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Fostering sustainable development in Latin America and the Caribbean

A new cooperation agreement between UNOPS and the Development Bank of Latin America and the Caribbean (CAF) will help countries address complex challenges and improve the lives of people across the region.

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This article was originally published on 23 September 2024. It has been updated to reflect recent developments.

Latest updates

30 January 2025

  • Further to the agreement signed in September 2024, UNOPS and CAF signed a Framework Agreement on Procedures during the International Economic Forum of Latin America and the Caribbean 2025.

  • The agreement marks a new step in the partnership and reaffirms the commitment of both organizations to fostering inclusive and sustainable development across the region, and facilitating effective project implementation where it is needed most.

  • “From here it will be easier to combine our capabilities to bring concrete sustainable development solutions to the communities that need it most in Latin America and the Caribbean,” said Fabrizio Feliciani, UNOPS Regional Director for Latin America and the Caribbean.

  • Read more

On the sidelines of the 79th Session of the UN General Assembly, UNOPS Executive Director Jorge Moreira da Silva and Executive President of CAF Sergio Díaz-Granados signed a new agreement that will further strengthen the partnership between the two organizations.

In a world facing multiple global crises, partnerships like this are instrumental. We’re consolidating the efforts we have made together with CAF to continue to improve the lives of millions of people across the Latin America and Caribbean region.

Jorge Moreira da Silva - United Nations Under-Secretary-General and UNOPS Executive Director

This agreement will help countries respond to shocks and stresses, including climate change, and accelerate progress towards the Sustainable Development Goals. Areas of focus will include the implementation of resilient infrastructure projects across the region, as well as project management, procurement and capacity building initiatives.

“This partnership with UNOPS represents a significant step towards enhancing our capacity to deliver impactful projects across the region,” said Executive President of CAF Sergio Díaz-Granado. 

“By combining CAF's financial strength with UNOPS technical expertise, we are better positioned to address the complex challenges facing Latin America and the Caribbean, ultimately contributing to the sustainable development of our member countries," he added.

Since 2017, CAF and UNOPS have worked together on projects in Bolivia, Ecuador, Panama, Paraguay and Uruguay.

Read the full press release here.


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