United Nations
Financing for development
Financing for development
The mission of ECLAC in the area of financing for development is entrusted to its Economic Development Division and consists in promoting the effective generation and efficient allocation of financial resources to support development and equality in Latin America and the Caribbean.
Activities:
Heading to COP 30: NDC 3.0, investments and financing
The event brings together representatives from ministries of environment, planning, and finance, along with actors from the financial and private sectors. Its goal is to design roadmaps toward more ambitious climate goals in Latin America and the Caribbean in the context of COP30. This space aims to foster international cooperation, review lessons learned, and explore financing opportunities to implement Nationally Determined Contributions (NDCs), ensuring socio-economic co-benefits and resilience to climate change.
Thirty-ninth session of ECLAC
The thirty-ninth session of the Economic Commission for Latin America and the Caribbean (ECLAC) will be held from 24–26 October 2022, at the Centro Cultural Kirchner in Buenos Aires, pursuant to resolution 753 (PLEN.36), adopted at the thirty-sixth session of the ECLAC Committee of the Whole, held in New York on 3 December 2021. The meeting will be held in accordance with the ECLAC calendar of conferences for the period 2021–2022.
Towards COP27: Regional forums on Climate Initiatives to Finance Climate Action and the SDGs - Roundtable on Climate Finance – The Energetic Transition in Latin America and the Caribbean
Ahead of COP27, the UN system, leveraging its convening power, network of experts and influencers at regional levels, will partner with the incoming Egyptian Presidency of COP27 and the UN Climate Change High-Level Champions for COP26 and COP27 to organize a series of five regional forums on “Towards COP27. The Economic Commission for Latin America and the Caribbean proposes to address the region’s energy transition as the thematic focus of the Roundtable on Climate Finance, in consideration of both the short-term impacts of the conflict between the Russian Federation and Ukraine on global energy prices and of the medium and long-term potential of the sector for job creation, productive change and the reduction of greenhouse gas emissions, in accordance with the Paris Agreement.
High-level meetings on the ECLAC Caribbean Resilience Fund
The Caribbean Resilience Fund (CRF) is an innovative mechanism to leverage absolutely necessary finance for development while simultaneously reducing the growing and onerous debt burden. In-depth discussions will address the main elements of the CRF; its structure, participation and governance. This will include reflection on optimal housing of the CRF and scope for capitalization of the Fund. The meeting will also explore important next steps for initiating debt swap negotiations.
News:
Specialists Reaffirm that it is Necessary to Have a Development Measurement that Goes Beyond GDP and to Move Towards a Multidimensional Measurement
An international seminar on measuring development and how that relates to international cooperation concluded today at ECLAC’s main headquarters in Santiago, Chile.
Authorities Stress the Urgency of Moving Towards a Development Measurement that Goes Beyond GDP
An international seminar, organized with a special focus on the needs of Latin American and Caribbean countries, was inaugurated today at ECLAC’s main headquarters in Chile.
United States economic outlook: third quarter of 2024 in five charts
The U.S. economy expanded at a robust 3.1% annualized rate in the third quarter of 2024, well above the economy’s long-term growth potential.
Capital Flows to Latin America and the Caribbean in five charts: first ten months of 2024
Latin America and the Caribbean's international bond issuances continue to rebound from the 2022 low levels.
