CABEI Volunteers carry out reforestation day in Camino de Cruces National Park in Panama
In the last 12 years, the multilateral has planted almost 20,000 trees in the region, as part of the actions of its Corporate Social and Environmental Responsibility System.
Panama City, August 8th, 2022 - As an initiative to offset the environmental impact of its operations and administrative activities in the country, more than 35 volunteers from the Central American Bank for Economic Integration (CABEI) in Panama joined forces to contribute to the planting of 400 trees in the Camino de Cruces National Park.
"As the Green Bank of Central America, we recognize that the impacts of climate change represent a clear threat to the economic and social development of the countries, which is why we are contributing to minimize and mitigate its effects through these reforestation activities," said Dr. Dante Mossi, CABEI's Executive President.
Panama, like other countries around the world, is vulnerable to the effects of climate change, and CABEI's commitment, through compliance with its Environmental and Social Strategy, is to continue supporting environmentally sustainable initiatives aimed at social development, competitiveness and regional integration.
Throughout its 60-year history, the multilateral has ratified its role as the most important source of financing for the region, promoting sustainable development as an economic model in complete harmony with environmental preservation and social well-being.