North American Development Bank

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North American Development Bank

Also called the NADB. A binational organization between the United States and Mexico that provides financing for projects intended to improve the environment along the border between the two countries. Specifically, it finances projects certified by the Border Environment Cooperation Commission as being environmentally sustainable. The NADB was established in 1994 as a side agreement along with NAFTA. Its headquarters are in San Antonio, Texas.
References in periodicals archive ?
The 2011 NADbank Study includes national readership data from 2011 in 48 readership markets.
NADbank was created to be a self-sustaining entity--borrowers have to meet the same standards for creditworthiness as those of any commercial bank.
BEP has also warned that NADBank would be reluctant to invest resources in projects that may be canceled because of public discontent (5).
The NADBank was created as a vehicle to finance environmental infrastructure projects certified by the BECC, the U.
According to NADbank, The Globe and Mail's weekday newspaper readership is up 5 per cent year-over-year to 992,000, including a 24 per cent increase to become the fastest-growing paid daily in Vancouver.
Once such rhetorical flourishes are peeled away it becomes obvious that Fox and Company want to use the NADBank as a U.
Environmental Protection Agency (EPA) and NADBank is also
The ESA established the Commission for Environmental Cooperation (CEC)(39) and the BECA established the NADBank and the BECC.
To address these obstacles, the NADBank - in coordination with the BECC and responsible U.
But in the 18 months since NADBank has been able to loan money, no projects have been approved.
After BECC approves a project, it typically proceeds to NADBank for a funding evaluation, though not all BECC projects seek NADBank funds.
The former institution was created to fund "environmental investments," while the latter will evaluate and certify projects submitted to NADBank for funding.