• The second day of the meeting addressed essential topics for sustainable finance, such as food security, sustainable agriculture and impact assessment in the financing of public development banking.

March 1, 2024- The 4^th edition of the Meeting of Chief Economists of Development Finance Institutions (DFIs) of Latin America and the Caribbean (LAC) ended after two days of sessions that demonstrated the commitment of development banking to join efforts and successfully comply with the Sustainable Development Goals (SDGs).

This meeting, organized by the Latin American Association of Development Finance Institutions (ALIDE), was held on February 29 and March 1 at ALIDE’s headquarters in Lima, Peru, with the support of the Inter-American Development Bank (IDB) and the AFD group.

On the second day, the meeting focused on debating and sharing experiences on sustainable agriculture and food security, aside from analyzing the importance of impact assessment in the financing of public development banking in the region.

“We want these meetings to favor and strengthen the institutions through an exchange of experiences,” stated Edgardo Alvarez, secretary general of ALIDE, who underscored that the Association seeks to publicize all the initiatives and efforts that the LAC development banking is working on to mobilize financing and to strengthen technical assistance.

The focus of the meeting

“The development banks of Latin America showed that, through their activities, the use of instruments and programs seek to achieve the SDGs focused on topics such as infrastructure, food security, and financial and gender inclusion,” observed Romy Calderón, head of ALIDE’s Economic Studies and Information Program (PEI), who was in charge of sharing the conclusions of the event.

In that sense, it was also observed that impact assessment is an essential tool to measure the contribution and achievements of the DFIs, which, on this occasion, were able to exchange experiences in order to confront the challenges of the current situation and achieve major initiatives and the global agreements.

Moreover, the meeting allowed ALIDE to present the “Toolkit for Public Development Banking in Latin America and the Caribbean”, a set of tools that will contribute to the exchange of good practices, decision-making and information analysis through the platforms of the Development Banking Hub, ALIDE Databank and the ALIDE database