Project Detail |
To guide NADBank’s focus on fulfillment of its mission, the Board of Directors approved the
NADBank Strategic Plan for 2024–2028 (SP 24/28) that will foster the sustainable
development of environmental infrastructure and bolster resilient communities in the border
region. SP 24/28 addresses the need to develop infrastructure with a comprehensive
approach that considers well-managed and sustainable water resources, air quality and the
clean energy needed for economic development and a greener economy.
The SP 24/28 requires a significant volume of transactions per year in the water sector to
achieve the strategic objective of at least 30% of the development asset portfolio in the water
sector. Currently, NADBank is working to achieve this ambitious target by developing
opportunities for water and wastewater projects that represent an estimated US$235 million
in loans. There are also about 30 projects in development for BEIF grants, with a total grant
need of approximately US$130 million. For the CAP program there are more than 20 new
applications representing a total investment of about US$20 million. New water
infrastructure needs within the region are continuously identified, keeping the NADBank
pipeline for the sector robust and dynamic. A programmatic approval process will allow
NADBank to be agile in evaluating those requests and to respond quickly to financing
demands.
Water sector investments will continue to support expanding service coverage, rehabilitating
aging infrastructure and improving the quality of service (e.g., reliability and water quality).
Furthermore, investments are needed to move beyond the provision of basic infrastructure
and support border communities in strengthening and diversifying their water supply
sources, particularly considering the effects of climate change |