Call for Proposals: Regional Public Goods

Call for Proposals: Regional Public Goods

The Regional Public Goods (RPG) Initiative of the Inter-American Development Bank (IDB) is based on the premise that the countries of Latin America and the Caribbean (LAC) share numerous development challenges and opportunities that can be addressed more effectively and efficiently through regional collective action and cooperation.

The Initiative defines regional public goods (RPGs) as goods, services or resources that are produced and consumed collectively by the public sector and, if appropriate, the private, non-profit sector in a minimum of three borrowing member countries of the IDB.

The Initiative focuses on RPGs that have the potential to generate significant shared benefits and positive spillover effects. Spillover effects can be expressed in terms of scope (benefits extend beyond the originally targeted sector in each country) and/or scale (benefits extend beyond the original group of countries). Each year, the IDB solicits proposals from the region to finance projects that promote RPGs by means of collective action.

The RPG needs to be produced collectively. This means that the partner countries and institutions decide together their goal, how to achieve it. All participating countries should have equal access to the products generated collectively.

Thematic Focus

The 2024 Call for Proposals will select high regional value-added proposals that address, through collective action and cooperation among proposing institutions, a shared challenge or opportunity related to one or more of the following 3 objectives of the new Institutional
Strategy of the IDB Group:

Reduce poverty and inequality

Eliminate obstacles to economic participation and improvement in the standard of living of the poor and vulnerable in Latin America and the Caribbean.

Address climate change

Achieve a net-zero emissions future by 2050, resilient and positive for nature, in line with the Paris Agreement.

Promote sustainable regional growth

Increase the real GDP per capita of the region by promoting initiatives aimed at strengthening regional integration

How to Apply

For more information and job application details, see; Call for Proposals: Regional Public Goods

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