WASHINGTON, CMC—The Inter-American Development Bank (IDB) launched a call for proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean. This initiative supports regional projects involving three or more countries.
The RPG Initiative provides non-reimbursable financing for solutions to shared development challenges through regional cooperation among at least three IDB borrowing member countries.
The IDB said that since 2005, the RPG Initiative has financed more than 200 projects estimated to be worth US$160 million.
The IDB said that this year, the RPG will finance regional coordination proposals aligned with one or more of the following three core objectives of the IDB Group’s new Institutional Strategy: reducing poverty and inequality, addressing climate change, and bolstering sustainable growth.
The iDB said that proposal information can be accessed at the RPG Initiative website and that all proposals must be presented by the Terms and Conditions applicable to the Call for Proposals.
The proposals must be submitted via the online form before 05:00 pm (US Eastern Standard Time) on May 22 this year.
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