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Top related persons:
Jose Manuel Salazar - 1 Xirinachs - 1 ECLAC - 1 Salazar - 1 Marion Giraldo - 1 Sarah Morland - 1 Sandra Maler - 1
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MEXICO CITY - 1 United - 1 Economic Commission - 1 Latin - 1

Search resuls for: "ECLAC"


3 mentions found


☆ Latin America Must Invest up to 4.9% of GDP Annually to Meet Climate Goals -UN
  + stars: | 2023-12-04 | by ( Dec. | At P.M. | ) www.usnews.com   time to read: +1 min
MEXICO CITY (Reuters) - Latin America and the Caribbean need to rapidly boost spending to up to 4.9% of gross domestic product (GDP) annually by 2030 to meet their climate targets, a United Nations agency said in a report on Monday. The Economic Commission for Latin America and the Caribbean (ECLAC) report presented at Dubai's COP28 summit said the region must spend between 3.7% to 4.9% of GDP annually, up from just 0.5% in 2020, amounting to total investments of $2.1 trillion to $2.8 trillion by 2030. This implies the "availability of substantial but not unattainable amounts - and the time to act is now," ECLAC Executive Secretary Jose Manuel Salazar-Xirinachs said. Climate mitigation - mostly projects around transportation as well as energy, infrastructure and deforestation - would take up the lion's share of spending, ECLAC said, while a remaining third would need to go toward adaptation methods. Climate change - excluding the impacts of extreme phenomena - could strip 10% off labor productivity in some countries, it added, cutting potential for economic growth.
Persons: Jose Manuel Salazar, Xirinachs, ECLAC, Salazar, Marion Giraldo, Sarah Morland, Sandra Maler Organizations: MEXICO CITY, United, Economic Commission, Latin Locations: MEXICO, America, Caribbean, United Nations, Latin America, Uruguay, Brazil, Argentina, South America's Parana, La Plata, Chile
☆ Brazil to nominate ex-central bank governor Goldfajn to run the Inter-American Development Bank
  + stars: | 2022-10-16 | by ( Marcela Ayres | ) www.reuters.com   time to read: +2 min
BRASILIA, Oct 16 (Reuters) - Brazil plans to nominate former central bank governor Ilan Goldfajn to head the Inter-American Development Bank (IDB), a person familiar with the matter said on Sunday, as Latin America's largest economy seeks to secure its first presidency of the institution. The development bank will elect its next president on Nov. 20 after the ouster of Mauricio Claver-Carone in an ethics scandal. Currently head of the International Monetary Fund's Western Hemisphere department, Goldfajn led Brazil’s central bank under former President Michel Temer, before handing the reins to current chief Roberto Campos Neto in February 2019. Under Goldfajn’s tenure, the central bank began developing its Pix instant payment platform, which was launched under Campos Neto. After leaving the central bank, Goldfajn chaired the board of Credit Suisse in Brazil before joining the IMF.
☆ Advertising for Latin American brands are pursuing more diversity in campaigns
  + stars: | 2021-05-14 | by ( Insider Intelligence | Matteo Ceurvels | ) www.businessinsider.com   time to read: +6 min
Many consumers in Latin America are no longer content to let brands sit on the sidelines of tough conversations. The following is a preview of one Media, Advertising, and Marketing report, the Analyst Take: How Brands in Latin America Are Addressing Diversity and Representation in Advertising. Latin America is a region of many paradoxes. Latin America companies promoting diversityLatin American ecommerce giant Mercado Libre is one example of a regional company that has embraced diversity in its marketing materials. The campaign also partnered with Young, Gifted, and Black (YGB), an image bank that offers photos taken by Black women, of Black women.
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