PAGE in Argentina
Argentina has the third-largest economy in Latin America. While well-diversified, it has recently experienced a slowdown in economic progress with low growth and a rise in unemployment. This led the government to pursue structural changes that can facilitate growth, employment and sustainability within the context of an inclusive, green economy.
Argentina subsequently joined PAGE in 2018 and focuses on governance; technical analysis to inform policymaking; vocational training to support the labour market; and sustainable product development and finance for technological innovation, including fiscal incentives, sustainable public procurement schemes and financial instruments.
In 2021, the already complicated mix of external debt, high inflation and unemployment was further exacerbated by the impacts of the global pandemic. Despite this, Argentina’s newly appointed government has elevated green economy in its agenda and advanced policies in areas of green jobs, energy transition and social economy aimed at providing new growth opportunities through a sustainable approach. PAGE is supporting these objectives, particularly through its targeted green economic recovery activities that aim to strengthen sectoral plans framed in Argentina’s Paris Agreement commitments.
Greening the Economic Recovery
Argentina is strengthening the design and implementation of sectoral plans framed in the Nationally Determined Contributions, specifically for sectors that have […]
Greening Sectoral Plans Framed in the Nationally Determined Contributions
Argentina is strengthening the design and implementation of sectoral plans framed in the Nationally Determined Contributions, specifically for sectors that have high potential for greening employment and production.
- Sectoral green recovery scenarios and related sustainable industrial reconversion plans in partnership with the National Climate Change Cabinet (incl. specific strategies for labour adaptation and employment promotion);
- Capacity development for political decision-makers and economic actors involved in climate change mitigation strategies on a green and inclusive economic recovery; and
- Financial instruments and standards for supporting the implementation of the recovery policies.
Aligning with the goals of the country, PAGE work aims to support SDGs 4 (Quality Education), 8 (Decent Work and Economic Growth), 9 (Industry, Innovation and Infrastructure), 12 (Responsible Consumption and Production), 13 (Take urgent action to combat climate change and its impacts), and 17 (Partnerships for the Goals) in Argentina.