Through this paper, Development strategies of selected Latin American and Caribbean countries and the green economy approach: A comparative analysis, UNEP aims to set the foundation for a post-Rio+20 regional debate on the potential of a green economy transition to sustainable development. The present study focuses on six countries that have expressed major concerns about the concept of green economy, namely: Argentina, Bolivia, Cuba, Ecuador, Nicaragua and Venezuela. All countries, except Argentina, are members of the Bolivarian Alliance for the Peoples of Our America (ALBA). The specific objective of the study is two-fold: to compare predominant elements of the development strategies of these countries with the green economy approach as defined by UNEP; and to analyse the concerns expressed with regard to the adoption of a green economy as a pathway towards sustainable development.