Instability in the region, combined with the lack of economic opportunity and the youthful population, has caused significant migrant flows from the three countries to the United States. Starting under President Obama, several administrations have sought to tackle the so-called “root causes” of migration to reduce the number of migrants crossing the southern border.
The Northern Triangle does possess significant economic opportunities if married with the necessary private capital. Agriculture and the domain of climate and green energy stand out as two of the main areas for which investment can stimulate impactful economic opportunity, not only in the targeted sectors but in further sectors as well.
In the climate and green energy space, innovation in new technologies and youth entrepreneurship programs can inspire the new generation to contribute to the growth of economic opportunities in the region. Increased investment into renewable energy is beneficial both for combating climate change and for increasing economic opportunity, as it creates high-paying jobs and decreases the regional dependence on agriculture.
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