BANGKOK — The Inter-American Development Bank Group (IDB Group) and Cassa Depositi e Prestiti (CDP), Italy’s national promotional institution, signed an agreement to establish a cooperation facility aimed at identifying, preparing, and mobilizing investment-ready projects across Latin America and the Caribbean. The partnership will help unlock investment, expand financing opportunities, and strengthen business ties between Italy and the region.
Under a memorandum of understanding (MoU) signed on the sidelines of the 2026 Annual Meetings of the International Monetary Fund and the World Bank Group, the collaboration may support co-financing, risk-sharing and blended-finance structures, as well as technical assistance for public and private sector operations.
Areas of cooperation include critical minerals, energy security, sustainable transport and logistics, water resource management, resilient infrastructure, biodiversity and natural capital, agribusiness, and food security.
The agreement will also help connect Italian companies, technologies, goods, and services with projects and partners in the region through BID for the Americas, the IDB Group's program that promotes business opportunities and strengthens commercial ties between Latin America and the Caribbean and international partners.
Building on initial cooperation through IDB LAC Minerals, the IDB Group’s regional platform for responsible mining and sustainable mineral value chains, the MoU establishes a broader framework for collaboration between Italy and Latin America and the Caribbean.
About the IDB Group
The Inter-American Development Bank Group (IDB Group) is the leading source of financing and knowledge for improving lives in Latin America and the Caribbean. It comprises the IDB, which works with the region’s public sector and enables the private sector; IDB Invest, which directly supports private companies and projects; and IDB Lab, which spurs entrepreneurial innovation.
About CDP
Cassa Depositi e Prestiti (CDP) is a National Promotional Institution that has been supporting the Italian economy since 1850. Through its actions, it is engaged in accelerating the industrial and infrastructural development of the country, so as to sustain its economic and community growth. CDP focuses its activities on regional sustainable development and also supports innovation and growth, including international growth, of Italian companies. It is a partner of Local Authorities, with loans and advisory services, for the creation of infrastructures and for the improvement of services of public utility. In addition, it is active in the field of International Cooperation to fund projects in developing countries and emerging markets. Cassa Depositi e Prestiti is funded totally by private resources, through the issue of postal bonds and passbook accounts and through issues onto the national and international market. For further information, please visit www.cdp.it.
Consuelo Andrea De La Jara Donoso
Extlaffairs-Commun Consultant
