Guatemala City, September 27th, 2023.- To strengthen early warning mechanisms and manage and disseminate timely information in crisis situations, the Central American Bank for Economic Integration (CABEI) financed the project "Expansion, Improvement and Modernization of the Seismological, Meteorological and Hydrological Observation Networks for the Prevention of Natural Disasters", implemented in ...
Tegucigalpa, September 28 th , 2023 .The Central American Bank for Economic Integration (CABEI) reopened a social bond for 5,000.0 million Mexican pesos (MXN), equivalent to US$290.1 million, in the Mexican capital market, making it the fourth consecutive issuance of social bonds in Mexico and the eighth with a sustainable label so far this year. The placement of blue and social bonds at the ...
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, ...
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 ...
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 ...
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 ...
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 ...
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. ...