Thousands of young entrepreneurs from 43 countries across the world took part in a series of online and onsite dialogues as part of the Road to Lima 2015 activities. The inclusion of youth in such an important process was possible thanks to the World Bank Group and the Young Americas Business Trust (YABT).
Mountain climbers and skiers are witness to major changes in the Andean landscape over the past few decades. The main snow-covered peaks of the Andes have already lost between 30% and 50% of their glaciers. Climate models predict that this massive loss will continue in the coming decades as a result of global warming.
Municipality of Guatapé in Colombia. Photo - Adrienne Hathaway / World Bank
Over the last 25 years, the relevance of local governments (states, provinces, municipalities, etc.) in Latin America has been constantly increasing. The process started with a wave of decentralization, particularly in the education and health sectors, followed by the increasing of other responsibilities of local governments (with the accompanying budget!), and most recently topped off by the allocation of additional investment resources fueled by the commodities boom of the mid-2000s. Currently, in some countries, half of the national budget is now allocated to lower levels of governments.