Partnership between the World Bank and the Inter-American Development Bank (IDB) to promote innovation, attract private investments, and foster digital development.

The alliance between the World Bank and the IDB aims to boost support for efforts to achieve net-zero deforestation in the Amazon, strengthen the Caribbean's resilience to natural disasters, and reduce the digital divide in Latin America and the Caribbean. Additionally, MIGA and IDB Invest will work together to mitigate political risk in the region. These entities, along with the International Finance Corporation (IFC) of the World Bank, will collaborate to attract more private sector investments to the region.