{"id":9737,"date":"2020-03-31T19:53:47","date_gmt":"2020-03-31T19:53:47","guid":{"rendered":"https:\/\/www.alide.org.pe\/?page_id=9737"},"modified":"2023-11-03T05:01:51","modified_gmt":"2023-11-03T05:01:51","slug":"development-finance-institution-actions-and-measures-to-support-the-crisis","status":"publish","type":"page","link":"https:\/\/www.alide.org.pe\/en\/development-finance-institution-actions-and-measures-to-support-the-crisis\/","title":{"rendered":"Development Finance Institution actions and measures to support the crisis"},"content":{"rendered":"

[vc_row][vc_column][vc_separator][vc_custom_heading text=”Development Finance Institution actions and measures to support the crisis <\/strong>” font_container=”tag:h2|font_size:30px|text_align:left|color:%23013c7b” use_theme_fonts=”yes”][vc_column_text]The global health crisis of Coronavirus is generating exceptional negative impacts. In this scenario, governments around the world implement measures to stabilize the advance of the pandemic and reduce damage, strengthen their health systems, and alleviate the effects on the economy or help the most vulnerable sectors to cope with the crisis.<\/p>\n

As instruments of government financing policy, development banks in Latin America and the Caribbean, as well as international financial organizations, are taking specific measures to support the productive and social sectors to face the negative impacts generated by the crisis.<\/p>\n

In this section, created as an observatory, the actions and measures implemented are presented. The purpose is to learn from example to act more effectively. Stop the crisis with action and shared knowledge.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_separator][vc_custom_heading text=”Initiatives <\/strong>” font_container=”tag:h2|font_size:30px|text_align:left|color:%23013c7b” use_theme_fonts=”yes”][\/vc_column][\/vc_row][vc_row][vc_column][vc_separator style=”dashed”][\/vc_column][\/vc_row][vc_row][vc_column][vc_tta_tabs][vc_tta_section title=”International Development Organization” tab_id=”1590090718412-39f1ddb2-8e16″][vc_separator]

