Thursday, September 3, 2009

On behalf of the United States Treasury, we welcome the final capital contributions by the United States and Mexico, which fulfill the financial obligations of our two countries to the NADB,” stated co-chairman of the Board, Karen Mathiasen, Director of the Office of Multilatral Development Banks for the U.S. Department of the Treasury.

In its 14 years of operation, BECC has certified 159 environmental infrastructure projects along the U.S.-Mexico border, which represent a total investment of approximately US$3.23 billion. NADB is providing approximately US$964.5 million in loans and grants to support 128 of those projects. BECC-certified and NADB-financed projects are estimated to be benefiting almost 12 million residents of the U.S.-Mexico border region through improved infrastructure for a cleaner environment.

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