Latin American Economic Outlook

América Latina y el Caribe (ALC) debe implementar una ambiciosa agenda para transformar la transición verde en una ocasión para lograr un modelo de desarrollo más justo y sostenible. La recuperación requiere adoptar un enfoque sistémico que permita dar respuesta a los retos y maximizar las oportunidades que brinda la transición verde para mejorar el bienestar de los ciudadanos.

The COVID‑19 recovery in Latin America and the Caribbean (LAC) is slowing down, reflecting low potential growth and an increasingly complex international context driven by Russia’s war against Ukraine and an economic slowdown in China.

A green transition that places citizens’ well‑being at its centre could help Latin America and the Caribbean (LAC) move towards a more inclusive and sustainable development model.

The recovery agenda in the LAC region calls for an integrated holistic approach that enables a green and just transition.

To transition to net‑zero emissions economies, the LAC region must mobilise substantial resources in a tight fiscal space. To do this, the region needs an effective financing strategy that involves the public and private sectors.

A just green transition requires mechanisms to foster inclusive dialogue across all stakeholders and to build consensus around reforms, paying particular attention to overcoming the complex political economy of such a broad reform agenda.

To transition to a sustainable model of development, LAC governments need a strong convening power and to enhance a unified voice in multilateral environmental agendas.

Dive into specific data and messages for each country: Argentina, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Mexico, Panama, Paraguay, Peru and Uruguay.