The Inter-American Development Bank Group (IDB Group) has reaffirmed its commitment to tackling hunger and poverty, reporting strong progress toward a major funding pledge made through the Global Alliance Against Hunger and Poverty. During a visit to the Alliance’s Support Mechanism headquarters in Rome, IDB Group President Ilan Goldfajn met with Director Renato Domith Godinho and senior officials to review ongoing cooperation and discuss future priorities.
The Global Alliance was launched during the G20 Leaders’ Summit in November 2024 with the goal of helping countries expand effective programs that reduce poverty, strengthen food security, and support vulnerable populations. As part of that effort, the IDB Group committed up to $25 billion between 2025 and 2030 to support initiatives aligned with the Alliance’s objectives. The institution has already made substantial progress toward that target. In 2025, the IDB approved $4.1 billion in related projects, while an additional $5.8 billion is expected to be approved in 2026. Combined, the two years will account for nearly $10 billion in investments.
Photo: Patrick Zachmann/Magnum Photo for FAO