IATI is proud to announce that CAF - Development Bank of Latin America and the Caribbean, has published data on the financing of over 150 development activities across 14 countries totalling over 5 billion USD in the bank's first IATI publication.
This publication marks a significant milestone in the transparency of development resources in Latin America and the Caribbean. By becoming an IATI Member, and sharing data about resource flows and their results, CAF is showcasing how cooperation among regional partners can drive regional growth, developing local solutions that accelerate progress towards shared development goals.
CAF is a development bank committed to improving the quality of life for all in Latin America and Caribbean by promoting sustainable development and regional integration. The bank offers advice and financial support to public and private sectors of its shareholder countries, including Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, El Salvador, Honduras, Panama, Paraguay, Peru, Dominican Republic, Trinidad and Tobago, Uruguay and Venezuela.
As an IATI publisher, CAF will publish and regularly update detailed, open data about its development activities using the IATI Standard. This data is available to all, and can help stakeholders across government, civil society and the private sector to track financial flows and the impact of CAFs investments.
"Being a member of IATI is evidence of CAF’s dedication to advancing a culture of openness and strengthening public trust in all our actions."
Alejandra Claros Borda, Secretary-General of CAF, said:
“Being a member of IATI is evidence of CAF’s dedication to advancing a culture of openness and strengthening public trust in all our actions. Thanks to efforts to promote transparency, in addition to being accountable to our Governing Bodies and citizens, we also promote an environment where the final beneficiaries can have a participation and voice in the projects we finance.
At CAF we are committed to continuing implementing measures that strengthen transparency and promote access to clear, understandable and accessible information for our shareholders, alliances and in particular for the citizens of Latin America and the Caribbean.”
Yemesrach Assefa Workie, IATI’s Executive Director, said
“IATI is delighted that CAF is joining more than 1600 organisations regularly publishing data about their development and humanitarian projects worldwide. By sharing their data openly using the IATI Standard, CAF is demonstrating how accessible, high-quality data can strengthen regional cooperation to drive more effective development outcomes. This data will show the power of transparency to build trust, improve coordination and ultimately deliver better outcomes for the communities CAF serves.”
Discover the benefits of becoming an IATI member and contact the IATI Secretariat: [email protected] for any questions about membership.