CABEI promotes blue economy opportunities in the region

Tegucigalpa, February 24th,  2022.- This Thursday, the Executive President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, participated in the First Blue Economy Forum of the SICA countries, which addressed the common vision and agreed results for the implementation of the regional blue economy strategy aimed at the sustainable growth of coastal marine resources.

At the event, Dr. Mossi announced that: "In 2022 we will launch a blue and sustainable growth initiative, contextualized in the Regional Blue Growth Strategy, to strengthen institutional arrangements, propose innovative financial mechanisms, as well as strategic investments in the public and private spheres to generate employment opportunities and income generation."

Another of the actions to be undertaken this year by the institution will be "to explore blue bond issues to finance the investments identified in the SICA region on more favorable terms, based on the experiences accumulated by our bank in the area of green bonds." 

The event was organized by the European Union, the Fisheries and Aquaculture Organization of the Central American Isthmus (OSPESCA) and the Secretary of the Central American Integration System (SICA).