Fortaleza (CE), may 15, 2024- The 54^th Annual Meeting of the Latin American Association of Development Finance Institutions (ALIDE), held from May 15 to 17 at the headquarters of Banco do Nordeste (BNB) in Fortaleza, Brazil, was inaugurated.

This meeting, which will bring together more than 250 participants from 20 Latin American and Caribbean countries, as well as six countries from other continents, and representatives of 20 international organizations, will focus on «Financing for development in the face of current global challenges,» an extremely relevant topic for the current situation in the region.

Edgardo Alvarez, Secretary General of ALIDE, participated in the inaugural session, highlighting that the Annual Meeting of ALIDE «aims to be a bridge between institutions and development banks in the region to share best practices and possibilities in working together.»

For his part, Aloizio Mercadante, President of Banco Nacional de Desarrollo Económico y Social (BNDES), presented the central theme of the meeting and highlighted the importance of ALIDE in combating the adversities caused by climate change, in the industrialization of the region and in the decarbonization of agriculture.

«We are facing major transformations, in which development banking plays and will increasingly play a prominent and decisive role in the relationship between the State and the market, due to its ability to formulate public policies and act in a scenario of challenges and opportunities,» said Mercadante.

Paulo Câmara, President of Banco do Nordeste, was also present, who highlighted that he «is fully convinced that together we will build a better future for our countries and for the entire region.»

Elmano de Freitas, Governor of Ceará, highlighted the initiatives financed by Ceará’s development banks, especially Banco do Nordeste. «Collaborative efforts are key to turning incentives into reality. Sustainable development requires the participation of all sectors. There are people thirsty for justice, to coexist with nature in a fair, balanced way and with quality of life,» he said.

More about the event

The role of development banks in environmental preservation and reduced social inequalities is an essential part of the agenda of the 54^th Annual Meeting of the Latin American Association of Development Finance Institutions (ALIDE), which will feature 11 workshops, six panels and three lectures that will address topics such as financial and social inclusion, reduced regional inequalities, infrastructure financing, sustainability and innovation.

The second day of the event will begin with the plenary session: «Productive transformation focused on sustainable production and consumption,» moderated by Salvador Ferrer, President of Banco de la República Oriental del Uruguay (Brou). The next panel will be mediated by Aldemir Freire, Planning Director of Banco do Nordeste, and will deal with «Development banks and biodiversity protection.» On the same day, economist Tânia Bacelar will give the lecture «A vision of the future for regional development and the role of multilateral banks and public development banks.»

It should be noted that this activity was co-organized by ALIDE and BNB, with the support of BNDES, the Government of Ceará, IDB, SP Global and Entrepay. For the complete program of the meeting held in Brazil, including lectures and workshops, please visit the event website.

Contact

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