Okay kiddo, so the Lima Consensus is basically a very important agreement that was signed by lots of different countries in Latin America and the Caribbean region.
It happened back in 2015 and was named after the city in Peru where all the leaders of these countries met to talk about some big issues they were facing.
One of the things they talked about was how to promote economic growth, reduce poverty, and improve the quality of life for all the people in their countries. They also talked about ways to address climate change and protect the environment.
They all agreed to work together to achieve these goals and to support each other in doing so. They also promised to respect each other's sovereignty and to promote democracy and human rights in their respective countries.
In short, the Lima Consensus is an important agreement that shows how countries can come together to tackle big problems and work towards a better future for everyone.