The director of the Interreg Spain-Portugal (POCTEP) Joint Secretariat, Elena de Miguel Gago, participated in the Annual Meeting of the Boards of Governors of the IDB and IDB Invest, which was held in Panama City from March 16 to 19, 2023.
More specifically, she participated in the round table “Panel 2: Regional Integration as a Driver of Growth and Development”, to share the experience of the cohesion policy of the European Union and the Spanish-Portuguese cross-border cooperation within the framework of the Interreg Spain-Portugal (POCTEP) programme.
The agenda is available for download at this link: https://liveevents.iadb.org/#program
Recordings:
Youtube: https://www.youtube.com/watch?v=yWzgt-R5RzM
Facebook live: https://www.facebook.com/BancoInteramericano/videos/947858189705935
The Inter-American Development Bank (IDB) and IDB Invest will hold their 2023 Annual Meeting in Panama on March 16-19. Economic and financial leaders from their 48 member countries and the private sector discussed development challenges and opportunities in Latin America and the Caribbean, ranging from tackling climate change to ensuring equitable and sustainable growth.
The meeting took place in the Panama Convention Center.
The event is the 63rd annual meeting of the Board of Governors of the IDB and the 37th annual meeting of the Board of Governors of IDB Invest, which works with the region’s private sector.
The IDB and IDB Invest Boards of Governors are the IDB Group’s top decision-making bodies, comprising finance and economy ministers and other leading officials.
In Panama, the Governors discussed ways the IDB Group can enhance its role for Latin America and the Caribbean, as the region’s leading provider of development financing and knowledge.
The event will include seminars on priority topics and will feature the release of the IDB’s annual macroeconomic assessment of the region. Discussion topics include poverty and inequality; the climate crisis and a green transition; biodiversity; gender; diversity and inclusion; sustainable and inclusive infrastructure; and regional integration.
About POCTEP
The POCTEP programme promotes cross-border development and cooperation with FEDER funds along the Spain-Portugal border. The acronym POCTEP comes from the “Spain-Portugal Cross-Border Cooperation Operational Program” (in Spanish), the name of the Programme in the 2007-2013 period, which was later renamed the “Spain-Portugal Interreg” from the 2014-2020 period.
Today, Spain-Portugal Interreg (POCTEP) 2021-2027 is the largest cross-border cooperation programme in the EU, with a total budget of 427 million euros (FEDER for projects of 299 million). It has been prepared by the Member States of Spain and Portugal in order to address key challenges in the border area between the two countries. For its drafting, the previous diagnosis of the current situation of the area of cooperation, the strategic referents that affect it, the principles of association and multilevel governance and the results of the strategic environmental evaluation have been taken into account.
About IDB
The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region. Access virtual tour
About IDB Invest
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $15.3 billion in asset management and 375 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.
