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LATIN AMERICA AND THE CARIBBEAN - IFAD

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 1. IFAD
 2. Where we work
 3. Regions
 4. Latin America and the Caribbean


LATIN AMERICA AND THE CARIBBEAN 

40%

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of the world’s biodiversity found in the region
20%

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of the population lives in rural areas
5.8 million

--------------------------------------------------------------------------------

people in the region could fall into extreme poverty by 2030 due to climate
change
©IFAD/Délmer Membreño/Factstory


CONTEXT

Straddling a vast, geographically diverse area from the deserts of northern
Mexico to the glaciers of Tierra del Fuego, Latin America and the Caribbean is a
complex and captivating region.   

Decades of economic progress have brought most of its countries into the
middle-income range, buoyed by abundant natural resources and a dynamic
population. Its extensive forests and savannahs play a significant role in
shaping global weather patterns and mitigating climate change.  

As the world’s largest net food exporter, the region plays a key role in
stabilizing food prices and ensuring food security worldwide. Agriculture is an
essential part of the region’s economic landscape, contributing significantly to
GDP and employing millions of people in rural areas.  

However, persistent challenges have prevented the region from achieving its full
potential, including rural poverty, social inequality and environmental
degradation. Its agrifood systems are predominantly informal and rely on the
poorest and most vulnerable, often in remote and underserved areas.  

There are numerous opportunities to achieve the transformative change needed for
lasting, sustainable development.   

Rising demand for agricultural commodities, both regionally and globally,
presents a promising market for future generations of small-scale farmers. The
young people of Latin America and the Caribbean are an exceptional resource,
bringing energy, innovation, and fresh perspectives to the agricultural sector. 

Indigenous communities across the region possess invaluable knowledge of
sustainable agriculture practices. Integrated with modern techniques, these can
boost productivity and resilience in farming systems.  

Through targeted interventions to address knowledge gaps, financial exclusion
and limited access to markets, these key opportunities can be unlocked – and the
region can pave the way for a brighter future.

SEE THE LATEST UPDATES

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STRATEGY

IFAD has been active in the Latin America and the Caribbean region for nearly
five decades, pioneering transformative approaches to community-driven
development.  

Currently, IFAD is financing 29 active projects in the region, with a total
investment of US$486 million. These projects have already improved the
livelihoods of 286,000 rural households and are expected to reach a total of
361,000 households by their completion date. 

Our strategy is rooted in empowering local communities to forge their own paths
to prosperity, providing them with the necessary resources and support to
realize their aspirations.  

We tailor our strategy to each unique context, boosting livelihoods and building
resilience to external shocks through targeted interventions.  

IFAD is dedicated to protecting the region's natural resources, being conscious
that Latin America and the Caribbean region is home to over 40 per cent of the
world’s biodiversity and 57 per cent of its primary forests. By prioritizing
areas such as sustainable agriculture, climate-smart practices, and rural
finance, we support productivity increases while at the same time, safeguarding
the environment.

Our approach also focuses on ensuring that women, youth, and Indigenous Peoples
have equal access to resources and opportunities for economic empowerment.  

The dynamism of young people is a constant element in IFAD-supported projects,
from overcoming systemic barriers for agroecological transition in Argentina to
revitalizing and promoting their territories through gastronomy and tourism in
Bolivia, Colombia, and Honduras.  

Actions to empower women and tackle gender inequality include integrating the
IFAD-developed  Closing Gender Gaps methodology and creating entrepreneurial
opportunities, with a collaborative approach to transforming gender norms that
engages both women and men, such as through  the Nicaraguan Dry Corridor Rural
Family Sustainable Development Project (NICAVIDA). 

Meanwhile, the perspectives of Indigenous People are integrated into project
planning, for example through the Building Rural Entrepreneurial Capacities
Programme: Trust and Opportunity (TOP)  Project in Colombia. 

For decades, IFAD has strived to make a lasting impact on poverty reduction,
food security, and environmental sustainability in Latin America and the
Caribbean. We will continue to work towards a brighter and more equitable future
for rural communities, collaborating with partners across the public and private
sectors, and harnessing the collective efforts of diverse stakeholders to
catalyze sustainable rural development.

i



SEE ACTIVE PROJECTS IN LATIN AMERICA AND THE CARIBBEAN

Browse by
 * Countries
 * Income Category
 * Lending Terms

Argentina Belize Bolivia (Plurinational State of) Brazil Chile Colombia Costa
Rica Cuba Dominica Dominican Republic Ecuador El Salvador Grenada Guatemala
Guyana Haiti Honduras Jamaica Mexico Nicaragua Panama Paraguay Peru Saint Lucia
Saint Vincent and the Grenadines Suriname Uruguay
HIGH-INCOME COUNTRY

Chile Guyana Panama Uruguay
UPPER-MIDDLE-INCOME COUNTRY

Argentina Belize Brazil Colombia Costa Rica Cuba Dominica Dominican Republic
Ecuador El Salvador Grenada Guatemala Jamaica Mexico Paraguay Peru Saint Lucia
Saint Vincent and the Grenadines Suriname
LOWER-MIDDLE-INCOME COUNTRY

Bolivia (Plurinational State of) Haiti Honduras Nicaragua
HIGHLY CONCESSIONAL

Dominica Grenada Guyana Saint Lucia Saint Vincent and the Grenadines
BLEND

Honduras Nicaragua
DSF GRANT

Haiti
ORDINARY

Argentina Belize Bolivia (Plurinational State of) Brazil Chile Colombia Costa
Rica Cuba Dominican Republic Ecuador El Salvador Guatemala Jamaica Mexico Panama
Paraguay Peru Suriname Uruguay Venezuela (Bolivarian Republic of)


EXPERTS

Rossana Polastri

Director, Latin America and the Caribbean Division

r.polastri@ifad.org See bio

Ana Lucia Llerena

Communications Analyst, Latin America and the Caribbean

a.llerenavargas@ifad.org



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