CABEI present at the Summit for a New Global Financial Pact

Tegucigalpa, June 30nd, 2023.- The Central American Bank for Economic Integration (CABEI) is one of the members of the select group of guests invited to the Summit for a New Global Financial Pact to be held this June 22nd and 23rd at the Palais Brongniart in Paris, France, which aims to strengthen international cooperation to coordinate efforts to fight poverty, climate change and biodiversity loss.

The event organized at the initiative of the President of France, Emmanuel Macron, will serve as a platform for discussions aimed at building the foundations of a new international financial pact to help the most vulnerable countries.  

CABEI, as Central America’s development bank, demonstrates its commitment to be the strategic ally of its member countries to achieve their development and economic integration, and thus have an effective impact on the well-being of their inhabitants.

The crucial meeting was opened by President Emmanuel Macron, UN Secretary-General António Guterres, and will be attended by approximately one hundred world leaders including heads of state, international organizations, and representatives of the private sector and civil society.

Committed to meeting the Sustainable Development Goals (SDGs) and in line with its 2020-2024 Institutional Strategy, the 29 development interventions approved in nine countries in the region during 2022 will make a significant contribution to the SDGs, especially in El Salvador and the Dominican Republic, where it will contribute to SDG 13.

It is important to mention that the 2022 projects will also contribute extensively to SDG 17 on partnerships for the achievement of these Goals, as the Bank is an active manager of local, regional and international relationships to promote sustainable development.