He Inter-American Development Bank (IDB) Its annual meeting begins this Thursday in Panama City -the first of its new president, Ilan Goldfajn-, in which issues such as the climate crisis and sustainable development will be key.
the meeting It will last four days and will be attended by economic and financial leaders, especially from Latin America and the Caribbeanbut also from the rest of the countries that make up the development bank, which add up to a total of 48.
A series of meetings and seminars will address development challenges and opportunities in Latin America and the Caribbean and Topics ranging from the impacts of the climate crisis to ensuring equitable and sustainable growth will be discussed.
The event will take place at the Panama Convention Center and will be the 63rd edition of the Annual Meeting of the Board of Governors of the IDB, which will be held simultaneously with the 37th edition of the Board of Governors of IDB Invest, the financial arm of the agency, which works with the private sector in the region.
The Boards of Governors of the IDB and IDB Invest are the highest decision-making bodies of the IDB Group and are made up of the Ministers of Finance and Economy and other senior officials of the member countries.
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The Governors will discuss the ways in which the IDB can enhance its role in Latin America as the main provider of financing and research for development in the region.
“Biodiversity for prosperity and sustainable growth”, “Sustainable and inclusive infrastructure and regional integration” or “Building bridges to promote food security and sustainable energy” are the titles of some of the seminars that will take place these days.
Thus, the topics under discussion will include poverty and inequality; the climate crisis and the green transition; biodiversity; gender, diversity and inclusion; sustainable and inclusive infrastructure; and regional integration.
The assembly will be inaugurated by Ilan Goldfajnwho has held the presidency of the bank since last January, and the region’s annual macroeconomic report will also be presented there.
Founded in 1959, the IDB It is one of the main sources of long-term financing for the economic, social and institutional development of Latin America and the Caribbean.
It also conducts cutting-edge research projects and provides policy advice, technical assistance, and training to public and private clients throughout the region.
Meanwhile, IDB Invest is a multilateral development bank that finances companies and sustainable projects so that they achieve financial results and maximize economic, social, and environmental development in the region.
Today it has a portfolio of $15.3 billion in assets under management and 375 clients in 25 countries.
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