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Regional Public Goods Initiative

Regional Public Goods Initiative

Financing joint solutions to shared development challenges through regional cooperation.

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The IDB’s Regional Public Goods (RPG) Initiative aims to foster regional cooperation through high-impact projects that promote coordinated public policy and scalable solutions.

The countries of Latin America and the Caribbean share many opportunities, as well as development challenges, that are best addressed through collective action. The RPG Initiative funds specific regional-coordination projects to be implemented at the national level by participating countries and potentially replicated by others. These public goods may include regional regulatory frameworks, legislation-convergence efforts, and common standards; regional sectoral strategies and action plans; diagnostic studies to support investment decisions; and methodologies and tools for regional implementation.

 

Competitive Funds

The RPG Initiative provides non-reimbursable funding (grants) to selected proposals through competitive calls.

Demand-Driven

Financed proposals must be endorsed by, and benefit , at least three countries (two, in binational projects).

Collective Action

Beneficiary countries and institutions jointly define the project’s goals, work plans, and governance.

Thematic Focus

The selected proposals must be aligned with the core objectives of IDB Group’s Institutional Strategy, IDBStrategy+.

The 2025 call will select proposals with strong regional value-added that tackle shared challenges or opportunities through coordinated action, in line with one or more of the IDB Group’s three core objectives:

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1. Addressing poverty and inequality: Labor and financial market reforms, education, health, social protection, food security, opportunities and services for all population groups, and citizen security. 

2. Boosting resilience: Conservation and biodiversity, sustainable management of natural capital, climate and disaster resilience, pollution reduction, environmental governance, and adaptation efforts.

3. Spurring growth: Regional integration, digital and physical infrastructure, private sector empowerment, and innovation to drive productivity.
 

Participation

 

Timeline

 

The 2025 call was open from June 16 to August 15, 2025. It is currently under evaluation.

 

Elegible Beneficiaries

 

National or subnational public institutions responsible for policy design and implementation in the relevant area may benefit from the RPG call. Nonprofit private sector entities may participate as executing agencies or strategic partners.

 

Evaluation

 

Proposals are being assessed by the BPR Eligibility Committee based on strategic relevance, regional value-added, and sustainability. The selected projects will be announced once this process is completed.

 

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