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Topic(s): Financing for development

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Investment in Strategic Sectors and International Cooperation are Key to the Region’s Development in the Current, Critical Situation

25 Oct 2022 | News

Representatives of governments and international organizations recognized today the importance of investing in sectors that would promote economic growth, the decarbonization of economies and social inclusion in order to make progress on Latin America and the Caribbean’s sustainable development in the current context of crisis, on the second day of the thirty-ninth session of the Economic Commission for Latin America and the Caribbean (ECLAC), which is taking place through Wednesday, October 26 in Argentina. The day began with the High-level seminar. Panel 3 - Sectoral investment and strategie…

ECLAC convenes Caribbean Development Roundtable meeting in Suriname

11 Oct 2022 | Announcement

What: Seventh (7th) meeting of the Caribbean Development Roundtable. When: 12 to 13 October 2022 (Opening ceremony at 8 am). Where: The Royal Torarica Hotel, Kleine Waterstraat 10, Paramaribo, Suriname. Background Information The Caribbean Development Roundtable brings together regional and international development thinkers and practitioners, leaders and senior policymakers from ECLAC member States and associate member countries, representatives of the UN System, regional and international financial institutions, academia, and civil society, including the private sector, as well as o…

Experts Address New Challenges of International Cooperation and Their Impact on Latin America and the Caribbean’s Development

14 Sep 2022 | News

Experts from international and multilateral organizations, along with government officials from various Latin American and Caribbean countries, participated in a high-level seminar on the new challenges of international cooperation and their importance for furthering the region’s development in a complex context such as the current one. The event, entitled New challenges and new perspectives on international cooperation: Development approaches from Latin America and the Caribbean, took place on September 13-14 at the headquarters of the Economic Commission for Latin America and the Caribbean (…

Representatives Agree to Move Forward on the Financial Structuring of Projects and Address that Gap in Climate Finance in View of the Upcoming COP27, Presided by Egypt

2 Sep 2022 | News

Government representatives from numerous countries in the region, as well as international organizations and multilateral and private financial institutions, concluded this Friday, September 2, their debates at the Roundtable on Climate Finance and the Energy Transition in Latin America and the Caribbean – which took place at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile – with a call to escalate action on climate finance and activate projects and a strengthened institutional framework, ahead of the upcoming COP27. The event, which w…

Regional Forum on Investment and Financing for Climate Action in Latin America and the Caribbean Will Be Held at ECLAC

30 Aug 2022 | Announcement

High-level government authorities and officials from international organizations, along with representatives of the private sector, development and commercial banks and multilateral and bilateral cooperation partners, will participate in the Roundtable on Climate Finance and the Energy Transition in Latin America and the Caribbean, which will take place on September 1-2 at the central headquarters of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile. The event, which will be held using a hybrid format (in-person and virtual), is one of the fi…

Issuance of Sustainability-linked Bonds by Latin American Companies in International Markets Grows Exponentially in 2021

30 Mar 2022 | News

The use of environmental, social and governance (ESG) instruments by debt issuers from Latin America and the Caribbean (LAC) in international markets has grown very rapidly in the last two years. In particular, in 2021 there was an exponential growth in the international issuance of sustainability-linked bonds (SLB) by companies in the region, according to a new Economic Commission for Latin America and the Caribbean (ECLAC) report published by the Commission’s Office in Washington DC. LAC ESG International Bond Issuance by Type of Instruments (US$ Million) Source: authors’ elaboration…

Authorities and Experts Debate on Strategies to Boost Vaccine Production Capacities in Latin America and the Caribbean

25 Feb 2022 | News

More than 70 international authorities, experts and stakeholders from all over Latin America and the Caribbean met at the Second Regional Technical Workshop for Vaccine Manufacturing in Latin America and the Caribbean, as a follow-up to the First Workshop held at the end of October 2021. This virtual event was co-organized by the Ministry of Foreign Affairs of Mexico, the Coalition for Epidemic Preparedness Innovations (CEPI), the Economic Commission for Latin America and the Caribbean (ECLAC) and the Pan American Health Organization (PAHO). In the course of the two days of the meeting, govern…

Regional Integration and Solidarity are Essential to Confront Growing Global Asymmetries and Disparities Between Developed and Developing Countries

4 Feb 2022 | News

Regional integration and solidarity are essential to confront the growing global asymmetries and disparities between developed countries and developing countries, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), emphasized today during the Coordination Segment of the United Nations Economic and Social Council (ECOSOC), where she referred to the causality and linkages between variables to build back better with an integrated policy strategy. “Even as recoveries continue, divergence in growth rates, vaccination rates, fiscal stimulus, ac…

Alicia Bárcena Urged for Strengthening Multilateral, Regional, Subregional and National Banks and Improving their Coordination to Respond to Latin America and the Caribbean’s Financing Challenges

3 Dec 2021 | News

Strengthening multilateral, regional, subregional and national development banks, while also improving cooperation and coordination among them, is key for responding to the region’s financing challenges in the context of the crisis prompted by the COVID-19 pandemic, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), indicated today during a hybrid meeting (in person and virtual) organized by the Government of Costa Rica following the thirty-sixth session of the Commission’s Committee of the Whole, held at United Nations headquarters. Reg…

ECLAC Urges the International Community to Work More and Better to Close Global Asymmetries in Financing and Resilience to Climate Change

6 Nov 2021 | News

The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, urged the international community today to work more and better to close global asymmetries in financing and resilience to climate change, during a side event at the United Nations Climate Change Conference, COP26, which is taking place in Glasgow, Scotland. “We welcome recent commitments on curbing methane emissions; halting deforestation; financing cleaner energy infrastructure; and the internalization of climate risks in the operations of financing institutions, including the IMF.…

