Originate to Share: IDB Invest 2024 Annual Report

IDB Invest published its 2024 Annual Report includind the institution’s financial results and key metrics and achievements.

In 2024 IDB Invest started laying the groundwork for IDBInvest+, a transformational strategy to better address the region’s pressing challenges and unlock new opportunities for sustainable development. Some of the transformational reforms approved included a new Institutional Strategy and a 3.5 billion dollars capital increase to support the new business model, Originate-to-Share, designed to mobilize more private sector investment. An example of this evolving business model was the 1.0 billion dollars securitization transaction announced in October, the first of its kind in Latin America and the Caribbean, which enabled private sector investors to buy MDB assets, creating a new asset class and unlocking over 500 million dollars to reinvest in impactful projects.

IDB Invest total activity reached 9.8 billion dollars, including 5.0 billion dollars in mobilized private sector resources -accounting for 51% of its total funding. It also achieved a record level of engagement in its smaller and island (S&I) member countries, delivering nearly 1.0 billion dollars in financing -representing 13.3% of its total business volume and underscoring its commitment to inclusive regional growth. About 43% of IDB Invest new projects in 2024 involved micro, small and medium-sized enterprises (MSMEs), up from 35% in 2023.

IDB Invest continued playing an essential role in developing the thematic bond market, supporting the issuance of 52 thematic bonds in 14 countries, of which 10 were green bonds, 21 social bonds, 16 sustainable bonds, and 5 sustainability-linked bonds. It also committed resources to 13 new blended finance investments, supporting projects totaling 647 million dollars.