
CAF approves grant funding to Barbados for Caribbean's Arts Festival
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CAF-AM Uruguay officially launched the ESG Rating of the CAF I Fund, positioning itself as a regional benchmark in sustainable investments during the conference organized by CAF in Montevideo.
November 01, 2024
During the "ESG in Infrastructure Financing" conference organized by CAF -development bank of Latin America and the Caribbean- in November 2024 in Montevideo, CAF-AM Uruguay officially presented the ESG Rating of CAF Fund I, granted by Fix SCR, a subsidiary of Fitch Ratings. This recognition positions CAF-AM as a regional leader in the implementation of Environmental, Social and Governance (ESG) criteria, fully aligned with the Environmental Guidelines and Safeguards established by CAF.
In the framework of this important event, Alberto Ñecco, CEO of CAF-AM, highlighted the growing relevance that ESG criteria are acquiring within the financial sphere, particularly in the financing of infrastructure projects. Ñecco said: "ESG criteria are transforming the financing of infrastructure projects, driving investments that guarantee profitable and sustainable development for communities and the environment. We are moving towards a more responsible future, promoting investments that generate a positive impact in our countries."
The presentation of this ESG rating underscores the strategic vision of CAF and CAF-AM in promoting sustainable development in Latin America and the Caribbean, reinforcing its commitment to responsible investments that, in addition to generating financial returns, seek a positive impact in social and environmental terms.
With this launch, CAF-AM consolidates its position as a regional benchmark in sustainable financing, strengthening its leadership in the implementation of ESG policies in the financial and infrastructure sector.
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