Second Party Opinion on IDB Invest's Sustainable Debt Framework
04
01
ORIGINATION
Project Evaluation And Selection Process
02
CLIENT ENGAGEMENT
03
APPROVAL
04
CLOSING & FIRST
DISBURSEMENT
OUR APPROACH TO SUSTAINABILITY
05
SUPERVISION &
RECOVERY
ESG AND DEVELOPMENT IMPACT DUE DILIGENCE EMBEDDED IN EVERY STEP OF THE PROJECT CYCLE*
Strategic selection
using the Selectivity Tool
Screening against
exclusion list
Request to the client to
commit to comply with
IDB Invest
Environmental and
Social policy and
practices
Obtain information about the
Client's assets and management of
E&S risks and impact;
Assign a project categorization
based on E&S risk;
Conduct a site visit to the project's
area of influence;
Assess the project against IDB Invest
Sustainability Policy requirements;
Prepare an Environmental and
Social Review Summary (ESRS)
and E&S Action Plan (ESAP);
Define impact indicators with
DELTA tool;
Public Disclosure: the Investment
Summary, ESRS and ESAP are
disclosed on our website prior to IDB
Invest Board approval.
The legal agreement
includes standard E&S
conditions, specific
ESAP requirements and
impact indicators tied
to milestones.
Prior to each
disbursement, IDB
Invest verifies E&S
conditions and ESAP
requirements for
compliance.
The IDB Invest portfolio
management and E&S
Teams supervise the
Client's compliance
with E&S requirements,
ESAP conditions and
track impact indicators
on a regular basis.
* IDB Invest performs ESG due diligence for all projects, including more than 80 new projects in 2021 alone
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