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Countries Say Equality is Not Possible Without a Gender Perspective in Sustainable Development Goals

31 July 2015 | Press Release

The country representatives that participated in the fifty-second meeting of the Presiding Officers of the Regional Conference on Women in Latin America and the Caribbean reaffirmed on Friday, July 31 their commitment to ensuring that a transformative gender perspective is incorporated into all the Sustainable Development Goals (SDGs)—which are expected to be approved at the United Nations next September—as well as into their own goals, indicators and implementation mechanisms. They will also provide follow-up on matters related to women’s autonomy that are specific to the region and are not r…

Latin America and the Caribbean Will Grow Just 0.5% in 2015

29 July 2015 | Press Release

(** Includes corrected growth projection for Cuba in 2015 in the attached GDP table **) The countries in Latin America and the Caribbean will grow 0.5% on average in 2015, according to new projections released today by ECLAC during a press conference in Santiago, Chile. Although the deceleration is a generalized phenomenon in the region, the organization forecasts heterogeneous growth among subregions and countries; South America will contract -0.4%, Central America and Mexico will grow 2.8%, and the Caribbean will expand 1.7%. On a national level, Panama will lead the regional expansio…

Countries Reach Historic Agreement to Generate Financing for New Sustainable Development Agenda

16 July 2015 | Press Release

Countries agreed on a series of bold measures to overhaul global finance practices and generate investments for tackling a range of economic, social and environmental challenges at the United Nations Third International Conference on Financing for Development, being held in Addis Ababa. The groundbreaking agreement, the Addis Ababa Action Agenda, provides a foundation for implementing the global sustainable development agenda that world leaders are expected to adopt this September. The agreement was reached by the 193 UN Member States attending the Conference, following negotiations …

Alicia Bárcena Advocates Boosting Domestic Resources to Finance Development

15 July 2015 | Press Release

The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, today in Addis Ababa advocated boosting the mobilization of countries’ domestic resources to finance their development versus relying on flows that depend on external sources, such as Foreign Direct Investment (FDI) or Official Development Assistance (ODA). The senior United Nations official spoke at a roundtable dedicated to analyzing policy coherence to ensure sustainable development, in the framework of the Third International Conference on Financing for Development, which is bein…

Authorities and Experts Call for Global Collective Action to Finance Development

14 July 2015 | Press Release

Ministers and senior officials from Latin America and the Caribbean, along with Nobel Prize-winning economist Joseph Stiglitz and the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, agreed today during an event held in Addis Ababa on the need for global collective action to finance sustainable and inclusive development, within a framework such as that of the United Nations, where all voices may be heard. This debate, dedicated to analyzing the domestic mobilization of resources and international financial governance from the perspecti…

ECLAC Proposes Debt Relief for Caribbean Countries and the Creation of a Subregional Fund

13 July 2015 | Press Release

The Economic Commission for Latin America and the Caribbean (ECLAC) proposes debt relief for Caribbean countries on the part of multilateral credit institutions and the creation of a regional resilience fund, considering that this burden hinders the subregion’s economic and social progress as well as compliance with the Sustainable Development Goals (SDGs), which will be approved in September in New York. This proposal will be made by ECLAC’s Executive Secretary, Alicia Bárcena, during the Third International Conference on Financing for Development, which will be held July 13-16 in Ethiopia. E…

Alicia Bárcena Highlights the Role of the Region’s Institutional Architecture in the Lead-up to the Post-2015 Agenda

10 July 2015 | Press Release

The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, emphasized in New York that Latin American and Caribbean countries have a solid regional and sub-regional institutional architecture, which includes this organization and its subsidiary bodies, to support the implementation of the post-2015 development agenda, which will be approved in September. Alicia Bárcena participated on July 9 in a dialogue of Executive Secretaries of the United Nations Regional Commissions about the transition towards the Sustainable Development Goals (SDGs) …

MDG Success Springboard for New Sustainable Development Agenda: UN Report

6 July 2015 | Press Release

The Millennium Development Goals (MDGs) have produced the most successful anti-poverty movement in history and will serve as the jumping-off point for the new sustainable development agenda to be adopted this year, according to the final MDG report launched today by United Nations Secretary-General Ban Ki-moon. The Millennium Development Goals Report 2015 found that the 15-year effort to achieve the eight aspirational goals set out in the Millennium Declaration in 2000 was largely successful across the globe, while acknowledging shortfalls that remain. The data and analysis presented in the re…

Caribbean States 'Lighting Path' to Sustainable Future, Says UN Chief in Barbados

2 July 2015 | Press Release

This is a year for global action, with international community in the final stretch of preparing a transformative post-2015 agenda for sustainable development that will be agreed in New York in September, United Nations Secretary-General Ban Ki-moon declared in Bridgetown, where, two decades ago, the Barbados Programme of Action was adopted to tackle vulnerabilities facing small islands. “I want to salute Caribbean countries for taking on ambitious renewable energy targets. By 2020, for example, Barbados will be one of the world's top five leading users of solar energy on a per capita basis. Y…

Countries of the Region Analyze Guide to Implementing Measures on Population and Development

24 June 2015 | Press Release

Delegates from countries in the region, along with representatives of international and civil society organizations, will begin meeting today at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC), in Santiago, Chile, to make further progress on the design of an operational guide that will facilitate the implementation, follow-up and monitoring of a set of agreed-upon measures regarding population and development. The Second Meeting of the Presiding Officers of the Regional Conference on Population and Development in Latin America and the Caribbean was inaug…

