• 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
    • Devex Impact
    • Multilateral affairs

    IDB creates new institution for private sector operations

    Details of the plan to combine the multilateral bank's four existing private sector windows are being discussed at the annual meeting of the board of governors in Busan.

    By Claire Luke // 27 March 2015

    The Inter-American Development Bank is in the process of forming a new entity to handle its private sector activities, according to a bank employee with knowledge of the plans.

    Bank officials are discussing details around the new institution — which does not yet have an official name but is being referred to internally as New Corp. or IIC+ — this week at the annual meeting of the board of governors in Busan, South Korea, which ends Sunday.

    It would be the latest in a series of moves by multilateral and bilateral aid agencies over the past few years to create new financing instruments and tap into corporate investments in the developing world which far outnumber official development assistance.

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

    Access news, newsletters, events and more.

    Join usSign in
    • Private Sector
    • Banking & Finance
    • Economic Development
    • Korea, South
    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

    • Claire Luke

      Claire Luke

      Claire is a journalist passionate about all things development, with a particular interest in labor, having worked previously for the Indonesia-based International Labor Organization. She has experience reporting in Cambodia, Nicaragua and Burma, and is happy to be immersed in the action of D.C. Claire is a master's candidate in development economics at the George Washington Elliott School of International Affairs and received her bachelor's degree in political philosophy from the College of the Holy Cross.

    Search for articles

    Related Jobs

    • Deputy Head - Partnerships
      Tetra Tech
      Australia | East Asia and Pacific
    • Associate Financing Partnerships Officer
      Mandaluyong, Metropolitan Manila, Philippines | Metropolitan Manila, Philippines | Philippines | East Asia and Pacific
    • Senior Investment Officer
      Mandaluyong, Metropolitan Manila, Philippines | Metropolitan Manila, Philippines | Philippines | East Asia and Pacific
    • See more

    Most Read

    • 1
      Opinion: Mobile credit, savings, and insurance can drive financial health
    • 2
      FCDO's top development contractors in 2024/25
    • 3
      Strengthening health systems by measuring what really matters
    • 4
      How AI-powered citizen science can be a catalyst for the SDGs
    • 5
      Opinion: India’s bold leadership in turning the tide for TB

    Trending

    Financing for Development Conference

    The Trump Effect

    Newsletters

    Related Stories

    Funding insights4 strategies for diversifying funding in a post-USAID world

    4 strategies for diversifying funding in a post-USAID world

    Climate financeHow cities are getting a seat at the global climate finance table

    How cities are getting a seat at the global climate finance table

    The Trump EffectWhat the sector would like to see to replace USAID

    What the sector would like to see to replace USAID

    Devex Pro LiveAs US aid falters, development finance trends to watch in 2025

    As US aid falters, development finance trends to watch in 2025

    • 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