The XII Ministerial Discussion board for Improvement in Latin America and the Caribbean, co-organized by UNDP, ECLAC and the Authorities of Colombia, consists of the Fourth Assembly of the Presiding Officers of the Regional Convention on Social Improvement in Latin America and the Caribbean, a subsidiary physique of the Fee.
January 12, 2021, New York Metropolis, USA – Right this moment is the beginning of the 12th Ministerial Discussion board for Improvement in Latin America and the Caribbean- a 3 day digital assembly the place international and regional sustainable growth consultants and prime authorities officers come collectively to debate the way in which ahead for growth within the area past OVID-19 response and restoration.
The 2020 Ministerial Discussion board, “Past Restoration. In direction of a brand new social contract for LAC” will concentrate on three vital areas for growth transferring ahead: strengthened social safety and monetary methods; inclusive digital transformation; and efficient governance. The occasion is co-organized by the United Nations Improvement Programme (UNDP) and the Authorities of Colombia. The Discussion board additionally consists of the Fourth Assembly of the Presiding Officers of the Regional Convention on Social Improvement in Latin America and the Caribbean, a subsidiary physique of the United Nations Financial Fee for Latin America and the Caribbean (ECLAC), chaired by the federal government of Mexico.
In the course of the inauguration of the Discussion board, President of Colombia Ivan Duque, identified that Colombia noticed within the COVID-19 pandemic a chance to proceed engaged on fairness because the axis of human growth, simply because it has been performed throughout his administration. This resilient imaginative and prescient was strengthened all through 2020 with the implementation of the Dedication to Colombia, a plan that features 562 initiatives for creating job alternatives, inexperienced development, boosting rural growth, defending susceptible residents and strengthening the well being system.
The COVID-19 pandemic discovered Latin America and the Caribbean with a collection of preexisting situations, together with excessive inequality, fragmented social contracts, low productiveness and development, little belief in public establishments, and monetary weak point. It’s on this context that COVID within the area shortly went from being a well being disaster to an financial one and, in some instances, even a governance disaster. As with the results of the virus on organisms with preexisting medical situations, the pandemic interacted in some Latin American and Caribbean international locations with structural deficiencies threatening many years of growth progress.
“As Latin America and the Caribbean strikes to construct extra resilient and cohesive societies, satisfactory social safety methods which might be sustainable and go away nobody behind, and foster productiveness, have to be on the heart of reform efforts,” stated UNDP Administrator Achim Steiner.
Alicia Bárcena, Government Secretary of ECLAC, remarked that the pandemic is inflicting the best financial recession of the final 100 years, with a fall of -7.7% in regional GDP, in addition to widespread will increase of poverty and inequality. She acknowledged that in an effort to construct a brand new future by way of a transformative restoration with equality and sustainability “we have to forge political and monetary compacts to put the inspiration for a common welfare State in Latin America and the Caribbean.”
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