Cooperation on sustainable and inclusive economies is a key priority under the Pan-American Window of the Americas and the Caribbean Regional Multiannual Indicative Programme (MIP). It also features prominently in the EU–LAC Roadmap 2023 as an area for building political alliances. AL-INVEST Next builds on AL-INVEST Verde programme (https://capacity4dev.europa.eu/projects/al-invest-verde-0_en) and aims to strengthen the EU’s partnership with the LAC region for sustainable and inclusive economic growth. It will help create the enabling conditions for the EU-LAC Global Gateway Investment Agenda, presented during the EU-CELAC Summit in July 2023 to be delivered. The programme supports knowledge exchange between EU and LAC private sectors and reflects the EU’s renewed approach to development cooperation. It builds on the achievements of the AL-INVEST Verde programme, integrates actions previously managed under the Foreign Policy Instrument (FPI), and supports new initiatives aligned with current EU strategic priorities.

The Inclusive Societies Regional Programme aims to reduce gender and social inequalities, reduce poverty and social exclusion, and promote social cohesion in Latin America and the Caribbean (LAC). It strengthens the social dimension of the EU-LAC Global Gateway Investment Agenda with a 360-degree approach, providing opportunities for collaboration between the public, private and non-profit sectors.

The ADELANTE Programme, first phase (2016-2020), supported 8 Triangular Cooperation projects in various thematic areas, in several countries, with all types of actors (more than 50 organisations from 18 countries in Latin America and the Caribbean, in addition to several European institutions), with diverse forms of collaboration between them and with different intervention strategies. These projects have contributed significantly to the Region's sustainable development and have generated interesting and useful sectoral and cross-cutting learning and experience exchanges.