ALIDE took part in the D20-LTIC Summit in Indonesia
- The meeting was held in hybrid mode and was organized by D20-Long-Term Investors Club (LTIC), OECD, Global Infrastructure Hub and the Indonesian G20 Presidency.
July 15, 2022- The Latin American Association of Financial Institutions for Development (ALIDE) participated virtually in the 2022 D20-LTIC Summit held in Bali, Indonesia, on 14-16 July.
The president of ALIDE, Carlos Linares, engaged as a panelist during the G20 Infrastructure Investors Dialogue: Leveraging Private Sector Participation in Sustainable Infrastructure Investment, a panel discussion aiming at encouraging private sector to ramp up investments in sustainable infrastructure.
During the session “What can G20 countries do to create more bankable sustainable infrastructure projects for EMDEs and subnationals?”, Linares commented on the development banks’ experience in strategic alliances and co-financing agreements.
He also shared ideas on how public-private participation can improve and boost sustainable infrastructure and emphasized the importance of the current growth of ESG investment in LAC region.
The president, Carlos Linares, and the General Secretary of ALIDE, Edgardo Alvarez, joined as well a Steering Committee Meeting along with other members of the D20 Long-Term Investors Club Steering Committee, where the year-to-date progress was reviewed, new members were admitted, the D20 Statement was approved, and strategic guidelines were given for the Group to ensure a successful development.
About the D20-LTIC
Created in 2009 by Caisse des Dépôts, Cassa Depositi e Prestiti, the European Investment Bank (EIB) and Kreditanstalt für Wiederaufbau (KFW), the D20 Long-Term Investors Club gathers the world’s largest financial institutions to promote the role of long-term finance in driving global economic development and sustainable growth.
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 the good practices in development financing that it promotes among its associates, about 90 institutions with a presence in more than 20 Latin American countries and other regions of the world.