UK reaffirms commitment to sustainable development in Latin America and the Caribbean with US$100 million capital increase in IDB

The UK has reaffirmed its support for sustainable development in Latin America and the Caribbean by announcing a US$100 million capittal increase in the Inter-American Development Bank (IDB). This includes backing the IDB’s “Originate to Share” business model and plans for a potential fivefold increase in the UK’s capital share in the institution.

Source: Jamaica Observer

Related Stories