From March 20 to 28, CAF will hold more than 30 activities in Santiago and other regions of Chile as part of its Board of Directors and Shareholders’ Meeting. These events will address key issues for the region’s sustainable and inclusive development, bringing together government officials, the private sector, multilateral organizations, and the academic community.

During the Board of Directors meeting, CAF will present financing operations to support strategic projects that drive economic, social, and environmental transformation in Latin America and the Caribbean. These decisions play a crucial role in mobilizing resources toward priority sectors such as infrastructure, energy, water and sanitation, education, digitalization, sustainability, and climate action.

As part of this agenda, CAF will unveil the Economy and Development Report (RED), marking 20 years as a key reference in analyzing the region’s most pressing economic and social challenges. Additionally, CAF will launch its Agricultural Prosperity Strategy, its Security and Justice for Development Strategy, and its Transparency Report.

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Agenda

*Santiago de Chile Time

Day 5

March 25, 2025

Day 6

March 26, 2025

Day 7

March 27, 2025

Day 8

March 28, 2025

Day 1

March 20, 2025

Day 2

March 21, 2025

Day 3

March 22, 2025

Day 4

March 24, 2025

    Launch of the Economy and Development Report (RED): "Knowledge That Transforms: Twenty Years Driving a Prosperous, Inclusive, and Sustainable Future"

    This event highlights 20 years of the Economy and Development Report (RED), a key knowledge platform that has played a crucial role in promoting sustainable development and regional integration across Latin America and the Caribbean.

    Location: El Mercurio

     

    Energy Transition and Sustainable Mining: The Role of Multilateral Banking

    The region holds key mineral wealth for the global energy transition. Harnessing this potential sustainably can catalyze economic development and enhance competitiveness for its countries. This session, with representatives from the regional mining sector, will explore the challenges and solutions for realizing this potential.

    Location: ECLAC, Prebisch Room

    Roundtable: Financing Health – From Spending to Investment in Chile

    A space for dialogue on how health investments can become a driver of sustainable development by integrating technological innovations and cost-effective strategies to address current challenges and anticipate future needs in the sector.

    Location: ECLAC, Room 2

    Presentation of the 2024 CAF Transparency Report

    This session will provide a clear and accessible overview of CAF’s transparency and information access practices, reinforcing the institution’s commitment to accountability, openness, and trust among its shareholders and stakeholders.

    Location: ECLAC, Prebisch Room

     

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What You Need to Know

Answer

CAF’s Board of Directors is its highest decision-making body, composed of representatives from shareholders in Series A, B, and C—typically Ministers of Economy and Finance, Central Bank Presidents, and senior economic authorities from member countries.

Main Functions

 

  • Define CAF’s policies and oversee its management.
  • Appoint the Executive President.
  • Approve loans, investments, and the annual budget.
  • Grant guarantees and delegate approvals to the Executive Committee or the Executive President.

Responsibilities of the Board Chair

Elected for a one-year term, the Chair leads three Board meetings, as well as sessions of the Shareholders’ Assembly and the Audit Committee.

Through its Board of Directors, CAF ensures effective governance aligned with the region’s sustainable development goals.

 

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Answer

The Shareholders’ Assembly is CAF’s highest governing body, responsible for approving strategic decisions and overseeing the institution’s management. It is composed of Series A, B, and C shareholders and convenes either as an Ordinary Session (once a year, within 90 days after the fiscal year ends) or as an Extraordinary Session, depending on the matters to be addressed.

Main Functions

 

  • Approve the Board of Directors' annual report and audited financial statements.
  • Determine the allocation of CAF’s profits.
  • Elect members of the Board of Directors.
  • Appoint external auditors.
  • Address any other formally submitted matters.

As CAF’s highest authority, the Shareholders’ Assembly ensures transparency and sustainability, guaranteeing that its decisions contribute to the development of Latin America and the Caribbean.

 

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