste; and occupational safety and health for Sexual and Reproductive Health Module employees, patients, and visitors. Social and environmental risks during construction have also been identified.
- Inter-American Development Bank (IADB)
The cost of the project is US$20 million in IADB financing, including US$12 million from the Bank’s Ordinary Capital and US$8 million from the Fund for Special Operations, with a disbursement period of five years.
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
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