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The Inter-American Development Bank Group will hold its Annual Meeting in Mendoza, Argentina on March 22-25, with the participation of authorities and leaders from the public and private sectors. The meeting will discuss the challenges that Latin America and the Caribbean faces in the areas of economic growth, private sector investment, and the future of cities, among others.
This will be the 59th Annual Meeting of the IDB Group’s Board of Governors, which is the Bank’s leading decision-making body and represents its 48 member countries. Most of the Governors are finance or economy ministers or central bank presidents. Additionally, the Annual Meeting includes the participation of thousands of business, social and financial industry leaders.
The IDB Group comprises the Inter-American Development Bank (IDB), which provides resources and financing to the public sector, IDB Invest, which focuses on private sector operations, and the Multilateral Investment Fund (FOMIN), which offers grants and other resources to promote innovative small-scale projects in the region.
During the event, the IDB Group will release its annual macroeconomic assessment of the region, which this year will focus on ways to generate more economic growth.
The Annual Meeting will include two parallel events: the Business Forum for private sector leaders and the 20th edition of Demand Solutions, where leading innovators and entrepreneurs will discuss urban sustainability.
The Business Forum -- Intelligent Integration with the World: Promoting Regional Economies and Infrastructure Investment -- will bring together more than 600 participants from over 30 countries from the region. Participants will discuss the opportunities and priorities for economic growth in Latin America and the Caribbean, looking to identify business opportunities and promote public-private cooperation in the hemisphere.
Speakers will include: the IDB President, Luis Alberto Moreno; Minister of Production, Francisco Cabrera; Minister of the Interior, Rogelio Frigerio; CEO for Latin America for SAP, Claudio Muruzábal; Vice President of Customs and Regulatory Affairs for DHL Express, Maritza Castro; Manager of Global Government Affairs for Walmart, Welby Leaman; Senior Vice President for Mercado Libre, Sean Summers, among others.
In the context of the Forum, the Minister of Finance, Luis Caputo, will offer a presentation on investment opportunities in Argentina and the Governor of Mendoza, Alfredo Cornejo, will share with the audience how the province has been able to compete on a global scale.
IDB Invest’s CEO James P. Scriven will share his vision for the future of development banking with the private sector. He will discuss its recent rebranding as IDB Invest, which highlights what the organization most aspires to – a fluid dialogue between public and private sector, a joint stake in the future and new opportunities for investors. This year, IDB Invest will continue to serve new sectors such as telecommunications, agribusiness and social infrastructure, play a bigger role in smaller markets and test more financial products, including broadening local currency investments.
Experts and innovators will discuss the future of cities at Demand Solutions to Improve Lives – Mendoza, which will include panels about sustainable mobility and land-use planning, urban resilience and environmental awareness, the future of work and demographic growth, and cultural heritage and creative cities. The event will be followed by the IDB Urban Lab’s awards ceremony.
Some of the Demand Solutions speakers will include: David Rosenberg, founder of Aerofarms, a company promoting sustainable urban agriculture; WRI Ross Center Director for Sustainable Cities Dario Hidalgo; Argentine scriptwriter and film director Juan José Campanella; and MIT Senseable Lab Assistant Director Erin Baumgartner.
Demand Solutions Mendoza will take place Thursday, March 22 from 9:00 am to 4:00 pm at the Mendoza InterContinental. Those interested in participating may sign up here.
Demand Solutions will conclude with the 3rd edition of IDB Urban Lab, where universities offer creative and innovative ideas to solve urban problems. More than 100 entries were received from 70 universities to turn Mendoza’s General Belgrano railway station into a public park to honor Argentine cartoonist Quino, author of the comic strip Mafalda. The winner will be chosen from among three finalists: Universidad Nacional de Rosario, Argentina; Pontificia Universidad Javeriana, Bogota, Colombia; and Universidad Central de Venezuela, Barquisimeto.
Members of the media may register for the event here. More information can be found at the Annual Meeting website, with additional information about hotels and other options at the host country website.
About the IDB
The Inter-American Development Bank is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. In addition to loans, grants and credit guarantees, the IDB also conducts cutting-edge research to offer innovative and sustainable solutions to the region’s most pressing challenges. Founded in 1959 to help accelerate progress in its developing member countries, the IDB continues to work every day to improve lives.
About IDB Invest
IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is a multilateral development bank committed to supporting the private sector in Latin America and the Caribbean. It finances sustainable enterprises and projects to achieve financial results that maximize economic, social and environmental development for the region. With a current portfolio of $11.2 billion under management and 330 clients in 23 countries, IDB Invest provides innovative financial solutions and advisory services that meet the evolving demands of its clients in a variety of areas. As of November 2017, IDB Invest is the trade name of the Inter-American Investment Corporation. www.idbinvest.org