The Development Bank of Latin America and the Caribbean – CAF has announced an investment of US$10 billion up to 2031 to finance projects that promote regional integration in Latin America and the Caribbean. The announcement was made by Sergio Díaz-Granados, CAF’s executive president, during the International Forum on Regional Integration, held in Cartagena on 19 and 20 May 2026.

The funds will be allocated to strategic sectors such as physical and digital infrastructure, intra-regional trade, energy, tourism, innovation, logistics and mobility. The aim is to strengthen connectivity between countries, reduce socio-economic disparities and enhance regional competitiveness in the face of changes in the global economic and geopolitical landscape.

Díaz-Granados pointed out that regional integration has become essential if Latin America and the Caribbean are to play a more significant role in global value chains, make progress on the energy transition and strengthen food security. He also stated that this process can help to create jobs, tackle informality and protect the region’s strategic ecosystems.

CAF highlighted that the region has already made significant progress towards integration. Among these developments are the reduction in tariffs since the 1990s, the agreement between Mercosur and the European Union, regional electricity markets in Central America, and the expansion of submarine cables such as Humboldt and Firmina, which strengthen digital connectivity. Furthermore, tourism and intra-regional air connectivity have already surpassed pre-pandemic levels.

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