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 creation of binational institutions to solve environmental problems in the border area between Mexico and the Unites States, such as BECC and NADBank, represents and advance for handling shared natural resources, what implies action in which the region has the principal role in making decisions.
NADBank hasn't done much, but it did loan Matamoros $14 million for a new, 40-acre, state-of-the-art sanitary landfill.
According to the GAO, NADbank loan rates are beyond what many border communities can afford, especially in the colonias.
entities will have disproportionate influence over operations of supposedly bilateral groups such as BECC and NADBank.
Order-2 was selected because the NADbank survey cited above indicated that, on average, a customer visited 1.
Funding for the BECC will come from the NADBank, government grants, loans, guarantees and other financial institutions and private sources supplying investment capital for environmental infrastructure in the border region.
One possibility is to let NADBANK assume responsibility for the Mexico's external debt.
A Border Environmental Cooperation Commission will certify projects for NADBANK financing based on their technical and environmental merit.
Org, and for queries about nadbank news call jesse hereford, tel.
More than three-quarters of adults in Canada's biggest markets read a daily newspaper in any one week, according to the latest readership study from NADbank Inc.
Este es el caso, dice, del Nadbank, una institucion financiera con capital trilateral que cuenta con recursos por mas de 300 millones de dolares, de los que no se han ejercicio ni siquiera 50 millones de dolares.
La firma de los Acuerdos Paralelos de Medio Ambiente, la conformacion de la COCEF y el NADBANK y los lazos entre diversas ONG mexicanas y estadounidenses nos hablarian de un alto grado de compromiso y colaboracion entre gobiernos y sociedad civil para resolver los severos problemas ambientales que afectan a las comunidades locales en ambos lados de la frontera.