{"id":4404300,"date":"2024-03-15T08:00:00","date_gmt":"2024-03-15T13:00:00","guid":{"rendered":"https:\/\/www.olartemoure.com\/?p=4404300"},"modified":"2024-03-15T22:13:41","modified_gmt":"2024-03-16T03:13:41","slug":"development-in-latin-america","status":"publish","type":"post","link":"https:\/\/olartemoure.com\/en\/development-in-latin-america\/","title":{"rendered":"IDB group drives development in Latin America"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; theme_builder_area=&#8221;post_content&#8221; _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][et_pb_row _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; width=&#8221;100%&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][et_pb_column _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; type=&#8221;4_4&#8243; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; text_font_size=&#8221;1.1em&#8221; text_line_height=&#8221;1.5em&#8221; text_orientation=&#8221;justified&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Transformative changes were approved at the Governors&#8217; Assemblies of the IDB and IDB Invest to increase the impact of the IDB Group in Latin America and the Caribbean. US$3.5 billion were allocated for IDB Invest and an additional US$400 million for IDB Lab, promoting a new business model focused on private sector development and <a href=\"https:\/\/www.olartemoure.com\/en\/innovacion-proteccion-y-transferencia\/\" target=\"_blank\" rel=\"noopener\">innovation<\/a>. The new Institutional Strategy of the IDB Group sets key objectives for 2024-2030, focusing on reducing poverty, addressing <a href=\"https:\/\/www.olartemoure.com\/en\/sustainable-agriculture\/\" target=\"_blank\" rel=\"noopener\">climate change<\/a>, and promoting sustainable growth. Additionally, internal reforms will be implemented to strengthen the culture of impact and effectiveness in development.<\/p>\n<p>These measures, led by IDB President Ilan Goldfajn, aim to transform the region, and consolidate the IDB Group as the primary source of development financing in the region, promoting <a href=\"https:\/\/www.olartemoure.com\/en\/all-about-the-safe\/\" target=\"_blank\" rel=\"noopener\">innovative financial solutions<\/a> and more inclusive growth. In this way, it is expected that these actions will significantly drive progress and quality of life in the region.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Transformative changes were approved at the Governors&#8217; Assemblies of the IDB to increase the impact of the IDB Group in Latin America.<\/p>\n","protected":false},"author":5,"featured_media":4404301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"<!-- wp:divi\/placeholder \/-->","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[59,161],"tags":[],"class_list":["post-4404300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter-en","category-innovation-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - 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