<p>The UN-led global debate on green economy in the context of sustainable development and poverty eradication, culminating at the Rio+20 Summit, presented a unique opportunity for nations to examine different development models, highlight their successes and learn from their neighbours</p>
<p>Following a series of open dialogues between UNEP and selected countries from Latin America and the Caribbean – specifically Argentina, Bolivia, Cuba, Ecuador, Nicaragua and Venezuela – an in-depth study was undertaken to understand the commonalities between the existing and proposed paradigms and approaches to a development that ensures well-being and respect for nature, and the concept of green economy in the context of sustainable development and poverty eradication. Building upon the multiplicity of innovative and path-breaking initiatives in the region, the study then explores how policies promoting a low-carbon, resource efficient and inclusive economy could potentially enhance these national efforts to eradicate poverty, reduce social inequality and improve human well-being. This study is intended to expand the conversation on how a green economy can contribute to the different approaches being used in the region to promote sustainable development.</p>