As world leaders gather in Seville for the 4th International Conference on Financing for Development, they are confronted with a constrained fiscal environment and a growing gap between aspirations and capabilities. To address this, innovative initiatives, enhanced cooperation, and private capital mobilization are critical. The IDB Group plans to introduce platforms like FX EDGE and the Amazonia Bond Issuance Program to attract investment. Multilateral development banks are evolving into key bridges between public and private sectors, aiming for a significant increase in private sector financing by 2030.
In this new world, there's a simple truth: the public sector can't do it alone. Mobilizing private capital is no longer an option; it's essential.
This week, the Inter-American Development Bank Group (IDB Group) will announce concrete initiatives to bridge the gap between ambition and action.
#financing-for-development #private-investment #global-cooperation #public-private-partnerships #idb-group
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