BNDES and the Ministry of Cities present 187 projects to expand urban mobility by 2054 – BNamericas

Report on Regional Development and Sustainable Growth in Latin America

Project Landscape and Contribution to SDGs

An analysis of the regional development pipeline reveals a significant number of projects poised to advance the Sustainable Development Goals (SDGs). The key findings include:

• Over 11,000 active projects are currently underway in Latin America.
• These initiatives are critical for achieving several SDGs, including:
  1. SDG 9 (Industry, Innovation, and Infrastructure): Development of resilient infrastructure and sustainable industrialization.
  2. SDG 7 (Affordable and Clean Energy): Projects focused on renewable energy sources and energy efficiency.
  3. SDG 8 (Decent Work and Economic Growth): Creation of employment opportunities and fostering economic prosperity.
  4. SDG 11 (Sustainable Cities and Communities): Urban development projects aimed at creating inclusive and safe human settlements.

Corporate Engagement and Partnerships for the Goals

The business ecosystem in the region demonstrates a strong foundation for public-private partnerships, essential for sustainable development.

• More than 24,000 global companies are actively conducting business, indicating robust economic activity.
• This corporate presence is instrumental in advancing:
  1. SDG 17 (Partnerships for the Goals): Fostering collaboration between international corporations and local stakeholders to achieve sustainable outcomes.
  2. SDG 12 (Responsible Consumption and Production): Encouraging the adoption of sustainable practices and corporate social responsibility.

Human Capital and Network for Sustainable Collaboration

A vast network of professionals and decision-makers underpins the region’s capacity for implementing sustainable initiatives.

• A database of over 83,000 key contacts associated with active companies and projects has been identified.
• This network is a vital asset for:
  1. SDG 17 (Partnerships for the Goals): Facilitating connections and building multi-stakeholder partnerships to accelerate progress on all SDGs.
  2. SDG 4 (Quality Education): Promoting knowledge sharing and capacity building among industry experts.

Knowledge Resources for Informed Decision-Making

Access to timely and relevant information is fundamental for guiding sustainable development strategies and ensuring transparency.

• Comprehensive analysis, reports, news, and interviews are available in English, Spanish, and Portuguese.
• These resources support:
  1. SDG 16 (Peace, Justice, and Strong Institutions): Promoting access to information, which is crucial for transparent and accountable institutions.
  2. SDG 17 (Partnerships for the Goals): Providing critical data and insights to inform effective and evidence-based policymaking and investment.

Analysis of Sustainable Development Goals in the Article

1. Which SDGs are addressed or connected to the issues highlighted in the article?

   The article’s content, focusing on business and development projects in Latin America, connects to the following Sustainable Development Goals:

   • SDG 8: Decent Work and Economic Growth
     
     The article highlights significant economic activity through its mention of “11,000+ projects” and “24,000+ global companies.” This large-scale business presence is a fundamental driver of economic growth and implies the creation of employment opportunities in the region.
   • SDG 9: Industry, Innovation and Infrastructure
     
     The reference to “11,000+ projects” strongly suggests development in infrastructure and industry. The presence of numerous “global companies” points towards industrialization, investment in new technologies, and innovation within Latin America’s economic landscape.
   • SDG 17: Partnerships for the Goals
     
     The article’s data on “24,000+ global companies doing business in the region” and “83,000+ key contacts” directly relates to the formation of global and regional partnerships. This indicates cross-border collaboration, foreign investment, and the multi-stakeholder cooperation essential for achieving sustainable development.

2. What specific targets under those SDGs can be identified based on the article’s content?

   Based on the information provided, the following specific SDG targets can be identified:

   • Target 8.1: Sustain per capita economic growth.
     
     The sheer volume of economic activity suggested by “11,000+ projects” and “24,000+ global companies” is a direct contributor to sustaining economic growth in the countries of Latin America.
   • Target 9.1: Develop quality, reliable, sustainable and resilient infrastructure.
     
     The “11,000+ projects” mentioned in the article are likely to include a significant number of infrastructure projects (such as in energy, transport, or telecommunications) that are crucial for supporting economic development and human well-being.
   • Target 17.3: Mobilize additional financial resources for developing countries from multiple sources.
     
     The presence of “24,000+ global companies” implies a substantial mobilization of private financial resources from international sources, such as Foreign Direct Investment (FDI), which is a key component of this target.
   • Target 17.17: Encourage and promote effective public, public-private and civil society partnerships.
     
     The mention of “83,000+ key contacts related to companies and projects” points directly to the networking and relationship-building that form the foundation of effective partnerships between various stakeholders in the region.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

   Yes, the article provides quantitative data that can serve as direct or proxy indicators for measuring progress:

   • Number of development projects: The article explicitly states there are “11,000+ projects in Latin America.” This figure serves as a direct indicator of investment and development activity, relevant to measuring progress towards targets under SDG 8 and SDG 9.
   • Number of active international companies: The figure of “24,000+ global companies” acts as an indicator of private sector engagement, industrialization, and the level of foreign investment, which can be used to track progress for targets under SDG 8, SDG 9, and SDG 17.
   • Number of key professional contacts: The data point of “83,000+ key contacts” can be interpreted as a proxy indicator for the density of business networks and the potential for partnership formation, which is relevant for measuring progress towards Target 17.17.

4. Create a table with three columns titled ‘SDGs, Targets and Indicators” to present the findings from analyzing the article.

   SDGs	Targets	Indicators (from the article)
   SDG 8: Decent Work and Economic Growth	8.1: Sustain per capita economic growth.	“11,000+ projects” “24,000+ global companies”
   SDG 9: Industry, Innovation and Infrastructure	9.1: Develop quality, reliable, sustainable and resilient infrastructure.	“11,000+ projects”
   SDG 17: Partnerships for the Goals	17.3: Mobilize additional financial resources. 17.17: Encourage and promote effective partnerships.	“24,000+ global companies” “83,000+ key contacts”

Source: bnamericas.com