CAF Joins the United Nations
Bank present Enrique García noted that “in recent years, CAF has consolidated it position as the development bank of Latin America. This new dimension positions us as a regional player that performs a vital role in promoting integration and sustainable development, and in projecting the Latin American region on the global stage. The moment had arrived for CAF to join the United Nations.”
“In this way,” added García, “CAF continues to build bridges between Latin America and the rest of the world.”
The participation of CAF as an observer in the General Assembly will allow it to play a more active role in following through on key issues related the regional and international agenda, which the UN addresses and which are consistent with CAF’s mission to promote sustainable development and regional integration.
In addition, CAF’s oberver status will strengthen its relationships with other organizations that are part of the United Nations system, allowing for more effective coordination of programs and activities in areas of common interest.
The General Assembly is the deliberative body that respresents the United Nations and is responsible for policy formulation. UN observers are invited to participate and voice their opinions in the General Assembly meetings. It is worth noting more than 60 international orgnaizations qualify as observers, including other multilateral institutions such as the World Bank, the Inter-American Development Bank (IADB) and the Asian Development Bank.
CAF's more recent content
VOTE HERE and choose the Region Brand for Latam and the Caribbean
Co-Investment on Climate Information and Early Warning Systems
Between 1970 and 2019, 79% of disasters worldwide involved weather, water, and climate-related hazards. These disasters accounted for 56% of deaths and 75% of reported economic losses associated with natural hazard events. The intensity and frequency of climate-related disasters are projected to increase as climate change intensifies, thus presenting a significant risk to achieving the goals of the Paris Agreement, the Sendai Framework for Disaster Risk Reduction and overall Sustainable Development.