Member States and Associate Countries of the Caribbean Development and Cooperation Committee will Address Challenges to Accelerate the Recovery and Strengthen Economic Resilience in the Subregion

3 Nov 2021 | Announcement

On Friday, November 5, the Member States and Associate Countries of the Caribbean Development and Cooperation Committee will meet virtually in order to address the challenges posed by the recovery from the COVID-19 crisis and to strengthen economic resilience in the subregion at the twentieth meeting of the Monitoring Committee of this subsidiary body of the Economic Commission for Latin America and the Caribbean (ECLAC). The Caribbean Development and Cooperation Committee (CDCC) officially meets every two years, its main objectives being to promote and strengthen economic and social cooperati…

Growing Global Asymmetries between Developed and Developing Countries Hinder a Post-Pandemic Recovery with Greater Equality and Sustainability: ECLAC

18 Oct 2021 | News

Presentation by Alicia Bárcena, ECLAC Executive Secretary (PDF). The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, participated today in a high-level dialogue between the United Nations Regional Commissions and the Second Committee (on economic and financial matters) of the global organization’s General Assembly, where she flagged the growing global asymmetries between developed countries and developing nations, above all in terms of access to vaccines and financing, as well as concentration of wealth, income and technolog…

Fighting Illicit Flows and Tax Non-Compliance and Alleviating Debt are Key to Expanding Developing Countries’ Fiscal Space: ECLAC

28 Sep 2021 | News

Fighting illicit trade flows, tackling tax non-compliance and establishing mechanisms to alleviate the debt of the most vulnerable nations are key actions for expanding developing countries’ fiscal space amid the current crisis stemming from the COVID-19 pandemic, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), stressed today during a high-level event with Heads of State and Government held during the 76th United Nations General Assembly. ECLAC’s highest authority was one of the main speakers at the Meeting of Heads of State and Gover…

ECLAC Emphasized Opportunities for Caribbean Countries’ Sustainable Development and Recovery

21 Jul 2021 | News

The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, participated today in the Eleventh General Meeting between the Caribbean Community (CARICOM) and Associated Institutions and the United Nations System, where she addressed the challenges of the post-COVID-19 recovery and the opportunities existing for sustainable development in CARICOM. She stressed the need for egalitarian access to vaccines, the creation of a resilience fund to tackle the debt problem and climate vulnerability, as well as the need to broaden the criteria for measur…

Authorities from the Region Posed the Urgency of Renewed Cooperation with Development in Transition Countries Based on a Multidimensional Measurement of Sustainable Development

14 Jul 2021 | News

Authorities from Latin America and the Caribbean along with international officials posed the urgency of renewing international cooperation on the basis of a multidimensional measurement of development, which would take into account the structural gaps that middle-income countries face, during a virtual event organized by the Government of Costa Rica and the Economic Commission for Latin America and the Caribbean (ECLAC) on the sidelines of the High-level Political Forum on Sustainable Development 2021. The virtual event entitled Multidimensional measurements of development: opportunities for …

It is Necessary to Rethink and Recreate Financial and International Cooperation Systems Altogether: ECLAC

12 Jul 2021 | News

The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, reaffirmed today that developing countries and especially middle-income countries (which comprise the majority of the region’s nations) need a liquidity boost and to participate actively in debt relief initiatives. “The developed world is investing to achieve the 2030 Agenda’s Sustainable Development Goals (SDGs) and a green recovery, but developing countries are being left behind,” the Commission’s highest authority warned during a session entitled Investing in the SDGs, held in the…

ECLAC Report Will Present New Economic Projections for the Region’s Countries, More Than a Year After the COVID-19 Pandemic First Appeared

6 Jul 2021 | Announcement

The Economic Commission for Latin America and the Caribbean (ECLAC) will present this Thursday, July 8, a special report that examines the economic and social impact of the COVID-19 pandemic, more than a year after it first appeared, providing new growth projections for the region’s countries. The new document, entitled The recovery paradox in Latin America and the Caribbean. Growth amid persisting structural problems: inequality, poverty and low investment and productivity, analyzes the performance of the region’s main economic and social indicators and presents policy proposals for achieving…

It is Urgent that the International Community Support the End of Middle-Income Countries’ Graduation from Official Development Assistance

5 Jul 2021 | News

The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, urged the international community to support the end of middle-income countries’ graduation from Official Development Assistance (ODA), during today’s opening segment of a month-long series entitled Development in Transition: Dialogues to chart new paths for Latin America and the Caribbean, organized by ECLAC, the European Commission and the Development Centre of the Organisation for Economic Co-operation and Development (OECD). The senior United Nations official stressed that it is …

Alicia Bárcena Highlights the Need for a Renewed Global Compact to Strengthen Multilateralism and Greater Solidarity with Middle-Income Countries

3 Jul 2021 | News

The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, highlighted the important role played by the United Nations Economic and Social Council (ECOSOC) in building a renewed global compact to strengthen multilateralism and promote greater solidarity with middle-income countries on key issues such as debt and the transition to sustainable, low-carbon growth models. ECLAC's highest authority participated this Friday, July 2, in a high-level meeting held virtually within the framework of the 2021 Integration Segment of ECOSOC, which – under…

It is Time for Middle-Income Countries to Be Part of Debt Relief Initiatives for a Green and Inclusive Recovery: Alicia Bárcena

28 Jun 2021 | News

It is time for middle-income countries to be made part of debt relief initiatives for a green and inclusive recovery, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), said today during an international conference entitled Debt Relief for a Green and Inclusive Recovery, organized by the Heinrich Böll Stiftung, the Centre for Sustainable Finance at SOAS University of London, and the Boston University Global Development Policy Center. “We aspire to a new global multilateral mechanism for restructuring debt. We need to build a new architec…

74 search results. Displaying 20 per page.