Our action

Highlights from the approvals granted over the course of the year include sovereign loans linked to the water and sanitation sector for the second stage of an aqueduct in Bahía Blanca; the second phase of the implementation project of the Integral Management Plan for the Luján River Basin; and the Emergency Flood-response Project Financing Program. For the Luján River Basin project, CAF finalized efforts to mobilize resources of the Green Climate Facility (GCF) and French development agency AFD.

CAF also approved a loan for the construction of the Paseo del Bajo in the City of Buenos Aires, provided the financing for the Support Program for the Development of Public-Private Partnership Projects and a financial credit facility for Banco de la Nación Argentina.

Among its non-sovereign operations, CAF approved a loan for YPF to finance part of the company’s LNG transport, storage and liquefaction projects. In addition, CAF continued supporting the sectors of renewable energy, agro-industry and small and medium-sized enterprises through corporate and financial credit facilities.

Finally, 17 operations using development cooperation funds were implemented in the amount of USD 1.3 million. This amount was distributed among the following fields of action: institutional development with 55%, external relations and strategic positioning with 22%, and climate change and environment with 17%.

Some of the emblematic development cooperation actions requested by the country this year were: Program of Multiple Environmental Actions for the Promotion of the Sustainable Development Goals in Argentina (PAAM/ODS) and the revision of the effectiveness of Argentina’s Governance and Organizational Model.