CAF approves $1.3 bln in loans at annual meeting

CAF approves $1.3 bln in loans at annual meeting

International Financial Institutions CAF Economy & Policy Debt Loans ESG Green Finance Project & Infrastructure Finance Water & Sewage South America Colombia Panama Paraguay Ecuador

South American development bank CAF has granted some $1.26 billion in loans to fund sustainable projects in Colombia, Panama, Ecuador and Paraguay, it announced on Tuesday. For Colombia, CAF approved two loans for $600 million, including $300 million for creative industries in the so-called orange economy, the development bank said in a press release. CAF also said it contributed $300 million to a loan with other multilateral agencies to fund green projects in Colombia. CAF said in another press

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