Ecobreves – CENTRAL AMERICA: Financing Micro-Enterprise to Protect Environment

By IPS Correspondents and - - Reprint | | Print |

TEGUCIGALPA, May 26 2007 (IPS) - The United Nations Development Program and the Central American Bank for Economic Integration will provide support to the tune of 27.9 million dollars to micro-business in the region that protect the environment. The project will encourage environmentally-friendly techniques for farming, forestry, ecotourism and fishing, Honduran Industry and Trade Minister Lizzie Azcona told Tierramérica.

Honduran entrepreneur Adolfo Facussé, the leading promoter of micro-enterprise through the Covelo Foundation, said in a Tierramérica interview that this support “only shows the strategic importance of micro-enterprise for the economy and for the environment.”

In Honduras, whose share of the UNDP/BCIE funds has not been determined, there are about 258,000 micro-businesses in operation.