Manufacturing and sustainable development in Latin America

(Vienna, February 13, 2013). Enrique García, president of CAF -development bank of Latin America-- and Kandeh K. Yumkella, director general of the United Nations Industrial Development Organization (UNIDO) signed a framework agreement aimed joining forces to promote environmentally sustainable industrial production in Latin America.

 

Enrique García emphasized the areas of common interest between UNIDO and CAF, saying he was pleased with the accord signed in Vienna because it "facilitates close collaboration and reaching common goals in the area of environmentally sustainable industrial production, which is key to the transition toward a new model of economic development."

 

Kandeh Yumkella noted that "UNIDO is committed to sustainable development in Latin America and the Caribbean. The cooperation agreement with CAF will allow us to take advantage of sinergies that benefit the whole region."

 

The agreement signed by the two organizations involves cooperation in the area of public policy to implement green economy indexes, to promote sustainble manufacturing, to develop knowledge networks in renewable energy, and to promote South-South cooperation.

 

UNIDO is an agency of the United Nations, whose mandate is to promote and accelerate sustainable industrial development in emerging economies, as well as to improve the standard of living in the world's poorest countries, by marshalling its resources and global connections. For additional information, visit www.unido.org.

 

The mission of CAF -development bank of Latin America- is to promote sustainable development and regional integration, by financing projects in the public and private sectors and providing technical cooperation and other specialized services. Established in 1970, it currently has 18 shareholder nations -16 in Latin America and the Caribbean, along with Spain and Portugal- and 14 private banks, and is a major source of multilateral financing as well as an important source of knowledge in the region. More information at www.caf.com.