Our impact

When AES arrived in Colón in 2016, it faced many social challenges. One of the biggest problems was the unemployment rate, in particular the youth unemployment rate which had soared to 48%. That's why the AES team implemented the “Preparandome con Energia” program to develop technical skills, improve the living conditions and increase access to better opportunities for local youth; in alignment with UNSDG 4 and 8 (Quality education and Decent Work & Economic Growth).

Competitive Funds is a social program that aims to fund different projects that contribute towards the social and economic development of the community. This initiative was done in response to the high unemployment rate in the province and the many small businesses and potential entrepreneurs that existed, in line with UNSDG 8.

AES Panamá is supporting the conservation of wildcats in Panamá, in alliance with Yaguara Panama Foundation through their project “Conservation of wildcats and prey species through public-private partnerships and human-jaguar conflict management in Panamá." This project is supported by the GEF (Global Environmental Facility) and other private companies, in support of UNSDG 15 to protect life on land and halt biodiversity loss.

AES has restored 5.4 hectares of mangroves in the Island of Galeta, a protected area in Panamá. In order to fulfill the environmental compensation of the Colón project, in compliance with IFC principles, and in line with UNSDG 15 to protect life on land. This reforestation and restoration of mangroves is designed under the "like-for-like or better" principle.

In face of the public health crisis taking place in Panamá and in the world, AES Panamá launched a series of solidarity actions aimed at supporting local institutions in the fight against the COVID-19 pandemic and the vulnerable communities impacted by virus.