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Contingent Loan for Natural Disaster Emergencies
The objective of this Contingent Credit Facility, ("the Facility"), is to provide member countries with liquid resources to cover urgent financing needs that arise immediately after a natural disaster of unexpected, sudden, and unusual proportions, until other sources of funding can be accessed.

Project Detail

Country

Dominican Republic

Project Number

DR-X1003

Approval Date

November 11, 2009

Project Status

Closed

Project Type

Container

Sector

ENERGY

Subsector

ENERGY INSTITUTIONAL STRENGTHENING AND CAPACITY BUILDING

Lending Instrument

-

Lending Instrument Code

-

Modality

Facility

Facility Type

CCF (Contingent Credit Financing for Natural Disasters)

Environmental Classification

-

Total Cost

USD 100,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 100,000,000.00

Financial Information

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8421
Acuerdo Suplementario - Préstamo Contingente para Emergencias por Desastres Naturales.pdf
Published Feb. 03, 2021
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https://www.iadb.org/document.cfm?id=EZSHARE-360037223-13
Presentación al Directorio FCC (Enero 2012) [36613690].ppt
Published Jan. 26, 2012
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https://www.iadb.org/document.cfm?id=EZSHARE-61866987-11
Préstamo Contingente para Emergencias por Desastres Naturales [35029025].PDF
Published Dec. 31, 1999
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https://www.iadb.org/document.cfm?id=EZSHARE-61866987-12
Contingent Loan for Natural Disaster Emergencies [35029028].PDF
Published Dec. 31, 1999
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Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-986135325-14
Lista de Redireccionamiento Automático [40371872].xlsx
Published Nov. 28, 2016
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https://www.iadb.org/document.cfm?id=EZSHARE-61866987-13
DR-X1003 - Solicitud de prórroga del período de desembolsos [39933172].PDF
Published Nov. 28, 2016
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Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-88383761-2
Préstamo contingente para emergencias por desastres naturales_ DR-X1003_ PP [2029037].PDF
Published Dec. 31, 1999
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Publications
Published 2022
Alcohol, Drug Use, and Road Traffic Injuries: A Multi-site Collaborative Study of Emergency Departments in the Dominican Republic and Peru
The objectives of this study are to report demographic and substanceuse characteristics and risk of road traffic injury from alcohol use, cannabis use, and combined use in a sample of emergency department patients from two countries in Latin America and the Caribbean: the Dominican Republic and Peru.
Blogs
Published 2019
What is the Contingent Credit Facility?
Hurricane Dorian’s impact on The Bahamas is a reminder that natural disasters can cause devastating loss of life and property, and impacted countries could have urgent financing needs for emergency response following a catastrophic event. The Inter-American Development Bank’s Contingent Credit Facility for Natural Disaster Emergencies (CCF) is designed to provide a financial safety net
Publications
Published 2021
Domestic Violence Reporting during the COVID-19 Pandemic: Evidence from Latin America
This article examines changes in the frequency and characteristics of domestic violence reports after the start of the pandemic and the imposition of mobility restrictions in six Latin American countries. The study uses three types of data sources: calls to domestic violence hotlines (for the City of Buenos Aires in Argentina, Colombia, and Peru); calls to emergency lines (for Ecuador, Lima in Peru, and Costa Rica); and police/legal complaints (for Colombia, Ecuador, and Uruguay). Data through June 2020 shows that the pandemic's impact on domestic violence reports varied significantly across countries, periods, types of violence, and reporting channels. Calls to domestic violence hotlines soared, but calls to emergency lines and police complaints fell (especially in the first weeks of the pandemic). Significantly distinct patterns are observed between reports of psychological and physical violence, and non-cohabitant and cohabitant violence. These patterns are consistent with the pandemic changing the relative incidence of different types of violence and altering the perceived costs of reporting them through alternative channels. Increases in calls to domestic violence hotlines suggest that this channel was best suited to respond to victims' needs during the pandemic. In turn, the drop in legal complaints and calls to comprehensive emergency lines are consistent with an increase in the perceived (relative) cost of using these channels. The findings reveal how the pandemic altered domestic violence victims' demand for institutional help and highlight the relevance of domestic violence hotlines as an accessible and valuable service.
Publications
Published 2021
Inter-American Development Bank Annual Business Review 2020
The 2020 Annual Business Review (ABR) provides an overview of the IDB's performance on sovereign-guaranteed outputs and lending program priorities. The ABR identifies trend deviations from IDB portfolio targets to support Bank managements efforts to identify and implement corrective measures. This edition compiles data for all quarters in 2020.
Publications
Published 2021
NDC Invest: Supporting Transformational Climate Policy and Finance
