IDB Invest, a member of the Inter-American Development Bank Group (IDB), supports the Honduran Association of Banking Institutions (AHIBA) and its 15 member banks to launch a Sustainable Banking Initiative to identify resilience solutions to climate change and business opportunities associated with sustainable financing in the country.
The Sustainable Banking Initiative seeks to improve the social and environmental performance of the Honduran financial sector through the adoption of the best international social and environmental risk management practices.
Technical support will allow AHIBA members to identify and characterize investments in technologies, goods or services for adaptation to climate change and also to detect suppliers to reach them. In addition, facilitating elements and barriers to investment in adaptation solutions will be identified, and banks' capacities to take advantage of the business opportunities associated with climate change adaptation will be enhanced.
The 15 member banks of AHIBA are: Banco Atlántida, BAC Honduras, Banco Davivienda, Banco Ficensa, Banco Ficohsa, Banco Hondureño del Café, Banco de Honduras, Banco Lafise, Banco de Occidente, Banco del País, Banco Popular, Banco Promerica, Banrural, Banco de los Trabajadores and Banco Azteca Honduras.
About IDB Invest
IDB Invest, a member of the Inter-American Development Bank Group (IDB), is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social and environmental development in the region. With a portfolio of $12.4 billion in asset management and 342 clients in 24 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.
The Honduran Association of Banking Institutions (AHIBA) is a non-profit organization in search of the greatest good for the banking industry through direct, permanent and dynamic collaboration with its members. They constantly work to improve the conditions of the banking environment, where the rule of law and free competition is respected and direct efforts to ensure an orderly approach of banks to international standards, supporting the training of all its affiliates, thus contributing to social welfare and the development of Honduras. AHIBA has a history of more than 60 years in business, and currently works with the 15 commercial banks that operate in Honduras.