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IDB and ALIDE organized the 3rd Annual Meeting of the Regional Group of Public Banks for the Development of PPPs

    • The discussion focused on sharing the experiences of development banks in their work to promote Public-Private Partnerships (PPPs) projects with a sustainable approach.

    November 18, 2021- Within the framework of the 3rd Annual Meeting of the Regional Group of Public Banks for the Development of Public-Private Partnerships (PPPs), the Inter-American Development Bank (IDB) and the Latin American Association of Financial Institutions for Development ( ALIDE) organized the discussion “Climate Resilience and Preparation of PPP Projects – Tools and Lessons Learned”.

    The event began with the words of Juan Antonio Ketterer, head of the Division of Connectivity, Markets and Finance of the IDB, who described as an important step that the implementation of policies is debated so that public banks work on projects under the modality of public partnerships -private.

    For his part, ALIDE’s general secretary, Edgardo Alvarez, highlighted the importance that investment in telecommunications infrastructures should have, since it was the digital media that allowed the economy to be sustained during the pandemic. In addition, he indicated that it is necessary to promote public-private partnerships to facilitate the implementation of infrastructure projects for adaptation to climate change in our region, since these have a high cost that requires private capital investment to carry them out.

    During the discussion, there was a central panel that allowed the exhibitors to share experiences and show how the role of national development banks is being strengthened as instruments to promote projects and programs of public-private partnerships that generate value for users and taxpayers. .

    The other panels also developed enriching topics such as the knowledge network on PPPs in Latin America and the Caribbean, the “Practical Guide for the Preparation of Projects of Public-Private Partnerships”, the “Toolkit for Decision Makers: Climate Resilience in APPs ”and the next initiatives that will be worked on to promote investment in public-private partnership projects.

    The meeting brought together IDB specialists and representatives of development financial institutions such as BANOBRAS, the Jamaica Development Bank, CAIXA, BNDES, the National Development Finance and the Infrastructure and Projects Authority (IPA) of the United Kingdom.

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 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.

Contact

Andrea Villafranca
Communications Unit of ALIDE
Phone: +511-203-5520 |: Ext: 227
comunicaciones@alide.orgcomunicaciones2@alide.org
www.alide.org

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