CABEI was part of the World Circular Economy Summit

20/06/2022

The second edition of the renowned event was held on June 15 and 16 with the participation of stakeholders from all sectors from more than 40 countries.

Buenos Aires, June 20th, 2022.- The guidelines adopted by the Central American Bank for Economic Integration (CABEI) that guarantee the adequate environmental and social management of its operations and how it has been able to strategically address the challenges in this area in the region were some of the topics discussed during the multilateral's participation in the second edition of the World Circular Economy Summit held in the city of Córdoba, Argentina.

The event was organized by the municipal entity BioCórdoba and its objective is to create a space for debate and exchange of possible production and consumption alternatives to protect the environment. CABEI's country chief officer for Panama and Argentina, Carlos Moreno, provided details on the multilateral's contribution to achieving the Sustainable Development Goals in the Sustainable Financing: Strategies to Promote Circular Economy panel.

CABEI Executive President, Dr. Dante Mossi, commented, "We are very pleased to be invited to this important event because we are aware that sustainable development is a model that contemplates the growth of economies hand in hand with environmental preservation and social wellbeing, a commitment that we have adopted at CABEI over the years."

CABEI Director for Argentina and Colombia, Maximiliano Alonso, said, "Establishing spaces for dialogue and the exchange of knowledge and experiences on sustainable development issues is becoming increasingly relevant as they result in new business models that increase competitiveness and improve people's quality of life."

In its more than 60 years of history, CABEI has reaffirmed its role as the most important source of multilateral financing for the Central American region, with a participation of close to 50%, focusing its efforts on avoiding, mitigating, compensating and measuring the environmental and social impacts of its operations through the implementation of its Environmental and Social Strategy.

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