Группа IDB и JICA расширили партнерство на 6,5 млрд долларов для развития Латинской Америки

THE Inter-American Development Bank Group (IDB Group) yesterday said it has expanded its partnership with the Japan International Cooperation Agency (JICA) to US$6.5 billion, which is expected to generate approximately US$7.5 billion in additional resources, based on the average of recent years. The financing for Latin America and the Caribbean also adds critical minerals and agriculture as strategic areas of cooperation. It said a new memorandum of cooperation (MoC) with JICA and Japan’s Ministry of Finance will also support health and care systems across the region. The agreements were signed during IDB Group president Ilan Goldfajn’s visit to Tokyo to mark the 50th anniversary of Japan’s membership in the IDB. They increase co-financing under the Cooperation for Economic Recovery and Social Inclusion (CORE) framework from four to five billion US dollars and raise the ceiling of the Trust Fund Achieving Development of Latin America and the Caribbean (TADAC) from one to US$1.5 billion for private-sector investment. Goldfajn said Japan has been one of the IDB Group’s closest and most trusted partners in advancing development across Latin America and the Caribbean. “As the bridge between Japan and the region, the IDB Group connects Japanese financing, expertise, and innovation with public- and private-sector efforts to accelerate sustainable growth. By expanding our cooperation framework and trust fund, we are scaling that impact and reaffirming our shared confidence in the region’s future,” said Goldfajn. JICA president Akihiko Tanaka said for Japan, the countries of Latin America and the Caribbean are important partners, with which Tokyo shares universal values and which are also important suppliers of resources and food. “The agreements signed today represent an important step in further advancing the longstanding partnership between JICA and the IDB Group. Through them, we will bring together our respective financing, expertise, and networks to address the diverse development challenges facing the region. “JICA will continue to work closely with the IDB Group to translate these frameworks into concrete development impacts and contribute to inclusive and sustainable growth across the region,” Tanaka added. Created in 2011, CORE supports co-financing and co-investment in development in Latin America and the Caribbean in areas including infrastructure, disaster-risk reduction and resilience, global health, poverty reduction, and climate-shock mitigation for non-sovereign operations. It also supports collaboration across the IDB Group, including coordinated JICA and IDB Lab co-investments in venture funds that back innovative companies and entrepreneurial ecosystems in the region. Under the new agreement, CORE’s financing target increases to US$5 billion through 2031, with agriculture and critical minerals added as new areas of cooperation. These additions reflect Latin America and the Caribbean’s growing role as a global supplier of food, energy transition inputs, and critical minerals essential to batteries, electric vehicles, and other strategic industries.