Tegucigalpa, May 6th, 2021.- The Dry Corridor of Central America, which extends from Guatemala to Panama, and the arid zones of the Dominican Republic, are among the most vulnerable areas to climate change in the world. In recent years, the frequency and intensity of extreme weather events has increased, in detriment of millions of families who depend on subsistence agriculture and livestock and who live in poverty.
In order to address this problem, the Central American Bank for Economic Integration (CABEI), in collaboration with the UN Environment Programme, developed the proposal "Ecosystem-based Adaptation to increase climate resilience in the Central American Dry Corridor and the Arid Zones of the Dominican Republic". The objective of the project is to contribute to the transformation of the region by facilitating access to micro-financing so that these vulnerable communities adopt adaptation strategies focused on the recovery of ecosystem services that reduce the impacts of climate change, while creating market opportunities for small-scale financial institutions to play a multiplier role in climate action.
This Environmental and Social Management Framework (ESMF) was prepared in the context of the proposal to ensure that the activities incorporate sufficient measures to prevent, minimize, reduce and, where appropriate, offset any adverse impact on people and the environment. CABEI, as the accredited entity, will be supported by Food and Agriculture Organization of the United Nations (FAO) and the Central American Commission for Environment and Development (CCAD) for the execution of the proposed activities.