Online media registration is available for March 26-31 gathering of Latin American and Caribbean leaders
Spotlight on small and mid-sized firms, green financing, sustainable infrastructure investing
The Inter-American Development Bank Group will hold its Annual Meeting in Chengdu, China, on March 26-31. Economic and financial leaders from its 48 member countries will discuss development challenges for Latin America and the Caribbean on issues ranging from green finance and infrastructure to entrepreneurship.
Representatives of other development agencies, commercial banks, companies and civil society organizations will also attend the gathering. The event is the 60th annual meeting of the IDB’s Board of Governors, the Bank’s top decision-making body. Most Governors are ministers of finance or ministers of the economy, or central bank presidents.
The IDB Group is made up of the Inter-American Development Bank (IDB), which provides resources and financing for the public sector; IDB Invest, which focuses on private sector operations; and the IDB Lab (formerly known as MIF), which provides donations and resources to foster innovative small-scale projects in the region.
Annual Meeting activities will kick off with a meeting of mayors, followed by a series of seminars and investment forums with presenters and participants from Asia and Latin America and the Caribbean. Official delegation activities are on March 30 and 31.
The seminar Innovation, Entrepreneurship and SME’s for Development: Building a Better Future will include discussions on disruptive enterprises, sustainable infrastructure, FinTechs, venture capital ecosystems, and artificial intelligence. The event will feature keynote presentations and panel discussions by experts from Latin America and the Caribbean and Asia.
The event includes a seminar on green finance opportunities for financial institutions and capital markets. Panels will explore how instruments can help finance low carbon and climate resilient investments, risk sharing facilities, and the evolution of green bonds, among others. Panels will look at how China has combined, at both national and provincial level, policy reforms and regulatory incentives to develop a green financial market.
The Business Forum – Boosting growth through infrastructure and deeper integration between Latin America and the Caribbean and Asia – will gather private sector leaders and high-level government representatives to discuss trade, sustainable transport and connectivity, and energy financing, among others. One-on-one meeting formats to pair government representatives from investment promotion agencies with potential investors. The Forum is jointly organized with the China Council for the Promotion of International Trade (CCPIT), and the People’s Bank of China.
During the event the IDB Group will release its annual macroeconomic assessment of the region.
Members of the news media may register for the event before March 4. More information is available at the Annual Meeting website. Additional information about lodging and other options are also available at the host country’s website.
About the IDB
The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.
About IDB Invest
IDB Invest, the private sector institution 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. IDB Invest works across sectors to provide innovative financial solutions and advisory services that meet the evolving demands of its clients.