Tegucigalpa, September 29 th , 2023.- The rating agency Standard & Poor's (S&P), confirmed the long-term international risk rating of the Central American Bank for Economic Integration (CABEI) at "AA"; with a stable outlook. According to S&P, CABEI's rating reflects its financial strength, manifesting in the institutional risk profile its key role in Central America along with the expansion of its ...
San Salvador, October 2th, 2023 .- Volunteers from the Central American Bank for Economic Integration (CABEI) in El Salvador carried out a reforestation day in El Espino Ecopark in order to help maintain the forest cover of this protected area and offset the environmental impact generated by the Bank's paper consumption during 2022. A total of 40 people participated in this important activity, ...
Madrid, October 2nd, 2023.- As the multilateral institution that provides the largest amount of resources to promote economic growth and well-being in the Central American region, the Central American Bank for Economic Integration (CABEI) participated in the "Multilateral Networking Meeting: Opportunities in Central America for companies in Castilla and León" in Spain, organized by the Institute ...
Tegucigalpa, October 10, 2023. Unlike other international organizations, the Constitutive Agreement of the Central American Bank for Economic Integration (CABEI) stipulates that its Executive President must be chosen from a short list of three candidates selected on a competitive basis. By virtue of this, and having decided not to reelect the current Executive President, an international public ...
San Salvador, October 5th, 2023 .- The DINAMICA II Initiative of the Central American Bank for Economic Integration (CABEI), the European Union (EU) and the Government of Germany through KfW, will award six prizes for a total value of US $15,000 to the most innovative micro and small businesses (MSBs) that participate in the Specialized Diploma in E-commerce. This will be facilitated by the Micro ...
Bio-CLIMA Project: Integrated Climate Action to Reduce Deforestation and Strengthen Resilience in Bosawás and Río San Juan Biosphere. The Bio-CLIMA Project: "Integrated climate action to reduce deforestation and strengthen resilience in the Bosawás and Río San Juan Biospheres,” aims to support the Caribbean Region of Nicaragua in the transition of an economic development model based on the ...
San Salvador, October 3 , 2023 .- A total of 26 entrepreneurs (of which 21 are women) from the department of San Vicente, El Salvador, completed a training process aimed at encouraging the development and implementation of business projects. These were facilitated by the Agroinnova business growth program, with the support of the DINAMICA II Initiative of the Central American Bank for Economic ...
Component #1 "Conserve and Produce for Life" would involve actual physical activities and local direct investments. Component #2 "Good Governance" would mainly involve strengthening regional and local environmental authorities, including the Indigenous Territories Governments (GTI), and facilitating dialogue mechanisms to improve the business climate for sustainable investment by the private ...
The "Environmental and Social" and "Disclosure" Policies of the Green Climate Fund and CABEI establish the obligation to disclose the documents regarding the environmental and social safeguards of the Project by CABEI, the Accredited Entity, and MARENA, the Executing Agency, by the available means, promoting the permanent participation of interested parties. GCF Environmental and Social Policy GCF ...
Project Funding Funding Source Funding Type Amount in US$ Green Climate Fund (GCF) Loan Grant $ 37,954,962.00 $ 26,139,067.00 Central American Bank for Economic Integration (CABEI) Loan $ 44,265,979.00 Global Environment Facility (GEF) Grant $ 8,282,213.00 --------- Total Amount: $ 116,642,221.00