News
The 16th International Economic Forum on Latin America and the Caribbean took place in Paris on 22 May 2024 and focused on scaling up financing for development.
A group of 24 women from the Ngäbe Buglé region will be trained on the installation and repair of micro-electricity generation systems based on solar panels, in addition to receiving training in management and business development. Each participant will receive two solar photovoltaic system kits for their homes and businesses, positively impacting 215 families in the short term and benefiting approximately 600 people in the long term.
As part of the DINÁMICA II Initiative, the Central American Bank for Economic Integration (CABEI), the Government of Germany, through KfW, and the European Union launched today the Regional Seed Capital Program for US$5.2 million, of which US$2.8 million is exclusively for El Salvador, within the framework of the celebration of the DINÁMICA Fair, with the objective of energizing the entrepreneurial and business ecosystem, generating income and new jobs in the Central American region.
The eco.business Fund, advised by Frankfurt-based impact investment firm Finance in Motion, has granted a loan of USD 20 million to Banco Industrial do Brasil (BIB).
Through a contribution under the Triple Inclusive Finance Programme (TIF) that reinforces a previous loan granted by FONPRODE.
IDB and IDB Invest held their Annual Meetings in the Dominican Republic from 6 to 10 March 2024. During the three initial days, the 48 member countries and other stakeholders engaged in discussions concerning development challenges and opportunities in Latin America and the Caribbean.
In order to promote environmentally sustainable growth in the region, the Central American Bank for Economic Integration (CABEI), the Government of Germany, through the KfW, and the European Union (EU), through the Green MSMEs II Initiative, launched the Regional Contest for Sustainable Mobility, aimed at micro, small and medium-sized enterprises (MSMEs) in Central America with investments that contribute to the reduction of greenhouse gases.
It will make a contribution under the Triple Inclusive Finance Programme (TIF), which reinforces a previous loan granted by FONPRODE.
With the objective of discussing corporate challenges in terms of sustainability policies and projects with social, environmental and economic impact, City of Knowledge (Ciudad del Saber) developed the 'Open Doors Day and Green Business Roundtable: Promoting Sustainability', with the support of the Green MSMEs II Initiative of the Central American Bank for Economic Integration (CABEI), the European Union (EU) and the Government of Germany, through the KfW.
COFIDES will contribute with a technical assistance to the Triple Inclusive Finance (TIF) Program that reinforces a previous loan granted by FONPRODE and which has the financial support of LACIF.
