Small Island Developing States summit: UN experts urge States and development banks to support endangered islands
Stories & Blogs OHCHRMay 23, 2024(Press Release )UN human rights experts* today called for urgent action by States, financial institutions and development banks to support small island developing countries struggling with the triple burden of climate disasters, debt crisis and the aftermath of the COVID
Trade growth likely to pick up in 2024 in spite of challenging environment.
Stories & Blogs WTOApr 12, 2024(News )The latest edition of the WTO’s “Global Trade Outlook and Statistics” foresees a gradual recovery in world merchandise trade volume in 2024 and 2025. This follows a contraction in 2023 driven by the lingering effects of high energy prices and inflation in
Development aid hits record high but falls for developing countries
Stories & Blogs UNCTADApr 11, 2024(News )Despite reaching historical levels in 2022, Official Development Assistance decreased by 2% ($4 billion) for developing regions, affecting over 70 countries and almost 3 billion people.
UNCTAD rebrands to 'UN Trade and Development'
Stories & Blogs UNCTADApr 09, 2024(News )The strategic move underscores the organization's commitment to greater impact, with a new, clearer visual identity aiming to better reflect its work and values and to amplify its voice on behalf of developing countries.
African Economies Projected to Grow by 3.4 % in 2024, But Faster and More Equitable Growth Needed to Reduce Poverty
Stories & Blogs World BankApr 08, 2024(Press Release )Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa.
Critical minerals: Harnessing data key to unlocking hidden treasures
Stories & Blogs UNCTADMar 08, 2024(News )An UNCTAD solution for developing countries to digitalize and share data on natural resources gains renewed significance amid soaring demand for minerals vital for the transition to clean energy.
Trillion-dollar shift urgently needed to align global finance with climate and development goals
Stories & Blogs UNCTADMar 06, 2024(News )Eight years after the Paris Agreement, finance for fossil fuels continues unabated at trillions of dollars annually.
African economies to grow modestly in 2024 amidst high borrowing costs, geopolitical instability and climate change impacts, according to UN flagship economic report
Stories & Blogs UNJan 04, 2024(Press Release )Slower global growth, tightening monetary conditions and elevated inflation weigh on growth outlook and sustainable development.
UNCTAD urges channelling net-zero finance to support the energy transition in developing economies.
Stories & Blogs UNCTADOct 17, 2023(News )It issued the call at the 8th World Investment Forum, underscoring the vital need for capital in developing countries, where substantial growth opportunities exist.
World Investment Forum 2023: Global leaders urge action for sustainable development
Stories & Blogs UNCTADOct 16, 2023(News )The UN Secretary-General calls for the public and private sectors to deliver $500 billion a year in affordable, long-term financing to developing countries.