Presentation by ECLAC’s Executive Secretary, Alicia Bárcena.
Concessional financial support for Caribbean countries is imperative as a response to the crisis unleashed by the coronavirus disease (COVID-19) and to confront the economic and climatic vulnerabilities affecting them. So said Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), today during a session of the United Nations High-level Political Forum 2020 (HLPF), which is taking place virtually this July, where she also presented five proposals that would enable these countries t…
Presentación de la Secretaria Ejecutiva de la CEPAL, Alicia Bárcena (en inglés).
El apoyo financiero concesional a los países del Caribe es imperativo en respuesta a la crisis desatada por la enfermedad del coronavirus (COVID-19) y enfrentar las vulnerabilidades económicas y climáticas que los afectan. Así lo enfatizó hoy Alicia Bárcena, Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe (CEPAL), durante una sesión del Foro Político de Alto Nivel de las Naciones Unidas 2020 (HLPF, por sus siglas en inglés), que se desarrolla virtualmente este mes de julio, en donde …
The Caribbean subregion is exceptionally vulnerable to the impacts of climate change and extreme weather events. Vulnerability is a key multidimensional concept at the heart of resilience building, relating to each country’s multiple spatial and socioeconomic risks and conditions. In fact, due to its geographical location and concentration of population and activities in low-lying coastal areas, the Caribbean is the second most hazard-prone region in the world...Moreover, impacts of extreme weather events on Caribbean small economies are of national proportions. For example, in the hurricane s…
To cope with the effects of the COVID-19 pandemic, international cooperation and multilateral financial assistance is needed. However, the liquidity available is not enough to meet financing needs on a global level. That is why subregional development banks in Latin America should take bolder measures, since they play a critical role in this area of work, Alicia Bárcena, ECLAC’s Executive Secretary, indicated today at a high-level event organized by CAF - Development Bank of Latin America in the context of its 50th anniversary.
Participants in the event, entitled Rethinking the Present and Fut…
Para hacer frente a los efectos de la pandemia del COVID-19 se requiere la cooperación internacional y la asistencia financiera multilateral. Sin embargo, la liquidez disponible es insuficiente para responder a las necesidades de financiamiento a nivel global. Por ello, los bancos de desarrollo subregionales en América Latina deben tomar medidas más audaces, ya que juegan un rol fundamental en esta tarea, indicó hoy Alicia Bárcena, Secretaria Ejecutiva de la CEPAL, en un evento de alto nivel organizado por CAF Banco de Desarrollo de América Latina en el marco de su 50⁰ aniversario.
El evento “…
NEW YORK, 9 April 2020 – Governments must take immediate steps to prevent a potentially devastating debt crisis and address the economic and financial havoc wrought by the COVID-19 pandemic – says a new report from the United Nations-led Inter-Agency Task Force on Financing for Development.
The UN System’s 2020 Financing for Sustainable Development Report outlines measures to address the impact of the unfolding global recession and financial turmoil, especially in the world’s poorest countries. Its recommendations are based on joint research and analysis from the UN System, the International M…
NUEVA YORK, 9 de abril de 2020 – De acuerdo con un nuevo reporte del Grupo Interagencial sobre Financiamiento para el Desarrollo, liderado por las Naciones Unidas, los gobiernos deben tomar medidas inmediatas para hacer frente a los estragos económicos y financieros causados por la pandemia del COVID-19, y prevenir una crisis de deuda con efectos potencialmente devastadores.
El Informe del Financiamiento para el Desarrollo Sostenible 2020 propone una serie de medidas para paliar los efectos de la recesión global y la crisis financiera, en particular para los países de menores ingresos. Las rec…
In light of the high debt burden impacting Caribbean economies ECLAC has been pursuing an initiative designed to reduce the debt burden and advance sustainable development. The strategy has evolved over time and there is now agreement on an approach designed to bring financial resources to the Caribbean for resilience building while still emphasizing the importance of debt reduction. To address resilience and development financing, ECLAC proposes the establishment of a Caribbean Resilience Facility to be housed at a reputable financial institution. Such a facility would be capitalised by donor…
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