The fourth World Forum on Local Economic Development (LED) will be held from 17 to 20 October 2017 in Praia, Cape Verde. This event is promoted by different international networks, including United Cities and Local Governments (UCLG), and is part of an open work process initiated in 2011. It is an ongoing process that promotes international dialogue and the exchange of experiences on local economic development, and culminates every two years with a global meeting. The first edition of the Forum took place in 2011 in Seville, the second edition in 2013 in Foz do Iguazu, Brazil, and the third edition was held in 2015 in Torino, Italy.
Today, Forum LED is a consolidated set of practices and tools aimed at increasing equal income opportunities and decent work. In the context of 2030 Agenda for Sustainable Development, this year the forum wants to be a strategic space for discussion on how local economic development can be an integral framework for localizing Sustainable Development Goals, and an opportunity to deal with the challenge of growing inequalities at the local level.
As a prelude to the Fourth World Forum, the Second Regional Forum of Latin America and the Caribbean was held in Cochabamba, Bolivia, from 27 to 30 June. The meeting identified the specific challenges faced by the Latin American and Caribbean region, among which we find growing inequality despite economic growth, confirming that a structural change must be promoted, to boost inclusion and sustainable development. You can check the statement here.