BlueTech for Waste: Innovation ChallengeAccelerating the sustainable management of chemicals and waste with innovative technologies in the Caribbean

**CLICK HERE TO VIEW THE INFORMATION SESSION OF APRIL 21ST **

MAY 21st 2022 DEADLINE

The Inter-American Development Bank (IDB), through its innovation laboratory, IDB Lab, and in partnership with the Global Environment Facility (GEF)1 seeks to support innovative solutions that contribute to the sound management of hazardous Chemicals and Waste (C&W) to protect human health and the environment, and address climate vulnerability in the Caribbean region.

THE PROPOSED SOLUTIONS MUST:

  • Be innovative in nature and present a business model that has not been implemented before in the country or that adds an innovation component to an existing model.
  • Focus on reducing environmental pollution and climate vulnerability, thus, contributing to at least one of the following indicators:
    1. reduction, disposal/destruction, phase out, elimination and avoidance of chemicals of global concern and their waste in the environment and in processes, materials and products (metric tons of toxic chemicals reduced)
    2. reduction, avoidance of emissions of Persistent Organic Pollutants (POPs) to air from point and non-point sources
    3. reduction of marine litter.
  • Promote the social and economic inclusion of poor and vulnerable population; and
  • Contemplate a path for scalability or replication, as well as financial sustainability.

Coming out of the COVID-19 Pandemic

Doing business with the International Financial Institutions (IFI’s) / Multilateral Development Banks (MDB’s)

After a bit of a break we are excited to share this latest Newsletter with you and reintroduce image8326522ourselves!

We hope all of you got through the COVID-19 pandemic safely and well. Although, life is getting back to (the new) normal, travel is still somewhat difficult and many offices are not fully open yet.

The World Bank Group Headquarters is currently at 50% capacity and slowly opening up to visitors again, the recent Spring Meetings were still held in a hybrid format. Nonetheless, business must go on albeit via email/Zoom/Teams etc.

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Staying the course for women’s economic empowerment in MENA

Our oceans are experiencing a range of problems caused by climate change and human20140128_indonesia_pamsimas_fishermen activity: rising temperatures, acidification, sea-level rise, habitat destruction, overfishing, marine pollution, and the introduction of invasive species.  These impacts are damaging ocean health and threatening the livelihoods of billions of people. They also point to a critical lack of governance globally of this precious resource.

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The Digital Revolution: Fostering Inclusion and Resilient Growth

As developing countries struggle to recover from the COVID-19 pandemic, digital solutions are enabling economic transformation and putting them on a path toward green, resilient, and inclusive growth. Private and public investment in digital solutions is bringing critical services to the poorest, creating jobs, strengthening small and medium businesses, enabling trade and services, and building resilience to shocks. At the same time, more than half the developing world remains digitally unconnected, and risks around privacy and cybersecurity are growing worldwide. 

The discussion about the digital revolution highlighted innovative ways countries are using digital technologies.  From digital financial services, to remote schooling, to more inclusive government services, digital solutions are accelerating more equitable and resilient growth. We heard from public and private sector leaders from around the globe about how safe and effective digital technology has become essential to development in the digital age.

World Bank Group Trust Funds and other Financial Instruments

In fiscal year 2021 The World Bank Group (WBG) disbursed about $3.6 billion dollars ofdownloadTrust Fund contributions through development partners, IBRD, IDA and the IFC. Trust fund resources complement World Bank operations, expanding their scope and reach and supporting their quality. They promote increased development effectiveness and enable the World Bank to provide assistance when its ability to lend is limited, including in fragile and emergency situations, and for countries in arrears and to non-member countries. Trust Funds also contribute to the World Bank’s knowledge agenda by financing close to two-thirds of its advisory services and analytics products as well as technical advisory services for clients. Trust Funds attract new sources of finance and promote innovative financial solutions in support of the global public goods agenda, including combating climate change and addressing the challenges of fragility, conflict, violence, forced displacement and pandemics.

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Introducing: Team International Organizations (RVO)

Every year, international organizations spend billions of euros on projects in developing countries and emerging markets. This results in tenders and assignments that could be interesting for the Dutch private sector. Team International Organizations (TIO) of the Netherlands Enterprise Agency (RVO) supports Dutch companies whom are interested in knowing more about doing business with the IFIs. TIO is focused solely on organizations the Netherlands is a shareholder or member of: Asian Development Bank, African Development Band, Asian Infrastructure Investment Bank, European Bank for Reconstruction and Development, European Union, European Investment Bank, Inter-American Development Bank, United Nations, and World Bank Group.

TIO functions as the first point of contact for Dutch companies. We can put you in contact with the IFIs, give information on how the different international organizations function, on how to be effective at doing business with these organizations, and the opportunities that could be relevant for your company. Other services that are provided are seminars, webinars, trade missions, individual and group tracks.

Discover what RVO/TIO can do for you: video.

Through TIO companies have access to a broad network of contacts and organizations. On a daily basis, we work together with the PSLO liaison network of the World Bank Group, The Netherlands Embassy in Washington D.C. liaison officers Esther Smith and Vincent Kooijman as well as the different Ministries and Dutch embassies worldwide.

Meet the World Bank Group team of TIO:

Interested in TIO’s work? Contact us for more information via tio@rvo.nl.

Risk insurance builds climate and disaster resilience in Central America and the Caribbean

With co-financing from a World Bank administered multi-donor trust fund (MDTF), the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company (CCRIF SPC) offers sovereign insurance for earthquakes, tropical cyclones, and excess rainfall to Caribbean and Central American countries. Currently, 19 countries in the Caribbean and 3 in Central America have memberships that through the years translated into 54 payouts totaling $245 million benefiting over 3.5 million people.

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Tools for Success

The handbook, “Zakendoen met de Wereldbank Groep” created by The Netherlands World Bank building Embassy in Washington, D.C. provides interested Dutch companies and organizations with a basic introduction to the World Bank Group. Besides the handbook we also created fact sheets which include information on project cycles as well as bank jargon which will be good to know when working with the World Bank Group.

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Staying the course for women’s economic empowerment in MENA

The war in Ukraine could not have come at a worse time, eroding global economicshutterstock_bbstudiophoto_-_women_engineer prospects as much of the world struggles to emerge from the COVID-19 pandemic. Among the immediate impacts of the war has been the surge in commodity prices, raising concerns over food and energy security. Wheat prices have gone up by around 30%, hurting people in the Middle East and North Africa (MENA) region who live in countries that rely on imports from Ukraine or Russia. 

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Tackling Gender-Based Violence in Sint Maarten

Money from Sint MaartenTrust Fund used to protect survivors, increase advocacy, and buildgbv-in-sxm-blog capacity.

Nearly one in three women worldwide have experienced physical and/or sexual violence by an intimate partner in their lifetime. Alarmingly, the scourge of gender-based violence worsened since the COVID-19 pandemic started, as stay-at-home orders and government lockdowns forced women to stay home with their aggressors. Even after quarantine measures were loosened, heightened emotional and mental stress alongside financial insecurity and unemployment were identified as potential drivers of increased abuse. In the Caribbean region, advocates in Sint Maarten are working to support survivors and mitigate this violence within the country.

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