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UNCTAD annual report 2020

FOREWORD

The world looked completely different in 2020, which for many was a year of hardship and pain.

COVID-19 swept across the world like a hurricane, claiming lives and jobs, spawning a massive health crisis and dismantling economies. No part of the world was spared, showing our collective vulnerability and our interconnectedness.

The pandemic laid bare fractures and fault lines that have deepened across the global economy. From widening inequalities that have fuelled popular discontent with globalization to deepening digital and gender divides and uneven vulnerabilities to climate change, COVID-19 emphasized the reality that we cannot ensure prosperity for all without fixing the many fractures staring us in the face.

Despite the monumental disruptions caused by COVID-19, UNCTAD proved to be pandemic-proof by adapting to resource constraints, exercising flexibility, pulling out all the stops to deliver on our mandate using innovative approaches and providing maximum support to all stakeholders, with positive results.

We acted quickly. We shared best practices with member States as they struggled to keep economies afloat while taking measures to contain the impact of the pandemic. We worked with investment promotion agencies to determine where funds were needed the most. We reoriented the focus of our analytical work to offer insights on how to tackle the fallout from the pandemic.

UNCTAD issued timely and regular policy advice on trade, investment, debt management and other issues to guide global efforts to cushion against COVID-19’s onslaught on economies. We convened numerous online meetings with governments and thought leaders, including across the UN system, and redesigned our projects to provide tailored solutions on the ground to blunt the impact of the pandemic.

After hardship comes relief, as the Swahili saying goes. The year ended on a hopeful note, with COVID-19 vaccines promising to bring back a sense of normalcy. As the world takes the first steps on the road to recovery from the pandemic, UNCTAD will amplify its efforts in supporting developing countries to build a better future, together.

Signature
Mukhisa Kituyi
UNCTAD Secretary-General

 

Secretary-General Mukhisa Kituyi

 

 

Impact stories

Life after lockdown: Rebuilding tourism globally, sustainably

Life after lockdown: Rebuilding tourism globally, sustainably

The global tourism standstill due to COVID-19 has cost the sector dearly, especially in countries heavily reliant on it, like small island nations. UN report maps how tourism could be rebuilt.

 

COVID-19: Senegalese e-payment company shows resilience in a time of crisis

COVID-19: Senegalese e-payment company shows resilience in a time of crisis

Youma Dieng Fall, co-founder of PayDunya and member of UNCTAD’s eTrade for Women community, shares how the business has adapted to the coronavirus crisis, bouncing back stronger from the shock.

 

Betting on the untapped potential of Angolan honey

Betting on the untapped potential of Angolan honey

The government sees honey as a product that could help diversify the country’s oil-dependent economy and is working with UNCTAD and the European Union to improve production and boost exports.

 

Jordanian woman techpreneur scoops UN business award

Jordanian woman techpreneur scoops UN business award

Ten finalists in the UNCTAD Empretec Women in Business Awards demonstrate how resilience, sustainability, circularity and inclusiveness are critical success factors in their ventures.

 

Flagship Reports issued in 2020

Trade and Development Report

UNCTAD called for an ambitious global plan and multilateral measures to ensure a better recovery from COVID-19 and return even the most vulnerable countries to a stronger socioeconomic position than they were in before the pandemic. We warned that if austerity wins out again, then a “lost decade” would be unavoidable, spelling an end to the 2030 Agenda for Sustainable Development.

 

The Least Developed Countries Report

UNCTAD warned that the COVID-19 economic crisis would worsen poverty in the world’s 47 poorest nations or least developed countries (LDCs) and push as many as 32 million people in LDCs into extreme poverty, reversing years of painstaking development progress. We urged the international community to ramp up efforts to improve productive capacities in LDCs to help them cope with the fallout from the pandemic.

 

Economic Develpment in Africa Report

UNCTAD forecast that global foreign direct investment flows would decrease by up to 40% in 2020, from their 2019 value of $1.54 trillion, due to the COVID-19 pandemic. We noted that developing countries were hit the hardest by the steep plunge and investment flows were expected to slowly recover starting 2022.

 

Review of Maritime Transport

UNCTAD outlined how COVID-19 had both sent shockwaves through global maritime transport and laid the foundations for a transformed industry and associated supply chains. We projected that after an estimated 4.1% plunge in 2020 due to the unprecedented disruption caused by the pandemic, global maritime trade growth would return to a positive territory and expand by 4.8% in 2021, assuming world economic output recovers.

 

Handbook of Statistics

UNCTAD showed that the value of global merchandise trade would fall by 5.6% in 2020 compared with 2019, due to the coronavirus pandemic, marking the biggest fall in merchandise trade since 2009, when trade fell by 22%. It also revealed that the services sector was hit the hardest by the pandemic, dropping by 15.4% in 2020 compared with 2019, the biggest decline in services trade since 1990.

 

World Investment Report

We revealed that global foreign direct investment flows slid by 13% in 2018, from $1.5 trillion the previous year to $1.3 trillion – the third consecutive annual decline.

