To be eligible for financing and other forms of assistance from NADB, projects must meet the following basic criteria:
- The project must remedy an environmental and/or human health problem. Specifically, NADB is authorized to finance projects that will prevent, control or reduce environmental pollutants or contaminants, improve the drinking water supply, or protect flora and fauna, so as to improve human health, promote sustainable development, or contribute to a higher quality of life. In this context, NADB may finance the following types of projects, including but not limited to:
- Water: Potable water supply, wastewater treatment & reuse, water conservation, storm drainage & flood control
- Waste management: Sanitary landfills, collection & disposal equipment, dumpsite closure, recycling
- Air quality improvement: Public transportation, street paving and other roadway improvements, ports of entry, industrial emissions reduction, methane capture
- Clean/renewable energy: Solar, wind, biogas, biofuels, hydroelectric, geothermal
- Energy efficiency: industrial equipment retrofits, public lighting, building upgrades
- Industrial/hazardous waste: Treatment & disposal facilities, industrial site remediation
- The project must be located within the U.S.-Mexico border region, defined as 100 kilometers (62 miles) north of the international boundary in the four U.S. states of Arizona, California, New Mexico, and Texas and within 300 kilometers (about 186 miles) south of the border in the six Mexican states of Baja California, Chihuahua, Coahuila, Nuevo Leon, Sonora, and Tamaulipas.
Nevertheless, projects outside this region may be eligible if the Board of Directors determines that they remedy a transboundary environmental or health problem.
- The project sponsor must have the legal authority to develop the project, provide the proposed services and/or contract the proposed financing. A project must also observe or be capable of observing the environmental and other laws and regulations of the place where it is to be located or executed, including obtaining the necessary operating permits, licenses, and other regulatory requirements related to land acquisition and rights-of-way. Additionally, the project’s conformance to any applicable international treaties and agreements must be documented.
The project must meet or be capable of meeting the technical, environmental and financial criteria for certification by the Board of Directors.