
Development Bank of Latin America (CAF)
The Development Bank of Latin America (CAF) is a regional financial institution established to promote sustainable development in Latin America and the Caribbean. It provides loans, technical assistance, and advisory services to public and private entities for projects in areas like infrastructure, social development, and environmental sustainability. CAF supports economic growth and regional integration by financing initiatives that improve residents' quality of life. Its members include various Latin American countries, as well as Spain and Portugal, reflecting a collaborative effort to address common challenges and foster development across the region.