BCIE - Banco Centroamericano de Integración Económica

07/04/2025 | Press release | Distributed by Public on 07/04/2025 17:30

CABEI concludes successful mission in Europe, strengthening strategic alliances for sustainable development

Seville, Spain, July 4, 2025. - The Central American Bank for Economic Integration (CABEI) successfully concluded its European tour in the context of the Fourth International Conference on Financing for Development (FFD4), strengthening key partnerships and consolidating its role as a catalyst for sustainable development in its member countries.

The Bank's delegation, led by its Executive President, Gisela Sánchez, participated in an important meeting ahead of the upcoming CELAC-EU Summit, during which it held high-level meetings with strategic actors such as Sergio Díaz-Granados, Executive President of CAF, representatives of the European Union and the Community of Latin American and Caribbean States (CELAC), among others. These spaces for dialogue strengthen the joint commitment to promote transformative projects in key areas, such as the green transition, digital transformation, and human development, as well as to identify new financing opportunities that promote social equity and climate action.

"Each of the meetings we have held throughout this mission reinforces our vision of inclusive, resilient, and sustainable development. The strategic alliances we have forged will allow us to continue mobilizing resources and generating innovative financial solutions for the benefit of our member countries," said Gisela Sánchez, Executive President of CABEI.

During the visit, the delegation also participated in the official dinner hosted by His Majesty King Felipe VI, which brought together heads of state and leaders of multilateral institutions. This event provided an opportunity to strengthen diplomatic ties and position CABEI as a strategic partner in the global financial architecture.

Within the framework of the Conference, CABEI Executive Vice President Jaime Díaz participated in various high-level forums, including:

  • A working group between Latin America and the Arab Coordination Group agreed to establish an interregional working group to design innovative financial solutions and identify strategic projects for 2025 and 2026.
  • A Panel on "Unlocking Sustainable Finance through Quasi Sovereigns," which highlighted the role of multilateral development banks and subnational actors in channeling sustainable financing at the local level and raising the quality of life in communities.
  • The event, "Going Regional, Scaling Global," highlighted the competitive advantage of multilateral development banks, such as CABEI, whose proximity to member countries enables agile responses in line with their development priorities.
  • A Panel on "De-risking the Future," organized by the UNDP, in which he reaffirmed CABEI's commitment to mobilizing private capital for key sectors such as renewable energy, resilient agriculture, and water management.

Likewise, CABEI's Representative in Spain, Mauricio Chacón, participated in the panel "The Future of Commercial Debt Conversions for Nature and Climate," which analyzed the potential of commercial debt conversions as an innovative tool to channel financing toward environmental conservation and climate action without increasing the financial burden on countries.

With this mission, the Bank continues to advance the implementation of its 2025-2029 Institutional Strategy, which is based on four fundamental pillars: positive impact, high-impact finance, transparency, and operational excellence. Active participation in global forums and the strengthening of strategic alliances reaffirm its commitment to designing joint solutions that promote the economic, social, and environmental development of the countries it serves.

CABEI is consolidating its position as an engine of positive transformation, creating opportunities to improve people's quality of life.

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