Sustainable development agreement for CAF and U of T Engineering

On September 25,  Dr Enrique García, President of CAF – the development bank of Latin America – signed a letter of intent with U of T’s Faculty of Applied Science & Engineering to explore innovative methods for sustainable urban development. UTTRI will be the focal point for the University’s collaboration with CAF.

CAF is one of the largest sources of financing for infrastructure in South America, providing more funding for projects than the World Bank and the Inter-American Development Bank combined. The organization stresses sustainable growth and regional integration, involving 18 countries in Latin America, the Caribbean and Europe, as well as 14 private banks in the Andean region.