The pervasive nature of COVID-19 impacts has been imposing great challenges to the Development Finance Institutions, especially in the Latin American context, where the pandemic numbers are particularly disturbing. In the next few months, the region will face a transition from the most acute phases of the pandemic to the implementation of response strategies that will have deep impacts in the shape of its next development cycle.

In this sense, the Latin American Association of Development Banks (ALIDE), the InterAmerican Development Bank (IDB), the Development Bank of Minas Gerais (BDMG) and the International Development Finance Club (IDFC) has joined forces to organize a series of digital events to discuss, both at the technical and the strategic levels, the role of Latin American Development finance Institutions in the process of building resilient and sustainable responses to the Covid-19 crisis in the region.

These digital events will take place in the context of ALIDE 2020 General Assembly and on the way of the Finance in Common Summit and will contribute to better position the Latin American Development finance Institutions in the global Post-Covid development debate. The discussions will be focused on the one hand, on the short term financial response to the crisis highlighting policies and instruments to support the productive fabric, and on the other hand on the role of DFIs in the promotion of a sustainable and inclusive recovery in the region and will take the form of a public virtual webinars composed by keynote speakers and high-level panels.

In order to deal with such a complex environment and its different nuances, this series of events will be divided into three parts. The first one will present a global view –from a multilateral perspective– regarding risks and prospects for sustainable development, emphasizing what have we learnt and what opportunities do we see for a climate and SGDsmart recovery from Covid-19.

The second part will present international experiences in structuring financial and nonfinancial solutions as part of the financial (short term) response to the economic crisis post COVID-19. And the third one will highlight why and how National Development Banks can harness the opportunity offered by the recovery to financing structural transformation, helping to lay the foundations for an economic model that is conducive to an inclusive and sustainable growth, in line with the Paris Agreement and the Sustainable Development Goals (SDGs).

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Contact

Marlene Zamora
Head, Conference Unit
Telephone: +511-203-5520 |: Ext: 216
mzamora@alide.org
www.alide.org