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In this issue of Connections, the recent creation of the U.S.-Mexico Bilateral Framework on Clean Energy and Climate Change announced by President Barak Obama and President Felipe Calderón of Mexico is
a promising opportunity for the North American Development Bank (NADB). As the only bilateral financial institution dedicated to developing environmental infrastructure in the U.S.-Mexico border region, NADB is looking to play a pivotal role in developing renewable energy and energy efficiency projects, a sector it has already been working in for some time.
In fact, NADB has already approved financing for its first two energy projects: a biodiesel production facility and a methane capture and power generation project for
a dairy farm. Additionally, NADB has provided technical assistance for feasibility and development studies in support of
potential energy projects at several points throughout the border region, an area with significant wind and solar energy potential.
INADB would also like to take this opportunity to announce the merger of its two technical assistance programs into a single program, which will serve to simplify the application process for project sponsors. The combined program will support studies related to the design and implementation of environmental infrastructure projects, as well as capacity-building measures aimed at achieving the effective and efficient operation of public services.
Finally, all grant funding available under the Water Conservation Investment Fund (WCIF) has been fully committed to support 23 projects in irrigation districts on both sides of the border. These projects are helping save more than 371,600 acre-feet of water a year.
In our ongoing efforts to improve the programs and services we provide, we welcome your feedback. Feel free to contact us anytime at
connections@nadb.org.
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NADB is a useful financial link in US-Mexico Bilateral Framework
As the only bilateral financial institution dedicated to developing environmental infrastructure in the U.S.-Mexico border region, NADB heralds the creation of the U.S.-Mexico Bilateral Framework on Clean Energy and Climate Change recently announced by U.S. President Barack Obama and Mexican President Felipe Calderón, which will focus on renewable energy and energy efficiency, and the mechanisms and capacity building needed to bring the “green” revolution and associated jobs to the U.S.-Mexico border region. NADB expects to play a role in realizing the vision of this new initiative.
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NADB merges its technical assistance programs
In order to streamline the application process and the administration of technical assistance for studies related to the design and implementation of environmental infrastructure projects, as well as for capacity-building measures aimed at achieving effective and efficient operation of public services, NADB has merged its two technical assistance programs into a single program.
[More]
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All US$80 million in WCIF grants
committed to 23 projects
With the recent signing of the US$989,832 grant for the replacement of the river pump station in Cameron County Irrigation District No. 6 in Texas, NADB has committed all of the funds allocated to the Water Conservation Investment Fund (WCIF) to support a total of 23 projects on both sides of the border.
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- NADB signs loan for construction of San Luis Rio Colorado International Crossing II
[More]
- NADB to provide financing for projects in Texas and Tamaulipas
[More]
- NADB signs loan for street paving project in Playas de Rosarito, Baja California
[More]
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NADB provides financing and technical assistance for the implementation of environmental projects along the U.S.-Mexico border. To date, NADB has contracted a total of US$916.7 million in loans and grants for 124 infrastructure projects. Of that amount, 85 percent has been disbursed. A breakdown of NADB financing activity by state is presented in the table below.
