IDB Group Has Already Deployed Almost $10 Billion to the Global Alliance Against Hunger and Poverty Since Its Inception

President Goldfajn discussed the IDB Group’s contributions to the development of an integrated financing framework to support country-led efforts.

ROME — Inter-American Development Bank Group (IDB Group) President Ilan Goldfajn visited the headquarters of the Global Alliance Against Hunger and Poverty's Support Mechanism in Rome on June 19, meeting with its director, Renato Domith Godinho, and his team to review the IDB Group's engagement with the Alliance and discuss next steps.

The visit builds on the commitments the IDB Group made when the Alliance was launched at the G20 Leaders' Summit in November 2024. The IDB Group committed up to $25 billion between 2025 and 2030 to support country-led programs aligned with the Global Alliance's Policy Basket and is on track to deliver that commitment. In 2025, the IDB approved $4.1 billion in aligned operations and, in 2026, is expected to approve an additional $5.8 billion in aligned investments, including $2 billion in targeted cash transfers — bringing the total to nearly $10 billion in the first two years. 

During the meeting, President Goldfajn emphasized the importance of private-sector-led growth to create jobs and support sustainable poverty reduction. At the same time, he underscored the need to accelerate progress toward eliminating extreme poverty by expanding coverage and strengthening the effectiveness of adaptive social-protection programs, including cash transfers, for the most vulnerable populations.

To support this objective, the Global Alliance is developing a framework to better align financing around country-led implementation plans by matching country needs with available resources across multilateral, bilateral, philanthropic, humanitarian, and climate-finance partners. The proposed approach would provide a voluntary mechanism to better integrate financing around national plans focused on adaptive social protection and resilient local food systems. 

The IDB Group will provide input into the mechanism’s design based on its experience with collaborative financing platforms and help bring in other regional development banks and stakeholders. This engagement is already translating into action at the country level. In Haiti, the IDB Group is supporting the government's cash-transfer programs as part of a broader package to strengthen maternal, neonatal, and child health, as well as nutrition and school feeding. 

These efforts are being implemented in coordination with the World Bank, UN agencies, including the World Food Programme, and partners such as Education Above All and the Global Partnership for Education, with facilitation by the Alliance’s Support Mechanism. The program provides an early example of the country-led delivery approach that the Global Alliance seeks to support and scale.

Launched at the G20 Summit in Brazil in 2024, the Global Alliance Against Hunger and Poverty aims to accelerate progress towards ending hunger and poverty through coordinated support from its members for national, large-scale, evidence-based policies and programs. The Alliance has grown to over 215 members, including more than 107 countries, 31 international organizations, 14 international financial institutions, and over 63 philanthropic and non-governmental organizations. Its Support Mechanism, hosted by the Food and Agriculture Organization of the United Nations in Rome and operating independently, helps countries broker and implement partnerships to combat hunger and poverty.