El Grupo Intergubernamental de Expertos sobre el Cambio Climático (IPCC por sus siglas en inglés) indica que para cumplir con el objetivo del Acuerdo de París de limitar el aumento de la temperatura global con respecto a los niveles preindustriales a entre 1,5 C y 2 C se requiere alcanzar cero emisiones netas de dióxido de carbono (CO2), así como profundas reducciones en las emisiones de otros gases de efecto invernadero (GEI) hacia mediados de siglo (IPCC 2018). Al mismo tiempo, los países deben construir resiliencia climática para hacer frente a los impactos inevitables. NDC Invest se creó como la ventanilla única del Grupo BID que proporciona apoyo técnico y financiero a los países de América Latina y el Caribe en sus esfuerzos por alcanzar los objetivos climáticos del Acuerdo de París, buscando la transición a cero emisiones netas de carbono y vías de desarrollo resilientes y sostenibles que mejoren la calidad de vida y la prosperidad en América Latina y el Caribe. Al aprender y comprender estos desafíos y al poner a prueba soluciones, hemos desarrollado una caja de herramientas de apoyo. Este documento describe los tres productos de NDC Invest a través de los cuales apoyamos a los gobiernos para encarar estos desafíos y ampliar acciones para afrontar el cambio climático y el desarrollo sostenible: i) el diseño de Estrategias a Largo Plazo (LTS por sus siglas en inglés) para cero emisiones netas y resiliencia climática; ii) diseño de Contribuciones Determinadas a Nivel Nacional (NDCs) ambiciosas, alineadas con las LTS; y iii) diseño de planes de inversión y estrategias financieras. Nuestros tres productos no son una receta fija, sino más bien una caja de herramientas para ofrecer soluciones flexibles y pertinentes adaptadas a las necesidades y el contexto de los países, y a las diferentes etapas de diseño e implementación de sus objetivos climáticos.
Publications
Published 2020
Lending Instruments Report
The 2019-2020 Work Program of the Office of Evaluation and Oversight (OVE) included an assessment of the financial instruments of the Inter-American Development Bank (IDB). The objective of this assessment was to evaluate the extent to which the IDBs set of financial (and non-financial) instruments has been aligned wit hand effective in responding to the (changing) needs of clients. This first report is a knowledge product focused on sovereign-guaranteed (SG) lending instruments and modalities that takes stock of the findings of previous evaluations carried out by OVE. The purpose of the report is threefold: to provide summary information, based on OVEs past work, mainly for new members of the IDBs Board of Directors; to serve as a technical input for Board and Management discussions; and to identify information and knowledge gaps to inform OVEs upcoming work on financial instruments.
Blogs
Published 2022
Give Credit Where It Is Due: Firm Financing in a Post-Pandemic Caribbean
Joint research from the IDB’s Caribbean Department, IDB Invest, and the Complete Caribbean Partnership uses enterprise survey data to highlight that firms from across the Caribbean face challenges when it comes to access to finance, particularly given the depth and development of credit and capital markets. Findings suggest that the most pressing barriers to finance
Courses
Published 2024
Análisis del Riesgo de Desastres y Cambio Climático en Proyectos de Infraestructura
El cambio climático es un hecho y afecta en muchos aspectos de nuestra vida. Cada vez las temperaturas son más extremas y los desastres naturales más recurrentes. No podemos evitar que ocurran las inundaciones, terremotos, tornados… Pero ¿qué podemos hacer para que los daños ocasionados tengan el menor impacto? ¿cómo podemos prevenir que las infraestructuras de nuestra ciudad sufran los mínimos daños y por tanto ponga en peligro a menos gente? o ¿qué tipo de análisis previos a un proyecto son necesarios para estar preparados para afrontar futuros fenómenos del cambio climático? Fortalece tus capacidades técnicas y toma decisiones, incorporando el análisis de riesgo de desastres naturales y resiliencia al cambio climático en el diseño de proyectos de infraestructura.
Publications
Published 2020
Social Protection and Informality in Latin America during the COVID-19 Pandemic
Latin American governments swiftly implemented income assistance programs to sustain families' livelihoods during COVID-19 stay-at-home orders. This paper analyzes the potential coverage and generosity of these measures and assesses the suitability of current safety nets to deal with unexpected negative income shocks in 10 Latin American countries. The expansion of pre-existing programs (most notably conditional cash transfers and non-contributory pensions) during the COVID-19 crisis was generally insufficient to compensate for the inability to work among the poorest segments of the population. When COVID-19 ad hoc programs are analyzed, the coverage and replacement rates of regular labor income among households in the first quintile of the country's labor income distribution increase substantially. Yet, these programs present substantial coverage challenges among families composed of fundamentally informal workers who are non-poor, but are at a high risk of poverty. These results highlight the limitations of the fragmented nature of social protection systems in the region.
Blogs
Published 2022
The Impact of War on External Financing in Latin America and the Caribbean
Since March of 2022, the war between Russia and Ukraine has significantly impacted the global economy, affecting recovery from the COVID-19 pandemic and reducing or halting growth in most of the world’s regions. By disrupting the supply of agricultural and energy commodities, it has also fuelled inflation, which was already running hot before the war
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