During a visit to the Global Alliance’s Support Mechanism in Rome, President Goldfajn discussed the IDB’s contributions to the development of an integrated financing framework to support country-led efforts
Rome, Italy, 19 June 2026 – The President of the Inter-American Development Bank (IDB), Ilan Goldfajn, visited the headquarters of the Global Alliance Against Hunger and Poverty’s Support Mechanism in Rome on June 19, meeting with the Director of the Support Mechanism, Renato Domith Godinho, and his team to review the IDB’s engagement with the Alliance and discuss next steps.
The visit builds on commitments the IDB made when the Alliance was launched at the G20 Leaders’ Summit in November 2024. The IDB committed up to US$25 billion between 2025 and 2030 to support country-led programmes aligned with the Global Alliance’s Policy Basket and is on track to deliver on that commitment. In 2025, the IDB approved US$4.1 billion in aligned operations and, in 2026, is expected to approve an additional US$5.8 billion in aligned investments – including US$2 billion in targeted cash transfers – bringing the total to nearly US$10 billion in the first two years.
During the meeting, President Goldfajn emphasized the importance of private sector-led growth to create jobs and support sustainable poverty reduction. At the same time, he underscored the need to accelerate progress toward eliminating extreme poverty by expanding coverage and strengthening the effectiveness of adaptive social protection programmes, including cash transfers, for the most vulnerable populations.
To support this objective, the Global Alliance is developing a framework to better align financing around country-led implementation plans by matching country needs with available resources across multilateral, bilateral, philanthropic, humanitarian, and climate-finance partners.
The proposed approach would provide a voluntary mechanism to better integrate financing around national plans focused on adaptive social protection and resilient local food systems. IDB will provide inputs into the mechanism’s design based on its experience with collaborative financing platforms and help bring in other regional development banks and stakeholders.
The IDB’s engagement is already translating into action at the country level. In Haiti, the Bank is supporting the government’s cash transfer programmes as part of a broader package to strengthen maternal, neonatal, and child health, nutrition, and school feeding. These efforts are being implemented in coordination with the World Bank, UN agencies including the World Food Programme, and partners such as Education Above All and the Global Partnership for Education, with facilitation being conducted by the Alliance’s Support Mechanism. The programme provides an early example of the country-led delivery approach that the Global Alliance seeks to support and scale.
The discussions reaffirmed both parties’ commitment to supporting country priorities and advancing financing solutions that can scale impact and reach the most vulnerable populations.
About the Inter-American Development Bank
The Inter-American Development Bank (IDB), a member of the IDB Group, is devoted to improving lives across Latin America and the Caribbean. Founded in 1959, the Bank works with the region’s public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise, and knowledge, it promotes growth and well-being in 26 countries.
About the Global Alliance against Hunger and Poverty
Launched at the G20 Summit in Brazil in 2024, the Global Alliance against Hunger and Poverty aims to accelerate progress towards ending hunger and poverty through coordinated support from its members for national, large-scale, evidence-based policies and programmes. The Alliance has grown to over 215 members, including more than 107 countries, 31 international organizations, 14 international financial institutions, and over 63 philanthropic and non-governmental organizations.
