(18 November 2011) Today, the Economic Commission for Latin America and the Caribbean (ECLAC) and the German Federal Ministry for Economic Cooperation and Development (BMZ), signed an agreement to launch a cooperation programme for development over a two-year period.
The agreement was signed by the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, and the Deputy Director General for Latin America and the Caribbean, Policy Issues and Organization of Bilateral Development Cooperation for BMZ, Dorothee Fiedler.
The Federal Ministry for Economic Cooperation and Development has been supporting ECLAC for more than 20 years by financing projects. In 2003, both organizations set up a strategic alliance with the aim of deepening their cooperation and mutually benefiting from the capacities of each body.
Launch of the programme agreed to today "Promoting low carbon development and social cohesion in Latin America and the Caribbean" will begin in 2012 and will be in force until 2014. This will be carried out using the results achieved by the existing cooperation programme of ECLAC and the Government of Germany.
The new agreement sets two priority areas for collaboration: climate change and opportunities for achieving low carbon development; and promoting a new State-market-society balance for equality and environmental sustainability in Latin America and the Caribbean.
The issues which both organizations will work on in the first area include, in particular, fiscal policy, innovation and renewable resources and energy efficiency. In the second area, the focus will be on promoting fiscal and social covenants to achieve equality in the region.
Any queries should be addressed to the ECLAC Public Information and Web Services Section. E-mail: email@example.com; Telephone: (56 2) 210 2040.