World Bank, IDB to deepen cooperation on Amazon, Caribbean, digital access ...Middle East

The World Bank and Inter-American Development Bank said on Thursday they plan to deepen their cooperation on Western Hemisphere development efforts, including preserving the Amazon rainforest, Caribbean disaster resilience and digital access across Latin America. The four-year agreement to be signed on Thursday makes good on a pledge that World Bank President Ajay Banga and IDB president Ilan Goldfajn made in June, during a joint trip to Peru and Jamaica, to collaborate more and compete less on projects as both institutions seek to scale up financing for development and to fight climate change and other global crises.

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