JP:Signing investment agreement for the Private Sector Development Trust Fund for Latin America and the Caribbean (overseas investment and financing): Promoting achieving SDGs in the region through initiatives by private companies, 国際協力機構

JICA and IDB Sign Contribution Agreement for Central America and the Caribbean Private Sector Development Trust Fund

Tokyo, February 18, 2025 – The Japan International Cooperation Agency (JICA) and the Inter-American Development Bank (IDB) signed a contribution agreement for the Central America and the Caribbean Private Sector Development Trust Fund. The agreement provides financial support from JICA to the trust fund, which will promote the achievement of the Sustainable Development Goals (SDGs) in the region.

The Central America and the Caribbean Private Sector Development Trust Fund was established by the IDB in 2023 to support private sector development in the region. The fund will provide financial and technical assistance to private sector companies working to address social and environmental challenges, such as climate change, poverty reduction, and gender equality.

JICA’s contribution to the trust fund will provide additional financial resources to support the fund’s activities. JICA is committed to promoting sustainable development in Central America and the Caribbean, and its contribution to the trust fund will help to strengthen the private sector’s role in achieving the SDGs.

“We are pleased to join the IDB in supporting the Central America and the Caribbean Private Sector Development Trust Fund,” said JICA President Shinichi Kitaoka. “The private sector plays a vital role in promoting sustainable development, and this trust fund will provide valuable financial and technical assistance to companies working to address the challenges facing the region.”

“The contribution from JICA is a strong endorsement of the trust fund’s mission,” said IDB President Mauricio Claver-Carone. “The private sector is a key partner in achieving the SDGs, and this trust fund will help to unlock its potential to drive sustainable development in Central America and the Caribbean.”

The signing ceremony was held at the IDB headquarters in Washington, D.C. Representatives from JICA and the IDB attended the ceremony.

Signing investment agreement for the Private Sector Development Trust Fund for Latin America and the Caribbean (overseas investment and financing): Promoting achieving SDGs in the region through initiatives by private companies

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