United Nations Economic Commission for Latin America and the Caribbean
The United Nations Economic Commission for Latin America and the Caribbean is a United Nations regional commission to encourage economic cooperation. ECLAC includes 46 member states, and 14 associate members which are various non-independent territories, associated island countries and a commonwealth in the Caribbean. ECLAC publishes statistics covering the countries of the region and makes cooperative agreements with non-profit institutions. The headquarters of ECLAC is in Santiago, Chile.
ECLAC was established in 1948 as the Economic Commission for Latin America. In 1984, a resolution was passed to include the countries of the Caribbean in the name. It reports to the UN Economic and Social Council.
Themes and programmes
Implementing Sustainable Development Goals
A mapping of ECLAC's activities to the Sustainable Development Goals shows that its current work emphasizes four SDGs; namely, SDG 17 on partnerships, SDG 8 on decent work, SDG 10 on reduced inequalities, and SDG 16 on peace and justice. In practice, ECLAC strives toward its own regional paradigm, called Global Environmental Keynesianism, which promotes multidimensional equality as the purpose of development. The commission seeks to balance the new SDGs with its earlier focus on equality and to better emphasize the environmental dimension of economic development.ECLAC has been working on a debt-swap strategy since 2016, titled the Debt for Climate Adaptation Swap and Caribbean Resilience Fund. This fund aims to reduce the debt and fiscal constraints for investment in green industries, stimulate growth, promote economic transformation, and expand fiscal space for public investment such as for the SDGs.
Locations
- Santiago, Chile
- Mexico City, Mexico
- Port of Spain, Trinidad and Tobago
- Bogotá, Colombia
- Brasília, Brazil
- Buenos Aires, Argentina
- Montevideo, Uruguay
- Washington, DC, United States of America