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foe brazil campaigner Elisangela Paim reports from the annual meeting of the inter-american development bank

The Inter-American Development Bank is the principal source of multilateral financing for economic, social and institutional development projects in Latin America and the Caribbean .

This year its annual meeting is took place in Lima between March 29th to 31st. Calendar of events around IDB 2004 annual meeting. background information about idb

commitments and contradictions

Lima March 27 2004

We started Saturday with a meeting of NGOs during which we selected speakers for the meetings with the executive directors of the IDB to discuss the environmental and indigenous peoples policies, Camisea and water privatisation. Four meetings with representatives of the Dominican Republic, Canada and the US have already been confirmed, while we are waiting to confirm meetings with Paraguay/Bolivia/Uruguay and Norway .

We also discussed, although quickly, a letter to the Board of the IDB. The draft letter discusses the IDB's lack of policies and environmental safeguards. The current Bank policy dates back to 1979, and is the least rigorous of all the international financial institutions. The letter was the fruit of a group process and is really very good.

Representatives from FoEI met with Ricardo Santiago, director of the IDB's regional operations in Southern South America. We discussed the regional integration scheme for South America, the Pantanal Program , Prodetur Sur a program financed by the IDB to develop tourism in the South of Brazil, and the Parana-Paraguay waterway .

It was a good meeting, partly because of the commitment by Ricardo Santiago to communicate to other officials that the IDB has a responsibility to follow up with civil society. That will provide us with a chance to discuss this initiative for physical integration in South America, and present alternatives. The IDB committed to update the web pages on regional integration scheme for South America with information on the various axes, and the projects that could be financed. But we remain concerned about the banks' conduct in relation to the initiative.

In one of the seminars, the integration initiative was presented in a contradictory way in presentations by the banks (IDB, Andean Development Corporation ,and the brazilian development bank ) compared with the presentations of IDB representatives in earlier meetings with NGOs. The IDB stated that regional integration scheme for South America is only a plan, and that no related projects are in execution yet. At the same time, the Andean Development Corporation bank, which is one of the promotors of regional integration scheme for South America, commented that about 300 project proposals are being studied and that some are already under construction.

read the diary from:
monday march 29
friday march 26
thursday march 25

Read more about the Inter-american Development Bank:

CENSAT Agua Viva- FoE Colombia: www.censat.org (in spanish)
Rios Vivos Coalition: www.riosvivos.org.br (english, spanish and portuguese)
Bank Information Center, United States: www.bicusa.org
ACERCA on Plan Puebla Panama: www.asej.org
IDB website: www.iadb.org (english and spanish)

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