IDB Invest General Capital Increase (IDBi GCI)
Description
IDB Invest (IDBi) is the arm of the IaDB Group that invests in the private sector. IDBi is seeking a GCI to scale up operations from $6.75bn to between $13bn and $17bn annually in each of its borrowing member countries while increasing development effectiveness and impact. It will do so through an 'originate-to-share' approach, with greater upstream activity to create and prepare new projects and to develop new markets. It will manage its capital efficiency by greater risk transfer through securitisation of the portfolio. It will aim for private capital mobilisation between 1:1.7 to 2, equity investment, including high-risk investments with potential development impact. UK priorities are: delivery of G20 CAF review; DFI reform; and increased support for climate goals and for Caribbean borrowers. The UK intends to increase its shareholding from 0.22% to 1% through its contribution to the GCI, which would cost approximately £60m (£9m/year over 7 years; 2025-2031).
Location
The country, countries or regions that benefit from this Programme.
Status Implementation
The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.
Programme Spend
Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.
Participating Organisation(s)
Help with participating organisations
Accountable:Organisation responsible for oversight of the activity
Extending: Organisation that manages the budget on behalf of the funding organisation.
Funding: Organisation which provides funds.
Implementing: Organisations implementing the activity.
- Accountable
- Funding
Sectors
Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.
Budget
A comparison across financial years of forecast budget and spend to date on the Programme.
Policy Marker(s)
ODA measures in relation to their realisation of OECD development policy objectives
Download IATI Data for GB-GOV-1-400170