IDB Unveils $112B Lending Plan to Boost Private Sector Over 10 Years

IDB President Ilan Goldfajn says lending capacity could reach $112B over a decade with fresh capital for private arm.

Plan to raise capital for IDB Invest to be ratified in March; will concentrate capitalization on private sector.

IDB looking into more collaboration with IMF, World Bank in region after partnerships on Amazon and Caribbean.

Member countries anxious about high rates and cost of capital amid global economy concerns.

Goldfajn Green bonds need to become indicator-based instruments that can measure deforestation, CO2 emissions.