That is one of the main objectives of the “Meeting for Climate 2023” that began Tuesday to set up the Climate Financing Board, a platform to share information on efforts and challenges the country faces in this area. Reports indicate that the entity will promote sustainable investment in the country, and encourage inter-sectoral cooperation to maximize the impact of climate investments.
The meeting was attended by the Minister of the Sea Fernando López, Ministers of Finance and Economy, the Central Reserve Bank (BCR), El Salvador´s Agency for International Cooperation (ESCO), Secretariat of Trade and Investment, and representatives of international organizations such as the UN Development Program (UNDP).
Nowadays, national institutions related to public finance, economic development, investment, as well as environmental and climate management are expressing their commitment to mobilizing resources and implementing actions to address these mitigation and adaptation needs, López said.
The UNDP representative Maribel Gutiérrez pointed out that the response to the climate crisis requires concerted efforts between the government, financial actors, business, the private sector, citizens and international organizations.