Unleashing adaptive potential for social protection: Good adaptive social protection practices in Latin America and the Caribbean
This report provides a comprehensive snapshot of good practices related to adaptive social protection advancements within the Latin American Caribbean (LAC) region. The report draws upon country-level assessments, specifically the Stress Test assessments, conducted by the World Bank over the past two years in the region and predominantly centers on social assistance and cash transfer programs as key components of adaptive social protection.
The findings state that countries in the LAC region are frequently regarded as champions in the field of social protection. Significant progress has been made in devising robust social protection systems, with varying degrees of success across different countries and sub-regions. However, many countries in the LAC region are still struggling to shift from the launch of ad hoc shock responses to a more predictive and risk-informed modus operandi of providing assistance to shock-affected populations in the aftermath of extreme events