CABEI co-sponsors forum on the Challenges of Climate Change and Natural Disasters in Central America

Tegucigalpa. - The Central American Bank for Economic Integration (CABEI), the region’s financial arm, which contributes to its development and helps its member countries deal with the various large-scale natural disasters that have increased the Isthmus’s social, economic and environmental vulnerabilities, is co-sponsoring a forum called, "Challenges of climate change and natural disasters in Central America" at the Brooking’s Institution Falk Auditorium in Washington DC.
 
The event, which was inaugurated this morning, will feature a group of experts who will discuss the implications of climate change for Central America, the funding for climate change mitigation and adaptation, as well as the relationship between poverty, the environment and climate change, among other topics.

CABEI Executive President Dr. Nick Rischbieth explained that one of the Bank’s priorities is support for the financing of regional environmental projects, as well as strengthening its portfolio of sustainable development projects.

Dr. Rischbieth added that, along the same line, the Bank has made environmental protection a key factor in its operations, which includes the immediate environment where the Bank operates, the projects it finances and interinstitutional coordination with the objective of promoting the environmental and social sustainability of the Central American region.

CABEI’s 2010-2014 Institutional Strategy establishes environmental sustainability as a cross-cutting strategic axis to ensure that all the Bank’s operations promoting development will not only improve Central Americans’ quality of life but also ensure the sustainable development of the territory and its resources.

"Challenges of climate change and natural disasters in Central America" was co-hosted by the Brookings Institution, a non-profit public policy organization based in Washington DC. Its mission is to conduct high quality independent research and make innovative and practical recommendations that promote democracy and ensure a more open, safe and cooperative international system.