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Wednesday, 13 February 2013

UNIDO, CAF sign agreement aimed at promoting environmentally sustainable manufacturing in Latin America

VIENNA, 13 February 2013 - Kandeh K. Yumkella, Director General of the United Nations Industrial Development Organization (UNIDO), and Enrique García, President of CAF, the Development Bank of Latin America, signed a framework agreement aimed at 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 towards 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 create synergies that will 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 sustainable 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.

The mission of CAF 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.

For more information on CAF, please visit www.caf.com.

For further information on UNIDO, please contact:

Mikhail Evstafyev
UNIDO Advocacy and Communications Coordinator
Mobile +43-699-1459-7329
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