Glasgow Financial Alliance for Net Zero launches Caribbean Chapter to mobilize private capital and strengthen regional capacity

The Glasgow Financial Alliance for Net Zero (GFANZ) has launched a Caribbean Chapter, extending its Latin America and Caribbean Network to address local barriers to investment and support capital mobilization across the region. The Chapter will work with partners including multilateral development banks to identify high-potential projects and strengthen the project pipeline by connecting local projects and financiers with technical assistance and project preparation support. It will also support capacity building for Caribbean financial institutions on risk management, transition planning, and disclosures, including through workshops and events convened with initiatives such as the Global Capacity Building Coalition. Governance will include support from the GFANZ global secretariat, leadership by a GFANZ Caribbean Chapter Director, and a consultative group to shape priorities and the workplan, chaired in its first year by Racquel Moses; initial members include CAF – Development Bank of Latin America and the Caribbean, the Caribbean Development Bank, the Eastern Caribbean Central Bank, and Republic Financial Holdings.