As part of its growing commitment to transparency and open development data, CAF – Development Bank of Latin America and the Caribbean – launched its first Transparency Report on Tuesday 25 March 2025.
READ: CAF Transparency Report 2024
The event marks a major step forward for CAF as a member of the International Aid Transparency Initiative (IATI), reinforcing its role as a regional leader in institutional openness and access to information.
Presentation of CAF's Transparency Report at ECLAC, 25 March 2025
Held during CAF’s Board meeting at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile, the launch brought together senior representatives, experts and partners.
Representing IATI was Georgiana Braga-Orillard, UNDP Resident Representative in Chile, attending on behalf of the IATI Secretariat, which is hosted by UNDP. The IATI Secretariat has supported CAF throughout its journey to publish high-quality, accessible development data.
Watch Georgiana Braga-Orillard, UNDP Resident Representative in Chile discussing IATI at the CAF Transparency Report launch event:
CAF began publishing IATI data on their financing in 2024, sharing over 150 development activities across 14 countries, totalling more than USD 5 billion. Using the IATI Standard, CAF is helping ensure that information on its activities is open, comparable and easy to access – enabling stronger coordination, better outcomes, and greater trust across the region.
The report was presented by CAF’s Secretary General, Alejandra Claros Borda, followed by a panel discussion on "Transparency as a pillar of development and growth in Latin America and the Caribbean.” The discussion brought together transparency experts, including Sally Paxton at Publish What You Fund to exchange perspectives on open data, accountability and citizen engagement. CAF’s Executive President, Sergio Díaz-Granados Guida, delivered closing remarks.
CAF’s Transparency Report offers an overview of the bank’s progress in promoting institutional transparency. It details their actions to improve public access to documents, expand engagement channels with citizens and stakeholders, and open new avenues for collaboration – particularly with subnational governments, the private sector, and on climate-related initiatives.
The publication of CAF’s first Transparency Report follows the bank’s Access to Information and Institutional Transparency Program, launched in 2023. This programme laid the groundwork for CAF’s IATI publication, bringing together teams from across the institution – including IT, communications, operations and risk – to build internal capacity and ensure sustainability.
Through its partnership with IATI, CAF is demonstrating how transparency and cooperation can accelerate sustainable development across Latin America and the Caribbean.
Read more in Case studies: Driving access to data across Latin America and the Caribbean