Takeaways from the 2025 Annual Meetings
Annual Meetings: Full Implementation Mode and Common Interests
The 2025 Annual Meetings of the IDB and IDB Invest in Santiago, Chile, have concluded. In his closing address, President Goldfajn provided an update on the implementation of IDBImpact+, our set of transformations for enhanced impact and scale, including a capital increase for IDB Invest. They are expected to increase our annual financing capacity by $130 billion over a decade – and better translate those investments into results for Latin America, the Caribbean, and the world.
Gathering nearly 4,800 participants, the Meetings showed strong alignment on areas of common interest, including development through the private sector, resilience, security, and effectiveness in the Bank’s work.
Introducing the IDBImpact+ 11
Do you want to know what we’re prioritizing to turn the promise of a bigger and better bank into a reality?
Watch our new video to learn about the IDBImpact+ 11, a group of key reforms to expand and innovate in our financing, empower the private sector, and tackle cross-border challenges.
A Region Better Prepared and More Resilient
Latin America and the Caribbean is the second-most disaster-prone region in the world. Last year, it experienced 74 major disasters that affected nearly seven million people and caused an estimated $10 billion in damage.
At the Annual Meetings, the IDB launched “Ready and Resilient Americas,” a regional initiative supported by 37 countries and 16 organizations to improve preparedness and response, including through improved risk assessment, cross-border coordination, and innovative financial instruments.
A More Integrated South America
Through better connectivity, stronger value chains, and modernized institutional frameworks, the Bank’s new “South Connection” program will help South American countries overcome historical barriers and generate new opportunities.
Co-created by the continent’s countries and launched in the Chilean capital, the regional effort aims to tap the potential of integration to create more employment, higher incomes, and new investment opportunities.
Toward a New Level of Care
In Latin America and the Caribbean, the percentage of people aged 60 and older is projected to more than double, increasing from 12% to 25% by 2050.
The region’s older adults, children, and people with disabilities are the direct beneficiaries of “IDB Cares,” a new, institution-wide effort to address the shortage of high-quality, affordable care services and infrastructure – while creating jobs and accelerating growth in the process.
General Manager EURODISA
16hAs a Latin American, I am hopeful about the opportunity for the IDB to focus on issues that are crucial to our development. It is critical that the organization prioritize cybersecurity, the responsible implementation of AI, and AI-powered education, as these technologies have the potential to transform our lives for the better. Furthermore, extreme poverty remains a concern for many in the region, so the IDB must continue working on social assistance, education, and inclusive economic development programs. I am also excited about the possibility of integrating South America's energy markets and strengthening infrastructure, especially roads and trains, that connect us. This would not only facilitate trade and tourism but also boost regional integration. The IDB has a fundamental role in the future of Latin America, and I am confident that with a well-defined agenda that addresses the needs of our region, we can move toward a more prosperous and sustainable future.