Ambassadors and other official representatives of the member countries of the Economic Commission for Latin America and the Caribbean (ECLAC) reaffirmed their commitment today to strengthening multilateralism and recognized the vital role of the United Nations Regional Commissions – including ECLAC – as engines for implementing the 2030 Agenda for Sustainable Development, during the thirty-eighth session of the Commission’s Committee of the Whole.
Gathered at the United Nations headquarters in New York, the participating authorities reviewed the report on ECLAC’s activities in 2024 and li…
Embajadores y representantes oficiales de los países miembros de la Comisión Económica para América Latina y el Caribe (CEPAL) reafirmaron hoy su compromiso con el fortalecimiento del multilateralismo y reconocieron el papel indispensable de las Comisiones Regionales de las Naciones Unidas -entre ellas la CEPAL- como motores para la implementación de la Agenda 2030 para el Desarrollo Sostenible, durante el Trigésimo octavo período de sesiones del Comité Plenario de la Comisión.
Reunidos en la sede de las Naciones Unidas en Nueva York, las autoridades presentes revisaron el informe de acti…
For small island developing States (SIDS), sustainable development is a delicate balance of pursuing economic growth, social development and environmental stewardship in the context of economic volatility, social challenges, climate change threats and global uncertainties while striving to build resilience. Recognized as a special case for development since the 1992 United Nations Conference on Environment and Development, SIDS remain highly vulnerable to external shocks due to their small economies, limited connectivity and reliance on external markets. Over the years, global frameworks such …
Artificial intelligence (AI) systems, when applied well, could help in addressing key global challenges and advance the Sustainable Development Goals (SDGs). However, these potential benefits will not materialize automatically. The use of AI also carries significant risks, such as disruption to job markets and economies, loss of cultural diversity, new AI-enabled digital weapons that increase misinformation and surveillance, and threats to human rights and democracy. While AI systems could support the achievement of many of the SDGs , they could also impede the achievement of others and increa…
This interim report explores the transformative impact of fintech on global financial markets. It delves into the evolution of fintech from its early stages to the present day, highlighting key innovations such as digital banking, cryptocurrencies and artificial intelligence-driven financial services. The report provides an in-depth analysis of international best practices, regulatory frameworks and the role of government and private sector partnerships in fostering a thriving fintech ecosystem. In particular, the report underscores the importance of regulatory frameworks addressing foreign ex…
This report presents strategic recommendations for the development of Aruba's fintech sector with a focus on leveraging artificial intelligence and distributed ledger technologies. It evaluates Aruba's readiness in the information and communications technology (ICT) sector and the financial sector, comparing key indicators against counterparts in the region, including Curaçao, Jamaica, Trinidad and Tobago and the Kingdom of the Netherlands. The report highlights strenaths, such as stable democratic traditions, high education levels and a robust banking sector, and weaknesses, such as…
This interim report assesses Aruba's potential to leverage fintech, distributed ledger technology and artificial intelligence, by examining the current state of digital regulation on the island. It provides an in-depth overview of the fintech regulatory environment in Aruba, assessing key legislative and institutional frameworks that support digital financial services. In particular, it reviews the regulatory frameworks related to telecommunications, banking, finance and competition management, highlighting the impact of these regulations on business sentiment and investment appetite.
The…
This interim report provides a comprehensive overview of stakeholder perspectives on the opportunities and risks associated with the development and administration of fintech, distributed ledger technology and artificial intelligence in Aruba. The Government of Aruba aims to diversify its economy away from its reliance on tourism by developing its information and communications technology (ICT) sector. The report is based on consultations with stakeholders from the public and private sectors, civil society and academia, conducted during an on-site mission in February 2025. Key findings highlig…