 

Work on the ground

ASYCUDA

ASYCUDA helps countries reform customs regimes, facilitate trade

Since its inception, the UNCTAD Automated System for Customs Data (ASYCUDA) programme has assisted member States in reforming their customs regimes, procedures and systems in line with international standards and best practices.

DMFAS online support

DMFAS responds to countries’ needs for support in debt management

The work of the Debt Management and Financial Analysis System (DMFAS) programme in 2020 was largely driven by its response to countries’ needs for support in debt management resulting from the COVID-19 crisis.
 

Topics

Africa
Africa
We provided policy advice, technical assistance and mobilized international support to help African countries cope with the socio-economic costs of the COVID-19 pandemic.
News | Projects | Meetings and Events | Documents and Publications

 

Commodities
Commodities
We helped countries explore ways to break away from commodity dependence by diversifying their economies, as the coronavirus accentuated the fragile macroeconomic situation in such nations.
News | Projects | Meetings and Events | Documents and Publications

 

Competition and consumer protection
Competition and consumer protection
We supported countries to ensure effective consumer protection, protect competition in the digital economy, and tackle fraudulent and deceptive commercial practices, as COVID-19 pushed more economic activities online.
News | Meetings and Events | Documents and Publications
Debt and development finance
Debt and development finance
We supported effective debt management and called for relief for developing countries, as the pandemic hit them at a time when they had already been struggling with unsustainable debt burdens for many years.
News | Project | Documents and Publications
E-commerce and the digital economy
E-commerce and the digital economy
We enhanced the capacities of developing countries to harness the evolving digital economy as the coronavirus pandemic accelerated digitalization globally.
News | Special Initiatives | Meetings and Events | Documents and Publications
Enterprise development
Enterprise development
We worked with countries to help their small and medium-sized enterprises stay afloat amid the pandemic.
News | Projects | Meetings and Events | Documents and Publications
Gender equality
Gender equality
We analysed the gender effects of COVID-19 and equipped stakeholders to promote gender-responsive policies as a key element to achieving inclusive recovery from the pandemic.
News | Projects | Meetings and Events | Documents and Publications
Investment
Investment
We worked with countries to attract foreign direct investment into areas where needs were greatest, after COVID-19 drastically slashed flows. The biggest drops occurred in developed countries, cutting across all major forms of foreign direct investment.
News | Meetings and Events | Documents and Publications
Landlocked developing countries
Landlocked developing countries
As COVID-19 induced lockdowns globally, we supported landlocked developing countries to address their special trade and development challenges, arising from their lack of territorial access to the sea and geographical remoteness from international markets.
News | Projects | Meetings and Events | Documents and Publications
Least developed countries
Least developed countries
We supported least developed countries to achieve structural economic transformation, increase productive capacity, reduce poverty and avoid a lost decade following the COVID-19 pandemic.
News | Projects | Meetings and Events | Documents and Publications
Macroeconomics
Macroeconomics
We supported countries to ensure sound macroeconomic management drives efforts to rebuild economies post-COVID-19 and deliver on the 2030 Agenda for Sustainable Development.
News | Projects | Meetings and Events | Documents and Publications
Palestinian people
Palestinian people
We examined and reported on the economic impact of COVID-19 on Palestine’s shattered economy, as well as the cost of the Israeli occupation.
News | Project | Documents and Publications
Science, technology and innovation
Science, technology and innovation
We helped countries determine how international cooperation on the science, technology and innovation frontiers can fast-track post-COVID-19 recovery and accelerate sustainable development.
News | Project | Meetings and Events | Documents and Publications
 Small island developing states
Small island developing states
We advocated for urgent and concrete support for small island developing states, which were disproportionately hit by the COVID-19 shock on their economies, especially due to their heavy reliance on tourism, which the pandemic put at a standstill.
News | Project | Documents and Publications
South-South cooperation
South-South cooperation
We continued to help countries in the global south scale up their cooperation in the face of the COVID-19 pandemic, which underscored the need for strengthened South-South cooperation and solidarity.
News | Meetings and Events | Documents and Publications
Trade agreements
Trade agreements
We continued to support governments to make trade multilateralism fit for purpose to better tackle the coronavirus crisis, which heightened calls for reforms to multilateral trade cooperation for a stronger economic recovery.
News | Meetings and Events | Documents and Publications
Trade analysis
Trade analysis
We continued to monitor trends and provide evidence-based analysis on the impact of COVID-19 on international trade and how countries could fix the global economy in the wake of the pandemic.
News | Meetings and Events | Documents and Publications
Trade and environment
Trade and environment
We worked with governments to make green and blue economies levers for recovery and resilience in the wake of the COVID-19 pandemic, while ensuring trade is part of the solution to the climate crisis.
News | Projects | Documents and Publications
Training and capacity building
Training and capacity building
We continued to provide capacity-building services to strengthen public and private sector professionals’ knowledge and skills, as part of efforts to help countries tackle the impacts of the coronavirus pandemic.
News | Meetings and Events | Documents and Publications
Transport, logistics and trade facilitation
Transport, logistics and trade facilitation
We supported countries to navigate the shockwaves the COVID-19 pandemic sent through global maritime transport, by implementing sustainable and resilient freight transportation and logistics services to enhance trade.
News | Meetings and Events | Project | Documents and Publications
Youth
Youth

We continued to empower young people to contribute to solving the challenges brought by the COVID-19 pandemic and to help build a better future for all.

