Annual Report on the Environment and Natural Resources 2002

(11/03, En, Es)


The year 2002 has been critical for the environment, both globally and within the Inter-American Development Bank (IDB) and its member countries. The World Summit on Sustainable Development (WSSD), held in Johannesburg ten years after the Rio Earth Summit, reinforced global commitment to implement development that is socially, eco-nomically, and environmentally sustainable.

Within the IDB, 2002 was a period of intense consultations, intellectual debates, and priority setting exercises associated with the preparation of the first Environment Strategy, which should lead, in 2003, to the drafting of a new Policy for the Environ-ment for the IDB. At the same time, the Bank continued its regular environmental work of designing, reviewing, and implementing environmental measures in operations throughout the institution, and furthering knowledge on the environment and its man-agement within member countries.

These have also been very challenging times for Latin America and the Carib-bean (LAC) as a whole, with some of the largest countries experiencing financial insta-bility, economic hardship, and social unrest, all of which has made more difficult for both the public and private sectors, to maintain energies focused on environmental is-sues.

The good news is that there is no obvious sign, at this stage, that governments in the region have sacrificed their environmental agenda in the face of financial difficulties, as shown by the diversified environmental portfolio of loans and technical cooperation that have been signed over the year with most countries of the region, as summarized in this 2002 Annual Report on the Environment and Natural Resources.

Last updated: 01/16/07