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IDB to host meeting on infrastructure, environment and poverty reduction

The Inter-American Development Bank will host at its Washington, D.C. headquarters November 19-21 the 12th meeting of the Poverty and Environment Partnership (PEP). The event’s theme will be “infrastructure, growth and poverty reduction: the role of ecosystems and natural resources."

The PEP is an informal network that promotes cooperation to increase the effectiveness of development finance in reducing poverty and benefiting the environment. More than 150 representatives from government agencies, multilateral institutions, non-governmental organizations and research centers will attend the event organized by the IDB’s Environmental Safeguards Unit.

Participants will discuss the use of innovative tools for establishing environmental sustainability as a priority in infrastructure development. Among other issues, they will analyze the role of strategic assessment tools, the implementation of mechanisms for payments for environmental services, private initiatives for the conservation and management of protected areas, and the reduction of carbon emissions through avoided deforestation.