IndexDecentralized Rural Transport Program in PeruA Pilot Program to Preserve the Brazilian RainforestBangladesh Integrated Nutrition Project (BINP)International Financial Institutions more commonly called IFIs are institutions that provide financial support and advice professional in developing countries in an effort to achieve global economic cooperation and stability. The term international financial institution typically refers to the International Monetary Fund (IMF) and its five multilateral development banks (MDBs): the World Bank Group, the African Development Bank, the Asian Development Bank, the Inter-American Development Bank and the European Bank. Bank for Reconstruction and Development. The IMF and World Bank together focus on a more global aspect of the system, unlike the other four banks which are more regionally based. Over the years IFIs have undertaken many projects, some deserving a gold medal, others a silver medal and still others a bronze medal. I have selected 3 projects to which I will each award one of these medals based on the impact the project has had on nations. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original EssayDecentralized Rural Transportation Program in PeruIn an effort to ensure that Peru's rural inhabitants have access to better roads, the IMF funded a project to improve their roads and give them a more convenient way to travel. This road improvement project was established to help residents better access nearby communities to trade goods and for quicker access to healthcare services. Poor road conditions made transportation more expensive and some journeys sometimes dangerous. Because of these conditions, the World Bank and the Inter-American Development Bank collaborated in 2006 to form the “Peru Decentralized Rural Transportation Program.” The project aimed to improve and maintain roads allowing residents to travel more safely and conveniently and, by extension, develop some of the poorest communities. The total cost of the project was $150 million, with a loan of $50 million from the World Bank. The project was scheduled to begin in December 2006 and be completed by March 2013, which had to be extended to March 2013 due to setbacks mainly due to elections in the country. A project of this nature gets a gold medal for the scale of the project and how community members were involved in changing their lives. The new roads had some positive aspects; created 808 road maintenance micro-enterprises in 20 regions and provided job opportunities in sales and character building. Overall, the projects helped the community contribute to its own development. This project could have had a greater impact if they had expanded it to some urban areas so that it served as a model for collaboration between communities far and wide. The only negative aspect highlighted was the need to extend the project by one year.A pilot program to preserve the Brazilian rainforestThe pilot program to preserve the Brazilian rainforest was established thanks to the collaboration of the Brazilian government, Brazilian civil society and of the international community organization to protect the rainforest of the Amazon and the Atlantic coast of Brazil. The main aim of the project was to preserve the forest to meet the needs of the current generation without compromising those of the next generation.