• The information platform will allow the exchange of knowledge between development entities and promote good practices for sustainable development in the region.

December, 09 2021- The Latin American Association of Development Financing Institutions (ALIDE), the Inter-American Development Bank (IDB) and Economic Commission for Latin America and the Caribbean (ECLAC) presented the information platform of the Community of Practice for Banks of Development in Latin America and the Caribbean during the development of the webinar Responding to the COVID 19 crisis and challenges to promote economic recovery.

The General Secretary of ALIDE, Edgardo Alvarez, indicated that this financing and development banking platform will have issues related to gender, digitization, infrastructure, PPPs, projects, evaluation and measurement of impacts, results, and financial indicators. In addition, he commented that in this way his institution hopes to be able to share good practices and relevant information that contributes to the development of the region.

Meanwhile, the head of the IDB’s Connectivity, Markets and Finance Division, Juan Antonio Ketterer, highlighted the importance of the experience and the data obtained during the pandemic and pointed out that the joint work with ALIDE and ECLAC allowed the development of the initiative of the Development Banking Community of Practice.

“We meet three forces that believe in knowledge and we are going to promote this space to do many more things. One of them, which is for the moment, is to try to decipher the keys to the good practices behind what we did in these almost two years of pandemic, «said Ketterrer.

For his part, the director of ECLAC’s Economic Development Division, Daniel Titelman, added that the platform will also allow us to learn about the challenges that may be faced in the future and to continue promoting development banking in the region.

During the development of the webinar, there was also a presentation by Joao Carlos Ferraz, professor of economics at the Federal University of Rio de Janeiro (UFRJ), who commented on the origin of the Development Banking Community of Practice, and There were presentations by Georgina Cipoletta and Tarek Abdo, members of ECLAC, who presented the study Financing of development banks in the framework of the COVID-19 crisis in Latin America and the Caribbean.

In addition, comments were received from Romy Calderón, ALIDE’s Head of Studies and Information, who analyzed the document presented by ECLAC and shared the challenges and opportunities for Development Banking in the post-pandemic recovery.

About ALIDE

ALIDE is the community of financial institutions that generates banking solutions for the development of Latin America and the Caribbean. Founded in 1968, its main objective is to contribute to the economic and social development of the region, through good practices in development financing that it promotes among its associates. It is made up of 85 member institutions with a presence in more than 20 countries in Latin America and other regions of the world.

About BID

The Inter-American Development Bank – BID (Inter-American Development Bank) is an international financial organization based in the city of Washington DC (United States), and created in 1959 with the purpose of financing viable projects of economic and social development and institutional and promote regional trade integration in the area of ​​Latin America and the Caribbean. It is the largest regional development financial institution of its kind and its origin dates back to the Inter-American Conference of 1890. Its central objective is to reduce poverty in Latin America and the Caribbean and promote sustainable and lasting growth.

About ECLAC

The Economic Commission for Latin America and the Caribbean (ECLAC) is the agency dependent on the United Nations Organization responsible for promoting the economic and social development of the region. Created in 1948, ECLAC is dedicated to economic research.

Contact

Andrea Villafranca
Communications Unit of ALIDE
Phone: +511-203-5520 |: Ext: 227
comunicaciones@alide.org, comunicaciones2@alide.org
www.alide.org