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Stronger Partnership to Prevent Corruption during Crises<\/h2>
October 11, 2023.- The Asian Development Bank (ADB) and the Organisation for Economic Co-operation and Development (OECD) have entered into a knowledge partnership agreement to bolster national and multilateral efforts to address corruption risks in responses to emergency situations in Asia and the Pacific.<\/div><\/i><\/span>More information<\/span><\/a><\/div><\/div><\/div>\n[vc_separator]
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Natural resource-backed loans are a disaster for Africa, warn IMF and the African Development Bank<\/h2>
October 6, 2023.- The International Monetary Fund (IMF) has strongly supported a call by the African Development Bank Group urging countries in Africa to stop borrowing loans backed by their natural resources. The IMF Managing Director Kristalina Georgieva met with the President of the African Development Bank Group, Dr Akinwumi Adesina, in Abidjan, C\u00f4te d\u2019Ivoire. It is the first time an IMF head has visited the Bank headquarters since its establishment in 1964.<\/div><\/i><\/span>More information<\/span><\/a><\/div><\/div><\/div>\n[vc_separator]
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CDB Expects Most Underserved to Benefit from Caribbean Water Utility Insurance Collective<\/h2>
October 6, 2023.- The Caribbean Development Bank (CDB) anticipates the poorest communities in its borrowing member countries to benefit from the disaster recovery relief provided by a Caribbean Water Utility Insurance Collective after approving a grant of USD650,000 to the CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) to finance data collection and risk modeling consultancy services to create parametric insurance products for water utilities.<\/div><\/i><\/span>More information<\/span><\/a><\/div><\/div><\/div>\n[vc_separator]
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World Bank, EBRD and EIB formalise their partnership to strengthen assurance<\/h2>
October 4, 2023.- The World Bank Group Internal Audit (GIA), the European Bank for Reconstruction and Development Department of Internal Audit (EBRD-IA) and the European Investment Bank Internal Audit Department (EIB-IA) signed memoranda of understanding to strengthen cooperation, particularly around information exchange, joint assurance activities and internal audit matters of mutual interest. <\/div><\/i><\/span>More information<\/span><\/a><\/div><\/div><\/div>\n[vc_separator]
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EBRD begins work on combined Infrastructure Strategy<\/h2>
October 5, 2023.- The European Bank for Reconstruction and Development (EBRD) is starting work on a new infrastructure strategy and is inviting the public to contribute. During the first phase of the process, the Bank is inviting public comment on its current Municipal and Environmental Infrastructure (MEI) and Transport Sector Strategies.<\/div><\/i><\/span>More information<\/span><\/a><\/div><\/div><\/div>\n[vc_separator][\/vc_tta_section][\/vc_tta_tabs][vc_separator][vc_custom_heading text=”Related Publications<\/strong>” font_container=”tag:h2|font_size:30px|text_align:left|color:%23013c7b” use_theme_fonts=”yes”][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/3″][vc_separator][vc_single_image image=”14723″ img_size=”medium”][\/vc_column][vc_column width=”1\/3″][vc_column_text]Summary
\n<\/strong>Responses of Latin American Development Banks to the economic crisis<\/a>
\nDevelopment banks are at the forefront in mitigating the impact of the pandemic through their efforts to design and implement government programs in cooperation with local financial systems and regional and multilateral financial organizations. The sector\u2019s immediate aim is to provide liquidity to families by social assistance programs, and to the business sector. These were identified in the study published by ALIDE and based on an analysis of the measures taken by Latin American and Caribbean banks. An initial version of this study was presented to the World Bank as a collaboration.[\/vc_column_text][\/vc_column][vc_column width=”1\/3″]
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Download Here<\/div><\/div><\/a><\/div>\n[\/vc_column][\/vc_row][vc_row][vc_column width=”1\/3″][vc_separator][vc_single_image image=”10520″ img_size=”medium”][\/vc_column][vc_column width=”1\/3″][vc_column_text]Summary<\/strong>
\nThe Counter Cyclical Role of Development Banking to Face the International Economic Crisis<\/a>
\nThe current financial crisis has called to reflection not only on the operation of the markets, but also on the role of the State in regulation the financial system and its transparency, among other topics. This means that the action of the State should be directed to help the financial markets to operate increasingly better, and there is not doubt that their activity is fundamental in times of crisis when the operation of the payment and credit mechanism is in danger[\/vc_column_text][\/vc_column][vc_column width=”1\/3″]
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Download Here<\/div><\/div><\/a><\/div>\n[\/vc_column][\/vc_row][vc_row disable_element=”yes”][vc_column][vc_separator][vc_custom_heading text=”DFIs and Regional Development Finance Institutions and Goverments Actions<\/strong>” font_container=”tag:h2|font_size:30px|text_align:left|color:%23013c7b” use_theme_fonts=”yes”][\/vc_column][\/vc_row][vc_row disable_element=”yes”][vc_column width=”1\/4″]
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Measures and Actions Report<\/div><\/div><\/a><\/div>\n[\/vc_column][vc_column width=”1\/4″]
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Measures and Actions Report II<\/div><\/div><\/a><\/div>\n[\/vc_column][vc_column width=”1\/4″]
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Measures and Actions Report III<\/div><\/div><\/a><\/div>\n[\/vc_column][vc_column width=”1\/4″]
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Measures and Actions Report IV<\/div><\/div><\/a><\/div>\n[\/vc_column][\/vc_row][vc_row disable_element=”yes”][vc_column width=”1\/4″]
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Measures and Actions Report V<\/div><\/div><\/a><\/div>\n[\/vc_column][vc_column width=”1\/4″]
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Measures and Actions Report Vi<\/div><\/div><\/a><\/div>\n[\/vc_column][vc_column width=”1\/4″]
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Measures and Actions Report VII<\/div><\/div><\/a><\/div>\n[\/vc_column][vc_column width=”1\/4″]
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Measures and Actions Report VIII<\/div><\/div><\/a><\/div>\n[\/vc_column][\/vc_row][vc_row][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

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