North American Development Bank

North American Development Bank

The North American Development Bank (NADB) is a binational financial institution capitalized and governed equally by the United States of America and Mexico for the purpose of financing environmental projects certified by the Border Environment Cooperation Commission (BECC).

The two institutions work together with communities and project sponsors in both countries to develop and finance infrastructure necessary for a clean and healthy environment for border residents. Established in 1994 with headquarters in San Antonio, Texas, its mission is to serve as a binational partner and catalyst in communities along the U.S.-Mexico border in order to enhance the affordability, financing, long-term development and effective operation of infrastructure that promotes a clean, healthy environment for the citizens of the region.

The NADB provides financial assistance to public and private entities involved in developing environmental infrastructure projects in the border region. Potable water supply, wastewater treatment and municipal solid waste management form the core sectors of the Bank’s activities and are its primary focus. However, assistance can also be provided in other areas—such as air quality, clean energy and hazardous waste—where sponsors are able to demonstrate tangible health and/or environmental benefits for residents living in the area.

Created as interdependent institutions, NADB and BECC work as a team to develop integrated, sustainable and fiscally responsible projects with broad community support in a framework of close cooperation and coordination between Mexico and the United States. Within this partnership, BECC verifies the technical feasibility and environmental integrity of the projects seeking financing from the NADB, as well as ensures community support for the project. Consequently, every project must pass through a public participation and certification process performed by the BECC.

In its efforts to help border communities develop and finance affordable, self-sustaining environmental infrastructure projects with broad community support, NADB works with local governments and municipal utilities to increase their financing options by helping them implement sound financial and business practices that provide a basis for well-managed debt financing. As part of this strategy, NADB promotes a comprehensive, long-term approach to infrastructure planning and project finance, offering both loan and grant programs to address different needs.

External links


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • North American integration — refers to the process of economic and political integration in North America particularly integration of Canada, Mexico, and the United States. Contents 1 History 1.1 The North American Accord 1.2 Vicente Fox and NAFTA Plus …   Wikipedia

  • North Texas Food Bank — Founder(s) Liz Minyard, Kathryn Hall, Jo Curtis and Lorraine Griffin Kircher. Type Hunger Relief Founded 1982 Location …   Wikipedia

  • Inter-American Development Bank — ▪ international organization Spanish  Banco Interamericano de Desarrollo         international organization founded in 1959 by 20 governments in North and South America to finance economic and social development in the Western Hemisphere. The… …   Universalium

  • North American river otter — Conservation status Least Concern …   Wikipedia

  • North American Bancard — Type Private Industry Financial Services Founded 1992 Headquarters Troy, Michigan Owner(s) Marc Gardner Employees …   Wikipedia

  • Consortium for North American Higher Education Collaboration — Consortium pour la collaboration dans l enseignement supérieur en Amérique du Nord (French) …   Wikipedia

  • Inter-American Development Bank (IDB) — international organization founded in 1959 by 20 governments in North and South America to finance economic and social development in the Western Hemisphere. The largest charter subscribers were Argentina, Brazil, Mexico, Venezuela, and the U.S.… …   Universalium

  • North American B-25 Mitchell — B 25 redirects here. For British World War II era fighter plane, see Blackburn Roc. B 25 Mitchell …   Wikipedia

  • North American video game crash of 1983 — Part of a series on …   Wikipedia

  • North American Hockey League — see also North American Hockey League (1973–1977) North American Hockey League Sport Ice Hockey Founded 1975 Commissioner …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”