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UN, IDB warn of funding challenges for women and their businesses

Cartagena, Colombia, Sep 6 (EFE).- Despite recent progress, there remain “challenges” in providing financing programs for women and their businesses that require investments beyond just financial capital, Inter-American Development Bank (IDB) and UN Women warned in a report unveiled on Wednesday in the Colombian port city of Cartagena. The report, centering on financing programs for …
United States Gabriela Andrade Jemimah Njuki American Development Bank Inter American Development Bank Common Summit

Development banking summit ends with commitment to UN's sustainable development goals

Cartagena, Colombia, Sep 6 (EFE).- The Finance in Common Summit (FiCS), the world’s largest gathering of development banks, concluded on Wednesday in the Colombian port city of Cartagena with a united commitment to further the UN’s sustainable development goals (SDGs) aimed at protecting the most vulnerable and preserving common global goods. “Participants shared their commitments …
United States Remy Rioux Colombian Business Development Bank Bancoldex Financial Innovation Lab French Development Agency American Development Bank

IDB president calls for closer collaboration of multilateral and public development banks

Inter-American Development Bank (IDB) President Ilan Goldfajn yesterday called for collaboration between multilateral and public development banks in the mobilizing of resources to help countries achieve the Sustainable Development Goals (SDGs) and address climate change, the IDB said in a press statement. Goldfajn made the pleas during the Finance in Common Summit (FiCS) which began yesterday in
United States Ilan Goldfajn Sustainable Development Goals Sdgs American Development Bank Multilateral Development Banks Mdbs Public Development Banks Pdbs

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IDB unveils plan to boost bio-business in Ecuador's Amazon - La Prensa Latina Media

Cartagena, Colombia, Sep 5 (EFE).- The Inter-American Development Bank (IDB) and the National Corporation of Popular and Solidarity Finance (CONAFIPS) introduced a plan on Tuesday to stimulate bio-business in the Ecuadorian Amazon, aiming to assist microenterprises, producer cooperatives, and medium-sized companies. “We are about to start delivering tangible results: in Ecuador, one of the members(…) …
United States Ilan Goldfajn Green Coalition National Corporation Of Popular Coverage Fund Green Coalition Of Development Banks

Development banks key to channeling private capital into infrastructure projects

Cartagena, Colombia, Sep 5 (EFE).- Public development banks play a crucial role in directing private capital towards infrastructure projects, according to a study by the Inter-American Development Bank (IDB). Preliminary findings were unveiled Tuesday in Cartagena during the Finance in Common Summit (FiCS). Joan Prats, the leading financial specialist for Connectivity, Markets, and Finance at …
United States Anderson Caputo Joan Prats American Development Bank United Nation Sustainable Development Goals University Of The Andes

Experts highlight financing barriers faced by medium-sized businesses

Cartagena, Colombia, Sep 5 (EFE).- A panel of experts in the Colombian port city of Cartagena warned Tuesday about the “significant barriers” small and medium-sized enterprises (SMEs) face in Latin America and the Caribbean when seeking financing and access to capital. Ana Marรญa Ibรกรฑez, Vice President of Sectors and Knowledge at the Inter-American Development Bank …
United States Dominican Republic Alexis Cruz Natalia Dias Ismael Villanueva Brigitt Bencich

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