CAF at the Blue Economy and Finance Forum (BEFF) 2025
CAF -development bank of Latin America and the Caribbean-, will be participating in the Blue Economy and Finance Forum (BEFF) 2025, an event organized in collaboration with the Principality of Monaco, to be held in Monaco this June 7 and 8.
Event date:
June 07, 2025 - June 07, 2025
In person
The Blue Economy and Finance Forum (BEFF) will bring together experts, policymakers, investors and innovators to drive sustainable investment, cutting-edge innovation and policies to ensure the long-term health of our oceans and economies. As a vital platform to exchange ideas, foster collaboration and showcase the latest developments in the blue economy, the Forum aims to catalyze the development of a resilient and thriving ocean ecosystem that benefits both current and future generations.
In this space CAF seeks to amplify the visibility and international encounter for Latin America and the Caribbean in this space, forming and strengthening alliances to generate innovative financing opportunities that promote the sustainable management of marine ecosystems. By promoting technological innovation, strengthening strategic alliances, integrating the blue economy into public policies and supporting the development of technical capacities, CAF seeks to reaffirm its commitment as the green and blue bank, seeking to inspire other global actors in the transition to a sustainable ocean economy.
Date: June 7-8, 2025
LEARN MORE ABOUT CAF'S PARTICIPATION IN OCEAN WEEK
About the Blue Economy and Finance Forum (BEFF)
The Blue Economy and Finance Forum (BEFF), co-organized with the Principality of Monaco, seeks to promote a sustainable and regenerative ocean economy, serving as a key platform for exchanging ideas, fostering collaboration and presenting solutions for a sustainable future.
The ocean is vital to our planet, acting as its largest carbon sink and home to diverse marine ecosystems. It also supports countless livelihoods and economies around the world. By 2030, the economic value of the oceans is estimated to exceed $3 trillion, making them the world's fifth largest economy. The ocean is crucial for global trade, food security and the development of sustainable energy sources such as offshore wind power. It also offers enormous potential in marine genetic resources for medicine and agriculture.
However, realizing this potential requires international cooperation to combat resource depletion, ocean acidification, overfishing and pollution. The BEFF will bring together global experts, policy makers, investors and innovators to highlight the critical role of sustainable investment, cutting-edge innovation and forward-thinking policies to ensure the long-term health of our oceans and economies.
CAF and its commitment to the oceans
Ocean biodiversity is fundamental to life on Earth, providing food, regulating the climate, sequestering carbon and offering environmental protection. Its conservation generates significant socioeconomic value, making it an essential strategic asset not only for ecological, but also for economic and social reasons. Recognizing this crucial role, the preservation of marine biodiversity has become a global priority.
In this framework, CAF has made a commitment to become the Green Bank of Latin America and the Caribbean, allocating USD 25 billion for green operations over the next five years, with a specific investment of at least USD 1.25 billion between 2022 and 2026 for marine and coastal projects. CAF promotes a strategic vision for ocean conservation in the region, aligned with its green role, the SDGs, the 2030 Agenda, the Paris Agreement and the future Global Biodiversity Framework, seeking to foster multilateral agreements that promote sustainable policies and practices for regional and global well-being.
Agenda
Day 2
June 08, 2025
Day 1
June 07, 2025
Plenary Session 3: Transforming Blue Ports and Maritime Transport
Panel 1: Navegar hacia un futuro sin combustibles fósiles para el transporte marítimo
Panel 2: Navegar del laboratorio al mercado
