The Inter-American Development Bank Group will hold its Annual Meeting in Chengdu, China on March 27-31, with the participation of authorities and leaders from the public and private sectors. The meeting will discuss the challenges that Latin America and the Caribbean region faces in economic growth, sustainable infrastructure investment, innovation and the future of cities, among others.
This will be the 60th Annual Meeting of the IDB Group’s Board of Governors – the Bank’s leading decision-making body that represents its 48 member countries. Most of the Governors are finance or economy ministers or central bank presidents. Additionally, the Annual Meeting includes the participation of thousands of business, social and financial industry leaders.
The IDB Group comprises the Inter-American Development Bank (IDB), which provides resources and financing to the public sector, IDB Invest, which focuses on private sector operations, and BID Lab, which mobilizes resources and knowledge to promote innovation in Latin America and the Caribbean.
During the event, the IDB Group will release its annual macroeconomic assessment of the region, which this year will focus on global economic impacts on Latin America and the Caribbean, and infrastructure financing. In addition, the IDB’s Climate Change and Sustainability Sector will issue its annual Sustainability Report. This year, the report looks at the impacts of IDB projects in cities from a sustainability angle.
The Annual Meeting will begin with a meeting of mayors from Latin America, the Caribbean, Europe and Asia. The Annual Meeting will include the Innovation for Development seminar, a Business Forum for private sector leaders, as well as seminars on regulations to support the greening of financial systems and green instruments and finance opportunities.
The Mayors Forum 2019 will gather more than 40 mayors from the main cities of Latin America, the Caribbean, and China, as well as renowned international experts. Participants will share experiences and good practices in sustainable urban development, focusing on green finance and sustainable infrastructure, air quality, sponge cities, and clean energy, among others.
The Innovation for Development seminar will provide an opportunity for representatives from the private sector, academia, entrepreneurs and governments of Asia, Latin America and the Caribbean to share lessons learned and best practices on how to use innovation and technology for a more sustainable and inclusive future. Panels will discuss issues that range from the future of FinTechs to using artificial intelligence for social good.
The Business Forum – Boosting growth through infrastructure and deeper connectivity between Asia and Latin America and the Caribbean– will bring together more than 800 participants from over 40 countries to discuss opportunities and priorities for expanding investment and public-private cooperation in international trade, energy, infrastructure, transportation, and logistics.
Original source: IADB
Published on 19 February 2019
