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Luxembourg Cooperation Annual Report 2020
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Central America

Regional cooperation

Introduction

In Central America, Luxembourg remains a significant partner in the Central American Integration System (SICA), particularly through a project with SICA’s Secretariat General to support vulnerable groups (indigenous people, Afro-descendants and young people) in Central America, and a regional project supporting female entrepreneurs with the Centre for the promotion of micro and small business in Central America (CENPROMYPE). The latter is a key project dedicated to equality between men and women and the promotion of women’s economic rights. In view of the good results produced by the programme and this issue’s importance, Luxembourg has undertaken to finance a second phase of the programme for the 2021-2025 period, with significant support in terms of technical assistance through LuxDev.

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Lux­em­bourg also con­tin­ued its sup­port to migrant women in Cen­tral Amer­i­ca and the Domini­can Repub­lic through a region­al project with the Inter­na­tion­al Orga­ni­za­tion for Migra­tion (IOM).

In addi­tion, Luxembourg’s Devel­op­ment Coop­er­a­tion and the Min­istry of Finance have joint­ly con­tributed to the third phase of the tech­ni­cal assis­tance pro­gramme of CAP­TAC-DR (Inter­na­tion­al Mon­e­tary Fund Region­al tech­ni­cal assis­tance cen­tre for Cen­tral Amer­i­ca, Pana­ma and the Domini­can Repub­lic). This cen­tre, based in Guatemala, pro­vides tech­ni­cal assis­tance to its sev­en mem­ber coun­tries, tar­get­ing capac­i­ty-build­ing for insti­tu­tions and indi­vid­u­als for the imple­men­ta­tion of sound macro­eco­nom­ic and finan­cial policies.

In Cen­tral Amer­i­ca, Lux­em­bourg has also con­tin­ued its sup­port for the pro­mo­tion of inclu­sive finance, par­tic­u­lar­ly micro­fi­nance. Thus, the Lux­em­bour­gish asso­ci­a­tion Appui au Développe­ment Autonome (Sup­port for Autonomous Devel­op­ment — ADA) sup­ports the region­al net­work RED-CAM­IF, the aim of which is to pro­mote the micro­fi­nance indus­try. Final­ly, Luxembourg’s Devel­op­ment Coop­er­a­tion finances the tech­ni­cal assis­tance pro­gramme of the Lux­em­bourg ​‘Forestry and Cli­mate Change Fund’ (FCCF), which has the aim of re-estab­lish­ing sec­ondary or degrad­ed for­est areas in Cen­tral Amer­i­ca and mak­ing them eco­nom­i­cal­ly, eco­log­i­cal­ly and social­ly viable by engag­ing local com­mu­ni­ties while guar­an­tee­ing a long-term yield for investors in the fund.

Priority areas of intervention

  • Gender equality
  • Reduced inequalities
  • Climate action
  • Partnerships

Key achievements 2020

  • Women account for 53% of the Cen­tral Amer­i­can migrant pop­u­la­tion, and social and phys­i­cal vio­lence are major risks dur­ing the migra­tion process. Through Luxembourg’s sup­port for the IMO’s region­al pro­gramme hun­dreds of migrant women have had access to psy­cho-social and eco­nom­ic sup­port since the start of this year.
  • In order to pro­tect the envi­ron­ment in Cen­tral Amer­i­ca, Lux­em­bourg is con­tin­u­ing its region­al com­mit­ment to the Forestry and Cli­mate Change Fund by sup­port­ing local com­mu­ni­ties and re-estab­lish­ing for­est areas that have been degrad­ed as a result of cli­mate change.