This document outlines the objectives and strategy of a program to support decentralization and local economic development in Latin American countries. [The general objective is to build capacity for public-private integrated management of sustainable LED processes in Argentina, Brasil, Chile, Guatemala and Peru.] [The specific objective is to train technical and policy professionals to design, implement, and manage production sector development and job creation initiatives using an LED and decent work approach.] [The strategy includes components for strategic alliances, diagnosis and training materials, LED courses, online learning, knowledge management, and monitoring impacts such as improved business climate, increased investment and employment, and growth in the number of LED initiatives.]