Climate and biodiversity

The annual gap in ALC19 for climate and biodiversity is 102 billion USD (OECD, 2024).

OECD, 2024

OECD, CEPAL, CAF – Banco de Desarrollo de América Latina y el Caribe, & Comisión Europea. (2024). Perspectivas económicas de América Latina 2024: Financiando el desarrollo sostenible. OECD Publishing. https://doi.org/10.1787/25aed2f5-es

Inflation expectations

Two economies —Brazil and Mexico— face tensions in inflation expectations (OECD, 2024).

OECD, 2024

OECD, CEPAL, CAF – Banco de Desarrollo de América Latina y el Caribe, & Comisión Europea. (2024). Perspectivas económicas de América Latina 2024: Financiando el desarrollo sostenible. OECD Publishing. https://doi.org/10.1787/25aed2f5-es

Central governments

Social spending by central governments in Latin America and the Caribbean (LAC) represented 11.5% of GDP in 2022 (OECD, 2024).

OECD, 2024

OECD, CEPAL, CAF – Banco de Desarrollo de América Latina y el Caribe, & Comisión Europea. (2024). Perspectivas económicas de América Latina 2024: Financiando el desarrollo sostenible. OECD Publishing. https://doi.org/10.1787/25aed2f5-es

Short-term capital in LAC

USD 24.8 billion entered LAC in short-term capital during the first half of 2024 (OECD, 2024).

OECD, 2024

OECD, CEPAL, CAF – Banco de Desarrollo de América Latina y el Caribe, & Comisión Europea. (2024). Perspectivas económicas de América Latina 2024: Financiando el desarrollo sostenible. OECD Publishing. https://doi.org/10.1787/25aed2f5-es

Short-term capital

USD 42.9 billion entered LAC as short-term capital in 2023 (OECD, 2024).

OECD, 2024

OECD, CEPAL, CAF – Banco de Desarrollo de América Latina y el Caribe, & Comisión Europea. (2024). Perspectivas económicas de América Latina 2024: Financiando el desarrollo sostenible. OECD Publishing. https://doi.org/10.1787/25aed2f5-es

Social spending

Social spending in 2022 exceeded the 2019 level by 0.3 percentage points (OECD, 2024).

OECD, 2024

OECD, CEPAL, CAF – Banco de Desarrollo de América Latina y el Caribe, & Comisión Europea. (2024). Perspectivas económicas de América Latina 2024: Financiando el desarrollo sostenible. OECD Publishing. https://doi.org/10.1787/25aed2f5-es

Emissions from land use in LAC.

58% of greenhouse gas emissions in Latin America and the Caribbean originate from land use, land-use change, and the forestry sector, highlighting the significant weight of these activities in the region’s climate dynamics and the urgent need to strengthen mitigation efforts (World Resources Institute, 2024).

World Resources Institute, 2024

Forests in Latin America and the Caribbean.

23% of the world’s forests and 60% of global biodiversity are located in Latin America and the Caribbean, highlighting the region’s strategic importance for ecosystem and biodiversity conservation. This significant share also reflects the critical role of LAC in providing essential ecosystem services and in supporting global efforts to address environmental degradation and climate change (World Resources Institute, 2024)

World Resources Institute, 2024

Forest cover loss in LAC

7% of forest cover was lost between 1990 and 2020 in Latin America and the Caribbean, equivalent to 138 million hectares, highlighting the scale of landscape degradation in the region and the urgency of advancing large-scale restoration and conservation efforts (World Resources Institute, 2024).

World Resources Institute, 2024

Peru: Management in Amazonian Ecosystems

1,250 hectares are under management or recovery processes in Amazonian ecosystems of Peru, integrating ecological restoration actions and sustainable forest management practices documented across various experiences in the country (SERFOR, 2018).

SERFOR, 2018