• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News
    • Inter-American Development Bank

    Exclusive: IDB Invest chief seeks $3B-$4.5B capital increase

    The private sector wing of the Inter American Development Bank, IDB Invest, is hoping to convince shareholder to put in billions more into the lender so it can boost its support to Latin American nations and private sector initiatives.

    By Shabtai Gold // 04 April 2023

    The private-sector wing of Latin America’s premier development bank will seek a capital increase from shareholders of $3 billion to $4.5 billion, its chief told Devex.

    This will allow IDB Invest to lend more, take on more risk, and design projects to combat climate change, according to the lender’s CEO James Scriven.

    “If I really want to have an impact on the region this is what I need,” Scriven said. It’s an “ambitious” model the bank has dubbed IDB Invest 2.0.

    This article is free to read - just register or sign in

    Access news, newsletters, events and more.

    Join usSign in
    • Banking & Finance
    • Economic Development
    • Funding
    • Private Sector
    • IDB Invest
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Shabtai Gold

      Shabtai Gold

      Shabtai Gold is a Senior Reporter based in Washington. He covers multilateral development banks, with a focus on the World Bank, along with trends in development finance. Prior to Devex, he worked for the German Press Agency, dpa, for more than a decade, with stints in Africa, Europe, and the Middle East, before relocating to Washington to cover politics and business.

    Search for articles

    Related Stories

    World Bank Spring MeetingsClimate goals quietly survive at the World Bank despite Trump tensions

    Climate goals quietly survive at the World Bank despite Trump tensions

    Food SystemsHow ADB plans to invest $40B in food systems by 2030

    How ADB plans to invest $40B in food systems by 2030

    World Bank Spring MeetingsIs this the moment for nuclear energy at the World Bank?

    Is this the moment for nuclear energy at the World Bank?

    FinanceAfrican Development Bank presidential hopefuls outline competing visions

    African Development Bank presidential hopefuls outline competing visions

    Most Read

    • 1
      How to use law to strengthen public health advocacy
    • 2
      Lasting nutrition and food security needs new funding — and new systems
    • 3
      The power of diagnostics to improve mental health
    • 4
      Supporting community-driven solutions to address breast cancer
    • 5
      Opinion: Urgent action is needed to close the mobile gender gap
    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement