Category: Latin America and the Caribbean

Climate change risks Latin America development matters
Green transition, Latin America and the Caribbean

Cascading climate risks are a threat Latin America must take seriously

By Will Nichols, Head of Climate and Resilience Risk, Verisk Maplecroft

Record temperatures, wildfires, storms and floods have all made headlines in 2023 as the world braces for a new climate reality. But the secondary impacts of these climate shocks cannot be ignored.

Governments and business organisations in Latin America must ask difficult questions about the relationships between climate impacts and secondary risks, including:

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Development Matters
Latin-America green low carbon transition
Green transition, Latin America and the Caribbean

Low-carbon transition in Latin America: what are the risks and the main constraints?

By AFD economists Guilherme Magacho, Antoine Godin, Marion Hémar and Emmanuelle Mansart Monat

A hundred and eighteen billion US dollars. This amount, which represents 2.7% of the GDP of Latin America and the Caribbean, is the annual investment in “renewable power generation, energy efficiencies, electrification of heat, transportation, and power grids” the region needs to align with the Paris Agreement’s objective on climate change. To meet this target, countries in the region are adopting policies and fostering technological changes that are generating rapid structural change across the world.

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Development Matters
How Colombia made abortions legal
Gender, Women and Girls, Latin America and the Caribbean, New social contract

Colombia’s landmark abortion ruling

By Catalina Martínez Coral, Senior Regional Director for Latin America and the Caribbean at the Center for Reproductive Rights, and spokesperson for the Causa Justa movement

On 21 February 2022, Colombia’s Constitutional Court issued a historic ruling decriminalising abortion up to 24 weeks of pregnancy. After this period, abortion will only be permitted in certain circumstances. This decision was widely celebrated by the feminist movement and other voices in the country, who hailed it as a major step forward not only for women’s rights but also for democracy and social justice. Colombia is now at the forefront of reproductive rights, joining other countries of the global south that today set an example in Latin America and worldwide.

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Development Matters
Latin America and the Caribbean, New social contract

A faster path to digital transformation in Latin America

By Angel Melguizo, Vice President, Economic, External & Regulatory Affairs, VRIO Corp; Eduardo Salido Cornejo, Head, Public Affairs Intelligence, Telefónica Hispanoamérica; and Welby Leaman, Senior Director, Global Policy Strategy, Walmart[1]

Covid-19 put in stark relief the urgent need for accelerated digitalisation around the world. The good news is that so many people stepped up to meet this challenge. In many parts of the private sector, digital rollout that business executives thought would take years was achieved in weeks or even days, as customers’ digital adoption soared. Latin America was no exception to this phenomenon: in mid-March 2020, internet traffic increased by more than 40% practically overnight. The robustness of telecommunications infrastructure in the region – built by decades of investment – and the flexibility of many Latin American governments during the pandemic, were among the factors that facilitated this transition.

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Development Matters
Development in Transition, Latin America and the Caribbean, Reviving multilateralism

How Latin America can tackle the international and national drivers of discontent

By Rita Da Costa, Senior Counsellor and Head of Development in Transition, Adriana Caicedo, Policy Analyst and Martina Lejtreger, External Consultant, OECD Development Centre

Deepening economic disparity, inequalities and social injustice have been at the heart of the mass demonstrations that have multiplied in Latin America and the Caribbean (LAC) since late 2019. This trend is likely to intensify in the wake of the COVID-19 pandemic. While the number of people in poverty has increased by 22 million since the start of the COVID-19 crisis and inequalities continue to rise, the stock of wealth held by billionaires in LAC has risen by more than 40%. The current context opens a window of opportunity for LAC to exit the crisis by establishing a new social contract, but this will require a step change in international co-operation.

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Development Matters
Gender, Women and Girls, Latin America and the Caribbean, New social contract

The Peruvian women thriving around the world 

By Ana Lucía Gutiérrez González, Producer of Granadilla Podcast – Peruanas rompiéndola en el extranjero[1], Peruvian based in Israel

Over 50% of migrants from Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Peru, Paraguay, Uruguay and Venezuela in 2019, were women. According to the First World Survey for the Peruvian Community Abroad in 2020, around 3.5 million Peruvians were living abroad, more than 10% of the Peruvian population. Of these, 9% are professional migrants – white-collar workers, scientists and researchers, for example. They form part of what I consider to be Peru’s sixth wave of migration. 

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Development Matters
Development in Transition, Latin America and the Caribbean, Reviving multilateralism

Can Mexico change the face of international co-operation for development?

By Gerardo Bracho, International Co-operation Expert and Member of the Mexican Foreign Service  

We still do not have all the details on the “World Plan for Fraternity and Well-Being” that Mexican President Andrés Manuel López Obrador recently proposed at the UN. What is clear, however, is its ambition to pull our present paradigm of international co-operation for development out of the doldrums.

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Development Matters
Latin America and the Caribbean, New social contract

How’s life in Latin America? Deepening inequalities and hard-won gains at risk

By Romina Boarini, Director of the OECD WISE Centre (Centre for Well-being, Inclusion, Sustainability and Equal Opportunity) and Ragnheiður Elín Árnadóttir, Director of OECD Development Centre

The Latin America and the Caribbean (LAC) region has experienced considerable gains in well-being over the past two decades, according to the new report How’s Life in Latin America? Measuring Well-being for Policy Making by the OECD Centre on Well-being, Inclusion, Sustainability and Equal Opportunity (WISE) and the OECD Development Centre. The eleven countries studied in the report – Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Paraguay, Peru and Uruguay – have experienced many improvements in quality of life since the early 2000s such as increased life expectancy, reduced child and maternal mortality, and better access to drinking water. The number of people in absolute poverty (i.e. those whose income is not enough to meet basic needs such as food or shelter) has declined – from 1 in 3 in 2006 to 1 in 5 by 2019 – and the share of the population with an upper secondary education has risen from 34% to 46%.  

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Development Matters
Latin America and the Caribbean, New social contract

¿Cómo va la vida en América Latina? Se agudizan las desigualdades y peligran los logros alcanzados

Por Romina Boarini, Directora del Centro para el Bienestar, Inclusión, Sostenibilidad e Igualdad de Oportunidades de la OCDE y Ragnheiður Elín Árnadóttir, Directora del Centro de Desarrollo de la OCDE

La región de América Latina y el Caribe (ALC) ha experimentado un aumento considerable del bienestar en las últimas dos décadas, según el nuevo informe ¿Cómo va la vida en América Latina? Medición del bienestar para la formulación de políticas públicas, elaborado por el Centro de Bienestar, Inclusión, Sostenibilidad e Igualdad de Oportunidades (WISE) y el Centro de Desarrollo de la OCDE. Los once países estudiados en el informe – Argentina, Brasil, Chile, Colombia, Costa Rica, Ecuador, México, Paraguay, Perú, República Dominicana y Uruguay – han experimentado muchas mejoras en la calidad de vida desde principios de la década de 2000, como el aumento de la esperanza de vida, la reducción de la mortalidad infantil y materna y un mejor acceso al agua potable. El número de personas en situación de pobreza absoluta (es decir, aquellas cuyos ingresos no son suficientes para satisfacer necesidades básicas como la alimentación o la vivienda) ha disminuido – de 1 de cada 3 en 2006 a 1 de cada 5 en 2019 – y la proporción de la población con educación secundaria superior ha aumentado del 34% al 46%. 

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