Friday
October 28
2022

CABEI and the Republic of Honduras Formalize $250 Million Agreement to Strengthen the Energy Sector

For the benefit of more than 9 million Hondurans, the Central American Bank For Economic Integration (CABEI) and the Republic of Honduras formalized a US$250 million Development Policy Operation (DPO) that will lay the groundwork for a plan to reduce electricity losses and promote a sustainable energy transition.

The resources were approved by the multilateral at its last Board of Directors meeting in September, and are aimed at promoting the development of four key areas for the development of Honduras: improving the operational and financial performance of the electricity subsector, increasing inclusive access to energy, strengthening compliance with international agreements on climate change, and improving the transparency of public information on sustainable development projects.

photo courtesy of Ian Mackenzie.

Source: BNamericas (link opens in a new window)

Categories
Energy, Environment
Tags
clean energy, climate change, electricity, energy access, environment