INFRASTRUCTURE FINANCING BY STATE
As of April 30, 2009
(Millions of dollars)
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State |
Population to Benefit |
Total Projects |
Total Project Cost |
Total Funding Approved |
Total Funding Contracted |
Total Funding Disbursed |
UNITED STATES |
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Arizona |
55,344 |
10 |
$140.40 |
$86.46 |
$86.46 |
$79.88 |
California |
1,260,078 |
11 |
$181.83 |
$46.61 |
$46.61 |
$44.18 |
New Mexico |
178,061 |
6 |
$54.03 |
$25.52 |
$25.52 |
$24.19 |
Texas |
406,031 |
39 |
$638.74 |
$222.26 |
$215.88 |
$167.09 |
U.S. Subtotal |
1,899,514 |
66 |
$1,015.00 |
$380.85 |
$374.47 |
$315.34 |
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MEXICO |
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Baja California |
2,840,000 |
13 |
$766.89 |
$170.02 |
$134.90 |
$129.30 |
Chihuahua |
1,483,650 |
15 |
$215.73 |
$72.26 |
$70.15 |
$67.51 |
Coahuila |
245,755 |
3 |
$156.60 |
$35.98 |
$35.98 |
$34.17 |
Nuevo León |
3,614,743 |
4 |
$67.53 |
$27.90 |
$27.90 |
$27.78 |
Sonora |
483,922 |
18 |
$136.25 |
$81.87 |
$81.06 |
$63.55 |
Tamaulipas |
1,440,386 |
10 |
$360.53 |
$192.23 |
$192.23 |
$138.76 |
Mexico Subtotal |
10,108,456 |
63 |
$1,703.53 |
$580.26 |
$542.22 |
$461.07 |
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TOTAL |
12,007,970 |
129 |
$2,718.53 |
$961.11 |
$916.69 |
$776.41 |
To view a status report on NADB-funded
infrastructure projects currently in progress,
click here
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NOGALES, AZ
Project:
Replacement of the International Outfall Interceptor, Upgrade of the Nogales International Wastewater Treatment Plant and Partial Replacement of the Wastewater Collection System
Sponsor:
City of Nogales, AZ
Cost: US$74,395,974
NADB Financing:
Border Environment Infrastructure Fund (BEIF):
Construction assistance grant:
US$59,064,955
Transition assistance grant: US$
440,000
Total:
US$59,504,955
Benefits: Binational solution to wastewater problems in Nogales, Arizona, and Nogales, Sonora. The Nogales International
Wastewater Treatment Plant (NIWTP) will accommodate the flows from Nogales and Rio Rico, AZ, as well as a portion of the flows from Nogales, Sonora. Improved treatment of the effluent will also help preserve an important riparian habitat and groundwater sources for users located downstream of the NIWTP.
Project status: A design-build contract for the wastewater treatment plant was awarded in December 2006. Construction began in March 2007 and is 99% complete.
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International Wastewater Treatment Plant
(Photo courtesy of
John S. Earl; Faithful & Gould)
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NUEVO LAREDO, TAMAULIPAS
Project:
Comprehensive Storm Sewer Project
Sponsor:
City of Nuevo Laredo
Cost: US$44 million
NADB Financing:
Loan Program:
Market-rate loan: US$22 million
Benefits: The Project will prevent recurrent flooding, thus protecting human health and safety by reducing the possibility of waterborne infections such as hepatitis and cholera, as well as improving road safety during storms. It will also significantly reduce storm water flows into the existing sanitary sewer system and wastewater treatment plants, thereby increasing their efficiency and effectiveness.
Project status: Construction of all six storm water collectors is underway.
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Construction of the Independencia storm sewer
(Photo courtesy of The City of Nuevo Laredo)
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In support of its infrastructure financing initiatives, the Bank also provides technical assistance for project development and capacity-building measures. To date, a total of US$23.8 million in grant funding, previously approved under the Institutional Development Cooperation Program (IDP) and the Project Development Program (PDP), have been committed to support 231 studies benefiting 119 border communities.
To
view a status report on all NADB technical assistance projects,
click
here.
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Did you know that the bank is now fully capitalized?
In May 2009 the governments of the United States and Mexico made their final payment of subscribed capital. Consequently, NADB’s paid-in capital now totals US$450 million, of which $405 million is allocated to the international environmental program and 45 million to a domestic program in each country.
The full capitalization of the Bank strengthens its ability to continue providing much needed support for the development and implementation of infrastructure projects in the U.S.-Mexico border region, which promote a healthier environment, and ultimately a better quality of life for residents of the region.
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© 2009 Copyright by the North American Development Bank
The North American Development Bank, created under the auspices of NAFTA, is an international financial institution established and capitalized in equal parts by the United States and Mexico for the purpose of financing environmental infrastructure projects along their common border. As a pioneer institution in its field, the Bank is working 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. |
