The Government of El Salvador and the private sector have signed the first Clean Production Agreement (CPA) in the country, within the framework of the “Sustainable Industries Project”, promoted by the International Finance Corporation (IFC) of the World Bank Group in association with the Government of Japa,. It is an important regulated commitment that will strengthen the private sector competitiveness and sustainable productivity based on a more efficient use of the resources involved.

The first phase of the project will be to deploy regulatory and technical support to create an enabling ecosystem for sustainable industries and green finance. The second phase will address the strengthening of financial instruments in Salvadoran banks, to favor investments in company sustainability. Finally, resources from the financial sector will be mobilized to expand the sustainable portfolio and promote solutions for more competitive sustainable growth.

Companies adhering to the Clean Production Agreement will have access to public benefits such as mechanisms for waste recovery and the implementation of a sustainability line for co-financing through non-reimbursable funds from FONDEPRO (Ministry of Economy).