President Mossi's participation in high-level dialogue on climate action in the Americas is noteworthy

08/09/2021

In the last five years CABEI has invested close to US$4.989 billion in operations with a climate focus, accompanying the region towards a resilient and inclusive economy.

Tegucigalpa, September 8, 2021.- The Central American Bank for Economic Integration (CABEI) Executive President, Dr. Dante Mossi, participated this Wednesday in the high-level dialogue on climate action in the Americas in which strategies and potential alliances for the implementation of innovative means to integrate climate action into post-pandemic recovery in the Americas were analyzed.

At the event entitled "Innovative Mechanisms for Means of Implementation," CABEI presented the Bank's progress in terms of investments and operations for climate change adaptation and mitigation in the region, in line with its 2020-2024 Institutional Strategy.

During his speech, Mossi emphasized: "we are a Green Bank, we are an entity accredited by the Green Climate Fund and we have strategic allies, including the Republic of South Korea, the Republic of China (Taiwan), Spain, Germany, and the European Union for the implementation of adaptation and mitigation projects in the sectors of electric mobility, water and sanitation, energy, and the acquisition of hybrid or electric vehicles".

CABEI is currently working on the design of financial instruments such as the Theoretical Framework of Greens and Social Bonds linked to social and environmental indicators that take into account the climate change commitments assumed by the governments of the region.  

The virtual event was attended by U.S. Special Climate Envoy John Kerry and UN Secretary General António Guterres; the President of Argentina, Alberto Fernández; the Prime Minister of Barbados, Mia Amor Mottley; the President of Colombia, Iván Duque Márquez; the President of Costa Rica, Carlos Álvarez Quesada; the President of Panama, Laurentino Cortizo; the Minister of the Environment of Chile and President of COP 25, Carolina Schmidt, as well as representatives of multilateral organizations.

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