Skills for work are undoubtedly a transformative force for Latin America and the Caribbean. The experience of some developed countries shows that when the workforce effectively responds to the human capital needs of businesses and the economy, productivity increases and leads to greater economic growth. Through the TVET Fund, the IDB is promoting innovative solutions that demonstrate how skill development systems can harness the opportunities offered by the Fourth Industrial Revolution, gender and diversity approaches, aging, climate change, and the COVID-19 pandemic to achieve a more sustainable and equitable future in the region.
This dossier contains 24 initiatives that showcase how to boost talent by using, for example, artificial intelligence to guide labor reskilling, introducing modern courses to provide training in green skills, and implementing training programs to facilitate remote work and meet the growing global demand for digital services.