This publication was drafted by the Regional Group on Financing and Infrastructure (GREFI), formed by Asociación Ambiente y Sociedad (AAS) from Colombia, Derecho, Ambiente y Recursos Naturales (DAR) from Peru, Fundar, Centro de Análisis e Investigación from Mexico, and the Fundación para el Desarrollo de Políticas Sustentables (FUNDEPS) from Argentina. The paper describes the current infrastructure financing landscape in Latin America and the Caribbean, introducing the diverse actors present in this context, as well as the current trends towards weakening normative frameworks for national, regional and multilateral banks and the national frameworks of the countries that benefit from such loans and financing.