IDB Invest and DFC strengthen alliance to expand international development projects

07/17/2024 Since 5 months

IDB Invest and the United States International Development Finance Corporation (DFC) strengthened their alliance through a new initiative that seeks to accelerate international development projects in Latin American and Caribbean countries.

The new technical assistance facility will be available for any project developed under the Americas Partnership Platform (launched in November 2023), through a 30 million contribution by DFC. The initiative will expand the portfolio of new projects and support those under consideration to meet the rigorous criteria for IDB Invest-DFC financing. For projects that have already received investments, the mechanism will offer guidance to maximize economic growth and ensure that they are aligned with the strategic objectives of IDB Invest and DFC, such as environmental and social sustainability.

https://idbinvest.org/en/news-media/idb-invest-and-dfc-reinforce-partnership-scale-international-development-projects-latin

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