In 2011, seven multilateral development banks held a meeting where they issued a joint statement on shared approach in road safety management. The initiative was announced by the Executive Vice President of the Inter-American Development Bank, Julie T. Katzman, World Bank's President Robert Zoellick, the mayor of New York, Michael Bloomberg, and other leaders of the public and private sectors.
The statement sets out measures of joint commitment by each institution to address the growing public health crisis associated with the deaths and injuries caused by the lack of road safety in low-income countries' roads. Areas of common interest where settled with specific lines of action for each of the participating entities. Among the areas the IDB is leading, is the development of indicators to monitor progress of the MDB initiative and the activities implemented under this framework.
Michael Bloomberg, mayor of New York, Robert Zoellick, World Bank's President, Julie Katzman, Executive Vice President of the IDB, Andrey Vasilyev, Deputy Executive Secretary of UNECE and Michelle Yeoh ambassador for the Make Roads Safe campaign at the launch of the initiative.