ECLAC Supports Fiscal Reform in Costa Rica to Maintain the Progress Made

19 June 2015 | Press Release

Costa Rica has been able to transform its productive structure, and its achievements in forging a welfare state with greater equality and human development have been an example for all of Latin America. Now they must be defended with a comprehensive and timely fiscal reform, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), said during a two-day working visit to the Central American country. At the start of her visit on Thursday, ECLAC’s most senior representative met with the country’s Vice President and Finance Minister, Helio Fallas,…

Container Trade in the Region’s Ports Rises 1.3% in 2014

11 June 2015 | Press Release

(June 11, 2015) The movement of cargo in containers in Latin American and Caribbean ports grew 1.3% during 2014, according to figures released today by the Economic Commission for Latin America and the Caribbean (ECLAC). The United Nations organization unveiled a new edition of its ranking of container port throughput, published in its Maritime Profile, which confirms great heterogeneity: with increases on the west coast of South America (5.3%), Mexico (4.0%) and Central America (3.4%), and declines on the east coast of South America (-2.2%) and the Caribbean (-8.2%). Nevertheless, the regiona…

In Brussels, ECLAC Highlights Spaces for Convergence and Cooperation between the European Union and the Region

10 June 2015 | Press Release

Latin America and the Caribbean and the European Union can strengthen their cooperation even further in areas such as education and production, especially in terms of science, technology and innovation and small- and medium-sized enterprises (SMEs), thereby advancing along the path of sustainable development with equality, Alicia Bárcena, the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), said today in Brussels, Belgium. Bárcena is in the Belgian capital participating in various events related to the second Summit of the Community of Latin American …

International Context Imposes New Challenges on Relations between the European Union and Latin America and the Caribbean

29 May 2015 | Press Release

(May 29, 2015) The dynamic international scenario—characterized by the technological revolution, the globalization of consumption patterns, the global economy’s organization into major blocs and growing pressure on the environment—presents new challenges and opportunities for the structural relations between the European Union and Latin America and the Caribbean, according to ECLAC. The Economic Commission for Latin America and the Caribbean (ECLAC) of the United Nations prepared a special publication to be presented as a contribution to the next Summit of Heads of State and Government of the …

Statistics Organizations from the Region Advance on Preparations for the New Development Agenda

28 May 2015 | Press Release

Representatives of statistics organizations held a meeting on May 26-28 at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC), where they made progress on preparations to implement and monitor the new post-2015 development agenda (expected to be approved in September) as well as on the strategic working plan they will carry out in the region over the next decade. Delegates from 19 Latin American and Caribbean countries, as well as from Canada and Spain, attended the Fourteenth Meeting of the Executive Committee of the Statistical Conference of the Americas …

The Caribbean Received $6.027 Billion Dollars in Foreign Direct Investment in 2014, Down Nearly 5% from 2013

27 May 2015 | Press Release

(27 May 2015) The flows of Foreign Direct Investment (FDI) into the Caribbean subregion shrank 4.7 % in 2014 to total $6.027 billion dollars, the Economic Commission for Latin America and the Caribbean said today in its annual report Foreign Direct Investment in Latin America and the Caribbean 2015, presented during a press conference at the organization’s headquarters in Santiago, Chile. This nearly 5% decline in FDI directed towards Caribbean countries is less severe than the 16% drop registered in Latin America and the Caribbean as a whole, where flows fell to $158.803 billion dollars in 20…

Foreign Direct Investment in the Region Fell 16% in 2014 after a Decade of Strong Expansion

27 May 2015 | Press Release

(27 May 2015) Flows of Foreign Direct Investment (FDI) towards Latin America and the Caribbean declined 16% in 2014 to total $158.803 billion dollars, the Economic Commission for Latin America and the Caribbean (ECLAC) revealed today. This result reverses the growth trend seen during the last decade—with the exception of declines in 2006 and 2009—since a further reduction is forecast for this year. In 2014, FDI inflows were affected by the region’s economic deceleration and lower prices for its raw material exports, according to the annual report Foreign Direct Investment in Latin America and …

China Bets On Strategic Ties with Latin America and the Caribbean

25 May 2015 | Press Release

(May 25, 2015) “China is prepared to deepen its cooperation with Latin America and the Caribbean in order to mutually learn from each other and forge together a new path for the China-Latin America and the Caribbean Comprehensive Cooperation Association, announced by President Xi Jinping last July,” said the Asian country’s Premier, Li Keqiang, during a keynote lecture at ECLAC’s headquarters in Santiago, Chile. The senior official gave a lecture aimed at the entire Latin American and Caribbean region, at the end of a tour that included four countries: Brazil, Colombia, Peru and Chile. Chilean…

Export Diversification Is the Main Challenge for Latin America and the Caribbean in Its Trade Relationship with China

25 May 2015 | Press Release

(25 May 2015) In the last 15 years, the economic relations between Latin America and the Caribbean and China have grown strongly. China is now the second main source of the region’s imports (16% of the total) and the third main destination for its exports (9% of the total). In addition, the region has increased its importance as a partner for China: while in 2000 it absorbed 3% of China’s total exports and was the source of 2% of the country’s imports, in 2013 its participation in both flows rose to 6% and 7%, respectively. The main pending issue for our region in its relationship with the Asi…

Inclusive growth required to achieve sustainable development in Asia-Pacific, says UN

14 May 2015 | Press Release

Bangkok (ESCAP News) – Developing economies in the Asia-Pacific region continue to fare well in comparison to the rest of the world, but structural weaknesses constrain growth prospects, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said in its latest regional macroeconomic outlook report released today, emphasizing that more inclusive economic growth is key to ensuring sustainable prosperity for all. Growth in the region’s developing nations will increase only slightly, to 5.9 per cent in 2015 from 5.8 per cent last year, with no significant change expecte…

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