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With the approval of Saint Lucia’s incorporation, CAF is consolidating its support for member countries of the Organisation of Eastern Caribbean States (OECS), which will translate into agile and flexible financing for climate action, resilient infrastructure and sustainable development projects.
(Seville, Spain. June 29, 2025) – The Board of Directors of CAF – Development Bank of Latin America and the Caribbean has approved the incorporation of Saint Lucia as a new shareholder country. The approval represents another step in CAF’s deepening engagement with the English-speaking Caribbean.
The Board’s approval marks the beginning of the formal incorporation process for Saint Lucia to become an official shareholder. As a Series “C” shareholder, Saint Lucia will gain access to CAF’s financial, technical, and knowledge-based services designed to support development priorities and improve quality of life. This is another demonstration of the strengthening of CAF’s relationship with the Caribbean and reaffirms the bank’s commitment to the region’s sustainable and inclusive development.
“We are heartened by Saint Lucia’s decision to join CAF. This represents a strong vote of confidence in our renewed agenda for sustainable, inclusive growth,” said Sergio Díaz-Granados, Executive President of CAF. “We are honoured by the trust placed in us by the Government of Saint Lucia, and we look forward to working closely with the country to advance resilience building, climate action, and regional integration.”
With Saint Lucia completing its incorporation as a Series C shareholder, joining the other countries from the Caribbean and Latin America, CAF will become the development bank with the largest presence in the LAC region.
The incorporation of Saint Lucia follows a broader institutional strategy to strengthen CAF’s Caribbean presence. In November 2022, CAF took an important step to establish its Regional Office for the Caribbean, based in Trinidad and Tobago, with the aim of consolidating its development assistance to the Caribbean, particularly in channelling assistance for climate action, water, energy and food security, sustainable tourism, modernization of infrastructure and digital transformation, among other sectors. CAF also adjusted its brand identity to include the Caribbean into its official trademark and logo to become “Development Bank of Latin America and the Caribbean.”
CAF has also approved a USD 50 million Caribbean facility to channel development financing for dedicated pre-investment and development projects across critical sectors while enhancing climate adaptation and institutional capacity in small island developing states (SIDS). The bank remains committed to providing tailored technical and financial assistance to Caribbean islands and small states that are disproportionately affected by climate change and face unique development challenges.
With the approval of Saint Lucia’s incorporation, CAF is consolidating its support for member countries of the Organisation of Eastern Caribbean States (OECS), which will translate into agile and flexible financing for climate action, resilient infrastructure and sustainable development projects.
(Seville, Spain. June 29, 2025) – The Board of Directors of CAF – Development Bank of Latin America and the Caribbean has approved the incorporation of Saint Lucia as a new shareholder country. The approval represents another step in CAF’s deepening engagement with the English-speaking Caribbean.
The Board’s approval marks the beginning of the formal incorporation process for Saint Lucia to become an official shareholder. As a Series “C” shareholder, Saint Lucia will gain access to CAF’s financial, technical, and knowledge-based services designed to support development priorities and improve quality of life. This is another demonstration of the strengthening of CAF’s relationship with the Caribbean and reaffirms the bank’s commitment to the region’s sustainable and inclusive development.
“We are heartened by Saint Lucia’s decision to join CAF. This represents a strong vote of confidence in our renewed agenda for sustainable, inclusive growth,” said Sergio Díaz-Granados, Executive President of CAF. “We are honoured by the trust placed in us by the Government of Saint Lucia, and we look forward to working closely with the country to advance resilience building, climate action, and regional integration.”
With Saint Lucia completing its incorporation as a Series C shareholder, joining the other countries from the Caribbean and Latin America, CAF will become the development bank with the largest presence in the LAC region.
The incorporation of Saint Lucia follows a broader institutional strategy to strengthen CAF’s Caribbean presence. In November 2022, CAF took an important step to establish its Regional Office for the Caribbean, based in Trinidad and Tobago, with the aim of consolidating its development assistance to the Caribbean, particularly in channelling assistance for climate action, water, energy and food security, sustainable tourism, modernization of infrastructure and digital transformation, among other sectors. CAF also adjusted its brand identity to include the Caribbean into its official trademark and logo to become “Development Bank of Latin America and the Caribbean.”
CAF has also approved a USD 50 million Caribbean facility to channel development financing for dedicated pre-investment and development projects across critical sectors while enhancing climate adaptation and institutional capacity in small island developing states (SIDS). The bank remains committed to providing tailored technical and financial assistance to Caribbean islands and small states that are disproportionately affected by climate change and face unique development challenges.
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
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