CAF will reach 35% green financing in 2024
November 19, 2024
September 25, 2002
"This event is not just another crafts fair – CAF director of external relations Ana Mercedes Botero said - it is a cultural encounter which promotes sustainable human development, with the aim not only of raising the standard of living in the region through the economic component which is a source of employment and self-employment, but even more due to the social impact of strengthening the social fabric of the community."
Sustainability versus transitional improvements
"Based on an integrated approach, and with backing from foreign trade ministries and banks in the five Andean countries and NGOs, the objective is to form networks of institutions which support the transformation of thousands of craftspeople into promoters of their own development through actions and policies that include training - particularly in design and innovation - and improved coordination with the market," CAF director said.
Despite the region’s cultural wealth, most of our craftspeople live in subsistence conditions, mainly in the rural sector with the deficiencies in infrastructure typical of such areas. “We have the talent and human capital, but we suffer from problems and barriers caused by deficient production capacity and poor marketing.”
In this respect, this meeting is the starting point for implementing a series of activities by CAF and Artesanías de Colombia to promote the formation of clusters of craftspeople in the Andean countries. Clusters are spaces which group enterprises or companies from the same industrial sector which then work closely with their suppliers, and gain better access to inputs, services, technology and information. These relations stimulate improvements in the quality of products, reduce transaction costs, and allow enterprises to benefit from the advantages of a climate of continuous emulation and learning, and develop capacity for innovation through exchange of knowledge.
In pursuit of a more harmonious relationship with market requirements, CAF is financing training workshops throughout the Andean region, jointly with national foreign trade banks. In Bolivia, Ceprobol contributed to organizing the meeting by financing and operating training workshops in several cities of the country, and partially financed the international buyers’ mission which will be at the event.
Crucible of artistic expressions
The participating craftspeople represent a national tradition which creates its own identity and coalesces into a strong integrationist pillar, with the aim of joining forces to solve the problems which are common to all, as is their main competitive advantage: human capital which is revealed in the variety, creativity and artistic skills which can be appreciated from October 9 to 20 in Plaza de los Artesanos.
The meeting will be opened by First Lady of Colombia Lina Moreno of Uribe, CAF President & CEO Enrique García, and Colombian Foreign Trade Minister Jorge Humberto Botero, with the presence of First Vice President Raúl Diez Canseco of Peru, country which has given priority to the crafts sector on its development agenda.
November 19, 2024
November 19, 2024
November 19, 2024