Managua, 19 th septiembre de 2023.— The Central American Bank for Economic Integration (CABEI), committed to environmental sustainability and aware of the impact of its operations and administrative activities in Nicaragua, gathered a total of 30 volunteers, including employees and their families, to reforest an area of 1.22 hectares in the Natura Reserve, located at kilometer 54.5 on the highway ...
Cancún, October 25, 2023.- In compliance with the previously defined schedule, the CABEI Board of Directors, after a rigorous interview and evaluation process, has chosen the shortlist of three candidates that will be submitted to the Board of Governors of the Institution to select to the new Executive President. As has been announced, the candidate selection process has been conducted by the ...
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 ...
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
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. ...
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 ...
Guatemala City, August 1st, 2023.- To promote regional competitiveness and foster job creation, the Central American Bank for Economic Integration (CABEI) and the Ficohsa Financial Group in Guatemala signed a US$15 million credit line. The alliance between the two institutions will make it possible to channel resources to companies engaged in foreign trade activities, thus facilitating the import ...
San Salvador, September 8th, 2023 .- With the objective of improving business services and strengthening the technical capacities of MSMEs, the Asociación Agencia de Desarrollo Económico Local del Departamento de la Unión, ADEL La Unión, and the Central American Bank for Economic Integration (CABEI) through the DINAMICA II Initiative, with the support of the European Union and the Government of ...