{"id":155536,"date":"2025-03-26T19:18:16","date_gmt":"2025-03-26T18:18:16","guid":{"rendered":"https:\/\/efecomunica.efe.com\/?p=155536"},"modified":"2025-03-26T19:52:38","modified_gmt":"2025-03-26T18:52:38","slug":"idb-offers-investors-to-be-bridge-for-latin-america","status":"publish","type":"post","link":"https:\/\/efecomunica.efe.com\/en\/idb-offers-investors-to-be-bridge-for-latin-america\/","title":{"rendered":"IDB offers to be bridge for investors in Latin America"},"content":{"rendered":"

Santiago, Mar. 26 (EFE)<\/strong> \u2013 The Inter-American Development Bank<\/a> (IDB)<\/strong> reaffirmed on Wednesday its commitment to act as a \u201cbridge\u201d for investors entering Latin America<\/strong>, emphasizing the need for strategic collaboration with civil society organizations<\/strong> to improve development outcomes across the region.<\/p>\n

\n

\u201cWe are going around the world telling investors to enter Latin America, that we are the bridge to Latin America because we give the guarantee that it is a good project,\u201d said IDB President Ilan Goldfajn<\/strong>.<\/p>\n<\/blockquote>\n

The Brazilian economist spoke during the opening panel of the seminars that precede the Annual Meeting of the IDB\u2019s Board of Governors<\/strong>, composed of finance and economy ministers<\/strong> and senior officials from the 48 member countries<\/strong>. The board will meet March 28\u201330 in Santiago, Chile<\/strong>,<\/a> to address development challenges and private-sector opportunities<\/strong>.<\/p>\n

\"Inter-American
Inter-American Development Bank President Ilan Goldfajn (L) and IDB Communications Division Chief Yolanda L\u00f3pez de Otero attend the opening day of the 2025 Annual Meetings of the IDB and IDB Invest Boards of Governors in Santiago. EFE\/Elvis Gonz\u00e1lez<\/figcaption><\/figure>\n

Expanding Scale and Impact in Latin America<\/strong><\/h3>\n
\n

\u201cWe want to be a bank that has a greater presence both in scale and impact,\u201d said Goldfajn, who has led the IDB since December 2022.<\/p>\n<\/blockquote>\n

Through the BID for the Americas<\/a> program<\/strong>, launched in 2023, the IDB is increasing collaboration with the private sector<\/strong>, fostering business opportunities between 26 countries in Latin America and the Caribbean<\/strong> and key partners in Europe, North America, and Asia<\/strong>.<\/p>\n

Civil Society: A Vital Partner in Development<\/strong><\/h3>\n

Goldfajn emphasized the essential role of civil society organizations<\/strong> in the bank\u2019s strategy:<\/p>\n

\n

\u201cThey are an essential part of our work, our project, our strategies and our way of operating as an institution. This is not just a formality.\u201d<\/p>\n<\/blockquote>\n

Anabel Gonz\u00e1lez<\/strong>, IDB Vice President for Countries and Regional Integration, echoed that message:<\/p>\n

\n

\u201cReal change happens through collaboration, which is why it is important to include civil society organizations. They can strengthen transparency and accountability, and they are also important because they generate public trust.\u201d<\/p>\n<\/blockquote>\n

\"Inter-American
Inter-American Development Bank President Ilan Goldfajn attends the 2025 Annual Meetings of the IDB and IDB Invest Boards of Governors in Santiago. EFE\/Elvis Gonz\u00e1lez<\/figcaption><\/figure>\n

IDB Invest: Private Sector Driving Sustainable Development<\/strong><\/h3>\n

This week\u2019s meeting in Chile, the first IDB Board of Governors<\/strong> session hosted by the country since 2001, will include discussions on shared priorities<\/strong>, such as citizen security, poverty reduction, and natural disaster resilience<\/strong>.<\/p>\n

\n

\u201cThe region has one of the highest levels of inequality in the world, and the IDB is one of the most powerful institutions. Powerful in the sense of being able to change reality. It is not a political institution in the sense that it is not committed to a government, but to the state,\u201d said Goldfajn.<\/p>\n<\/blockquote>\n

Founded in 1959<\/strong>, the IDB provides more than $25 billion in annual financing<\/strong>, with a goal to exceed $38 billion by 2030<\/strong>.<\/p>\n

\"Photograph
Attendees at the opening day of the 2025 Annual Meetings of the IDB and IDB Invest Boards of Governors in Santiago. EFE\/Elvis Gonz\u00e1lez<\/figcaption><\/figure>\n

IDB Invest Commits to Transparency and Impact<\/strong><\/h3>\n

Also taking place is the 39th Annual Meeting of the IDB Invest Board of Governors<\/strong>, the private-sector arm of the bank, responsible for 44% of operations in the region<\/strong>.<\/p>\n

James Scriven<\/strong>, CEO of IDB Invest<\/strong><\/a>, opened the session by highlighting the institution\u2019s commitment to \u201ctotal transparency.\u201d<\/strong><\/p>\n

\n

\u201cWe handle public funds, everything we do has to be public,\u201d Scriven said, emphasizing that IDB Invest\u2019s strategy is closely aligned with government requests.<\/p>\n<\/blockquote>\n

\n

\u201cWhat they are asking of us today is to be much more aggressive in certain sectors. Those sectors obviously have an environmental impact and it is important that we work together. For example, in infrastructure.\u201d<\/p>\n<\/blockquote>\n

The organization\u2019s \u2018Originate to Share\u2019<\/strong> business model aims to drive sustainable private-sector impact. It aims to benefit 2.5 million MSMEs<\/strong> and 1.6 million poor and vulnerable individuals each year<\/strong>. EFE<\/p>\n

https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2025\/03\/rss-efe331eafa9-c4ed-40b6-9112-ef3a595e49f0-hd-web.mp4<\/a><\/video><\/div>\n","protected":false},"excerpt":{"rendered":"

Santiago, Mar. 26 (EFE) \u2013 The Inter-American Development Bank (IDB) reaffirmed on Wednesday its commitment to act as a \u201cbridge\u201d for investors entering Latin America, emphasizing the need for strategic […]<\/p>\n","protected":false},"author":198164071,"featured_media":155537,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[123771,127474,126442],"tags":[],"class_list":["post-155536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-finance","category-international-organizations"],"acf":[],"yoast_head":"\nIDB offers to be bridge for investors in Latin America - 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