#2022WCA: DFC's Scott Nathan on Promoting Development and Investment in the Americas

The International Development Finance Corporation head spoke on regional challenges, such as climate change, income inequality, and the infrastructure gap.

The Western Hemisphere is a priority for the International Development Finance Corporation (DFC) ensured CEO Scott A. Nathan at the 52nd Annual Washington Conference on the Americas. He emphasized some of the region's top challenges, such as the fight against climate change, income inequality, and the infrastructure gap. However, Nathan continued: "Along with these challenges comes a huge opportunity, the opportunity to invest and improve people's lives."

He further explained the DFC's priorities and strategy for the region. “The DFC uses investment tools to mobilize the private sector and help close financing gaps for private investment," he said. "Above all we look for commercially viable projects with already identified private sector partners. To those in the business community in attendance today, we are eager to work with you where our tools can help make the difference in closing the gap.”

The DFC has successful partnerships in several Latin American counties and communities, explained Nathan. Citing examples, he noted that “these are the kind of innovative, high-impact projects that we are working on in the region, and also around the world." He concluded by saying that the DFC's "commitment to the countries and communities of the Western Hemisphere is strong, but there is a lot more work we can do.”