CAF joins the Global Emerging Markets Risk Database Consortium (GEMs)

"This incorporation reinforces CAF's commitment to the highest standards of comprehensive risk management, as well as to transparency in international markets, expanding our capacity to mobilize resources for projects that promote energy transition, social inclusion and climate resilience in Latin America and the Caribbean. This is a strategic step that consolidates our vision as a green bank and agent of global solutions," said Ramón Ferro of CAF's Corporate Risk Management.

GEMs is recognized for its technical work and for its ability to generate databases that demonstrate the financial soundness of multilateral banks. These results have been key to strengthening the confidence of rating agencies, regulators and international investors.

CAF's integration into the consortium is part of its institutional strategy of comprehensive risk management and adds new tools to support financial sustainability. With this alliance, the bank joins a select group of multilaterals that collaborate in the production and dissemination of technical knowledge on credit in emerging markets.

In addition to its technical dimension, GEMs provides a platform to make visible the role of multilaterals in financing sustainable development and the risk nature of their operations, having a direct impact on capital markets, as evidenced by the recent review and methodological adjustment process conducted by S&P Global Ratings, which used information from the consortium in its analysis of multilateral institutions.

For shareholder countries, CAF's presence in GEMs represents additional support for the operations financed, as it provides more robust financial information aligned with best market practices. This provides greater security to expand investments in infrastructure, innovation, biodiversity and regional integration.

With this decision, CAF reaffirms its commitment to the highest standards of governance and prudential management, while strengthening its leading role in technical debates on development financing. Its membership consolidates it among the leading multilateral banks that share a common vision of sustainability and financial soundness.

Meet the members of the GEMs: