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
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During August and September 2023, an Informed Consultation and Participation process was developed in the influence area of the Bio-CLIMA Project, aimed at the Project's socialization, emphasizing the Project's components and its environmental and social safeguards instruments. The events’ results motivated the update of the Environmental and Social Management Framework (ESMF) and its instruments. ...
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CABEI opened a public consultation process to receive suggestions for strengthening its Access to Information Policy (AIP). The Bank invited all of its external stakeholders to participate in the process and to share inputs and comments to strengthen these regulation. The initial regulatory proposal can be found at the following link . The term for the public consultation expired on november 11th, ...
BACKGROUND The Central American Bank for Economic Integration's Board of Governors meeting is our institution's most important event. Every year, it is held in one of the member countries. This year, the Dominican Republic is the host country. READ MORE AGENDA Learn more about the LXIII CABEI Board of Governors meeting to be held in Dominican Republic. READ MORE ABOUT THE IMAGE Get to know the ...
Honduras – May 8, 2023 Central American Bank for Economic Integration (“CABEI”) announced today that, after June 30, 2023, Term SOFR will be the replacement reference rate for certain outstanding floating debt securities issued by CABEI under its $10 billion Medium-Term Note Program that use U.S. dollar LIBOR as the reference rate and are governed by New York law. In accordance with the fallback ...
Punta Cana, May 9th, 2023.- Important decisions that contribute to the region's economic development and social well-being are made each month at the Central American Bank for Economic Integration's (CABEI) regular Board of Directors meetings, where the LXIII CABEI Board of Governors meeting will also be held at the end of the week. "We are pleased to celebrate another Board of Directors meeting ...