News

The Board of Directors of the North American Development Bank (NADBank) held its first meeting of 2024 in the city of Tecate, Baja California, where various internal policies were reviewed and approved to enhance the operations of the Bank. Progress was also made in fine-tuning a proposed Water Investment Program (WIP). These actions are intended to allow the Bank to advance the implementation of its five-year strategic plan that went into effect in early 2024. The objective of the strategic plan is to support the development of the border region by increasing the number of impactful environmental infrastructure projects financed and growing its portfolio of development assets to US$1.5 billion over the next five years, as well as integrating knowledge and best practices into those projects. The priority is investments in water infrastructure and greener urban mobility that support the transition to a sustainable economy, advance the well-being of residents, and preserve, protect and enhance the environment in the U.S.-Mexico border region.

The North American Development Bank (NADBank) is pleased to announce the publication of its Sustainable Financing Framework, which targets investments with significant environmental and social impacts and enhances transparency in the use of funds. The framework focuses on addressing the critical development challenges facing the U.S.-Mexico border region, which are at the core of the Bank’s environmental mandate.

Fitch Ratings has affirmed the North American Development Bank's (NADBank) Long-Term Issuer Default Rating (IDR) at 'AA' with a Stable Outlook

El Paso, Texas - The Trust for the Americas, in collaboration with the North American Development Bank (NADBank), Microsoft, and STTE Foundation, proudly announces the graduation of the second cohort of participants from the Skills for Sustainability (S4S) project in El Paso. Skills for Sustainability, a binational workforce development initiative spearheaded by The Trust for the Americas and funded by NADBank and Microsoft, empowers individuals to become the next generation of water operators and drive sustainable development in El Paso and Ciudad Juarez.

With the start-up of its new blog, the North American Development Bank (NADBank) is opening a space for conversations on topics related to its mission and functions, such as the environment, sustainability, ESG considerations, green economy and finance, climate change and the importance of developing the border region and the binational relationship between Mexico and the United States, among others. Our specialized staff with experience in different areas of the institution, as well as other invited experts, will participate with articles of interest on these topics.

The North American Development Bank (NADBank) is providing US$250,000 in grant funding for emergency repairs of the Delta Street Sewer Pump Station in the City of Calipatria, a small community located in Imperial County, California. It is the only lift station that serves the city sewer system and receives the entire volume of wastewater collected throughout the community. Once rehabilitated, the pump station will ensure approximately 700,000 gallons per day of wastewater is safely conveyed from the city sewer system to its treatment plant.

As of January 1st, John Beckham began his four-year term as Managing Director of the North American Development Bank (NADBank). NADBank extends its appreciation to Calixto Mateos Hanel, the former managing director, for his years of service to the institution and wishes him success in his future endeavors.

The Board of Directors of the North American Development Bank (NADBank) met in San Antonio, Texas, for their second meeting of the year. During the meeting, the Board discussed the strategic plan of the binational institution for the next five years, so that the Bank provides support and investments throughout the border region so that Mexico and the U.S. can achieve their environmental goals and transition to a greener economy through its investments, grants and technical assistance. In particular, the plan reaffirms the Bank’s continued focus on investment in water infrastructure to better manage this shared resource along the border and address wastewater problems, with the commitment of Mexico and the United States to move towards sustainable development, through investments that promote a better quality of life for border residents, as well as reflects the growing binational priority of accelerating investment in greener mobility.

The North American Development Bank (NADBank) and Clínicas de Salud del Pueblo, Inc, a California-based, non-profit corporation doing business as Innercare, signed a US$36.0 million loan agreement for the design, construction and operation of outpatient medical facilities that will incorporate sustainable construction techniques and materials. The new complex will increase affordable access to much-needed healthcare services in the area. 

The North American Development Bank (NADBank) is providing a US$3.4-million grant to the local water utility, Comisión Estatal de Servicios Públicos de Mexicali (CESPM), to support the rehabilitation of five force mains in the municipality of Mexicali, Baja California, and reduce the risk of pipeline failures that could cause sewage overflows onto local streets and into the New River, which flows northward into the United States.