The Development Bank of Latin America and the Caribbean (CAF) announces the creation of a new financing mechanism, the Venezuela Recovery and Reconstruction Fund, to support recovery after the earthquakes that hit Venezuela on June 24. According to CAF’s statement and related reporting, the fund is set up to consolidate contributions from governments and international organizations and to channel financing toward reconstruction and recovery efforts in the affected areas. The announcement frames the fund as a dedicated vehicle for organizing resources and directing assistance following the disaster. Both outlets describe the initiative as a CAF-led response focused on rebuilding and recovery, rather than a single immediate grant. Details beyond the fund’s purpose—such as the amount pledged, participating contributors, or specific project categories—are not included in the excerpts provided. The reports state that CAF has launched the fund following the earthquakes, using it to coordinate and mobilize support for Venezuela’s recovery needs.