Panama is getting $75 million from the Central American Bank for Economic Integration (CABEI) to help protect and restore its forests, the bank announced. The money will help Panama strengthen public policies for forest conservation through a Development Policy Operation. CABEI approved the investment to support Panama’s role as an environmental leader in the region.
The funding comes with eight specific actions to improve sustainable forest management in Panama. These include new regulations for certified forest use and legal transport and marketing of timber from natural forests and commercial plantations. The goal is to create more organized and transparent management that protects ecosystems while allowing responsible use of forest resources.
Panama’s forests play a key role in keeping the planet healthy. They regulate water cycles, capture carbon, protect against natural disasters, and provide homes for thousands of species. The program will also restart the National Forest Management Council as a place for consultation and technical coordination. This council will promote a sustainable forest value chain that helps rural communities and supports social and economic development.
The bank said this type of project shows its commitment to the well-being of the countries it serves. CABEI wants to build a greener, more resilient, and fairer future where natural wealth is protected and valued as a driver of sustainable development.
Panama has been working to balance economic growth with environmental protection. This funding will help the country continue its leadership role in forest conservation across Central America.
