Now more than ever, multilateralism and international cooperation are essential to face the crisis that Covid-19 unleashed. More so in Latin America, a very unequal and vulnerable region subject to the pressure of external debt, the recurrence of natural disasters and that, slowly, becomes the virus’ hotspot.
Cases tripled in one month, and, despite being home to just 8% of the world's total population, Latin America recorded nearly half of the coronavirus-related deaths globally in the past two weeks, beating the figure of 100,000 deaths.
The Joint Summit Working Group (GTCC in Spanish) brings together 13 inter-American and international institutions. The GTCC is coordinated by the Organization of American States (OAS) and is made up of: the Inter-American Development Bank (IDB), the Development Bank of Latin America (CAF), the Economic Commission for Latin America (ECLAC), the World Bank world (WB), The Pan American Health Organization (PAHO), the Inter-American Institute for Cooperation on Agriculture (IICA), the Inter-American Bank for Economic Integration (CABEI), the Caribbean Development Bank (BCD), the International Organization for Migrations (IOM), the International Labor Organization (ILO), the United Nations Development Program (UNDP), the Organization for Economic Cooperation and Development (OECD) and the OAS itself. The group organizes, plans and executes projects that implement the summit commitments.