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- Topicality – Economic Engagement
- We meet – We promote US-Mexico trade
- We Meet – The plan is inherently about economic assistance
- We Meet – NADBank provides direct financing
FYIFYI: NADBank GovernanceEPA 12 [U.S. Environmental Protection Agency, “The BECC and NADBank,” Last updated on 07/26/2012, pg. http://www.epa.gov/international/regions/na/Mexico/beccnadb.html] Governance The BECC and NADB are jointly governed by the United States and Mexico, via a 10-member Board of Directors: From the federal government of the United States, the board members include the Administrator for EPA, and the Secretaries of State and Treasury. From the federal government of Mexico, the board members include the Secretaries for the Environment and Natural Resources (SEMARNAT), Treasury (Hacienda; SHCP), and External Relations (Secretaria de Relaciones Exteriores; SRE). The board also includes one state representative and one non-governmental organization from each country. EPA has been an active participant as a member of the Board of Directors for both the BECC and NADB, helping to ensure that the projects approved by the Board are likely to achieve human health and/or environmental benefits, and that completed projects have achieved the anticipated results. In addition, EPA has made it a top priority that transparency and accountability continue to guide the work of the BECC and NADB. Topicality – Economic EngagementWe meet - NADBank Enhancement Act of 2011 is a unique expansion of economic tiesHSN 11 [Hispanically Speaking News, “Creating North American Development Bank Seen as Good Economic Opportunity for Border Economy,” Published at 8:35 pm EST, July 13, 2011, pg. http://www.hispanicallyspeakingnews.com/latino-daily-news/details/creating-north-american-development-bank-seen-as-good-economic-opportu/8910/ Action to bring economic development to the US Mexico border is making its way through Congress by the expansion and enhancement of the NADBank. The North American Development Bank (NADBank) was created out of the North American Free Trade Agreement (NAFTA) in 1993 to address environmental concerns that the members of Congress had and ensure precautions and measures were taken to have environmentally sound region in the U.S.-Mexico border. The introduction of the “NADBank Enhancement Act of 2011”, allows the two governments to work together to add more benefits along the border region such as infrastructure, transportation and Ports of Entry improvements. The proposed legislation would inject new criteria into the mandate and open the NADBank to finance new infrastructure projects. According to the text of the bill “(3) change the purposes and functions of the Bank, including changes that would allow the Bank to finance infrastructure projects in the border region that promote growth in trade and commerce between the United States and Mexico, support sustainable economic development, reduce poverty, foster job creation, and promote social development in the region.’”
“Allowing the NADBank to develop and finance a broader range of infrastructure projects in the Mexico-US border region would further promote growth in trade between the United States and Mexico, and to foster greater prosperity in the border region”, wrote Mexican Ambassador Arturo Sarukhan in a letter to Chairman Spencer Bachus. We Meet – The plan is inherently about economic assistanceTCEQ 11 [Texas Commission on Environmental Quality, “NADBank Looks to Expand Financial Clout,” Last Modified Mon, 18 Jul 2011, pg. http://www.tceq.texas.gov/assets/public/comm_exec/pubs/pd/020/04-03/nadbank-x.pdf Observing an important anniversary this year, the North American Development Bank looks back on its first decade as a lender for environmental infrastructure along the U.S.-Mexico border. Since 1994, the institution has pumped $660 million into 79 public works projects; of those, 53 were in the U.S., including 30 in Texas. NADBank was created by the United States and Mexico as a side agreement to the North American Free Trade Agreement, in recognition that international assistance would be needed to address environmental problems in impoverished border areas. We Meet – NADBank provides direct financingTCEQ 11 [Texas Commission on Environmental Quality, “NADBank Looks to Expand Financial Clout,” Last Modified Mon, 18 Jul 2011, pg. http://www.tceq.texas.gov/assets/public/comm_exec/pubs/pd/020/04-03/nadbank-x.pdf NADBank, based in San Antonio, was established to offer financial assistance for the construction of water and¶ wastewater treatment facilities and municipal solid waste projects. With the U.S. and Mexico serving as equal¶ partners, the institution was capitalized with $3 billion in cash and pledges. Oversight comes from a binational board of directors: three members from Mexico and three from the U.S. The¶ chairmanship alternates between countries, as does the chief executive officer's position. The bank provides direct financing in the form of loans or guaranties for construction of environmental projects¶ certified by its sister organization, the Border Environment Cooperation Commission (BECC), and it administers¶ grants from the Environmental Protection Agency. Directory: file -> view view -> Western Europe after wwii view -> Author study: paul fleischman view -> Qpa1 7ela study Guide view -> Arctic Oil/Gas Neg view -> November 1970 Approximately 150,000-500,000 deaths Bhola Cyclone Bangladesh view -> Grade Level: 6 Unit of Study: Caribbean glce view -> Citation: Duffield, Katy view -> Table of Contents Lesson # view -> Chinese Wind Energy Disad Download 0.64 Mb. Share with your friends:
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