 

 

 

Innovation

SDG Trade Monitor

New portal tracks trade's contribution to sustainable development

UNCTAD launched the SDG Trade Monitor in October to offer a one-stop shop for updated and disaggregated official data on global trade's contribution to the SDGs.

The web-based database is a product of joint efforts with the International Trade Centre and the World Trade Organization. The monitor allows users to conduct customized analysis to assess trade's contribution under the 2030 Agenda for Sustainable Development.

 

 

Platform powers registration of over 25,000 businesses in Cameroon

Over 25,000 small and medium enterprises in Cameroon joined the formal sector by registering their operations through UNCTAD's eRegistrations online platform launched in the country in 2016.

The platform allowed residents of Douala, Yaoundé, Garoua and surrounding regions to conveniently register businesses and create jobs even amid the economic crisis caused by the COVID-19 pandemic.

 

Business Facilitation

Partnerships

Dutch funding

Dutch funding set to boost UNCTAD’s work on e-commerce and the digital economy

In November 2020, the Dutch government announced additional funding of $1.5 million for UNCTAD's eTrade Readiness Assessments, more than doubling its financial support to the organization's work on e-commerce and the digital economy for the 2021 to 2022 period.
 

Pacific islands

New agreement signals more trade benefits for Pacific nations

In October 2020, UNCTAD signed a new agreement with the Pacific Islands Forum to enhance trade benefits in Pacific nations. Planned joint initiatives will improve the ability of countries in the Pacific to better tackle challenges such as climate change and pandemics such as COVID-19.
 

Trade facilitation

UK provides £1.4 million more for trade facilitation initiatives

In April 2020, the United Kingdom government, through its Department for International Development, injected an additional £1.4 million ($1.7 million) to UNCTAD's work on trade facilitation, extending its support to March 2022.
 

Science and technology

Partnering to nurture scientific talent in developing countries

In January 2020, UNCTAD and Okayama University in Japan joined forces to foster and nurture young scientific talent in developing countries. They inked an agreement to offer joint research and training courses to young female scientists from developing countries and opportunities for doctoral studies to young scientists from those nations.
 

Forums

8th UN Review Conference

Stronger competition and consumer protection needed in the digital economy

COVID-19 pushed more economic activities online, raising concerns globally about competition and consumer protection in the digital economy. When 104 nations convened online in October for the Eighth United Nations Conference on Competition and Consumer Protection, UNCTAD recommended key actions that governments should take to strengthen consumer protection and competition.

Participants called on member States to ensure effective consumer protection, promote and protect competition in the digital economy, and facilitate international cooperation between national authorities so they can deal more effectively with fraudulent and deceptive commercial practices and anticompetitive business practices in digital markets.

 

Download Report

 

UN-CSTD

Science, technology and innovation policies crucial in COVID-19 recovery

Science, technology and innovation (STI) policies will play a key role not only in post-COVID-19 recovery plans, but also in the decade of action to deliver on the 2030 Agenda for Sustainable Development, was a key message of the 23rd session of the UN's Commission on Science and Technology for Development (CSTD) held in June.

Member States discussed how to harness STI to accelerate progress on the SDGs and to address the pandemic. They shared their experiences of using STI in their COVID-19 responses by using data science and digital tools for tracking and tracing the virus and the local production of sanitizers and medical equipment such as ventilators.

Attendees expressed solidarity and reaffirmed the importance of supporting research and development and innovation activities as well as skills development.

 

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eWeek

Exploring post-coronavirus digital economy solutions

Digital solutions and policies to help the world recover better from the coronavirus crisis were in sharp focus during UNCTAD's eWeek event held in April and May.

The event shone a light on the critical role played by digital technologies in the response to the pandemic - from powering e-commerce to accelerating the development of a vaccine.

It also examined the significant development dimensions of the glaring digital divide, with only half of the world's 7.7 billion people online. The pandemic highlighted the urgency to close the divide as lockdowns showed that the internet is a necessity, not a luxury.

 

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Geographic distribution of donors

Geographic distribution of donors

Donors

Donors

Projects

 

Projects

ASYCUDA continued to be the largest technical assistance activity of UNCTAD, accounting for 46.02% of total technical cooperation delivery in 2020, followed by DMFAS accounting for 22.18%
 

Project expenditure by region

Expenditure Africa

Expenditure Asia

Expenditure Latin America

Expenditure Europe

Expenditure North America

Expenditure Inta Regional

 

6  UNCTAD facts and figures for 2020

Promoting
development
Years
57
years


Membership Membership
195
member States


Staff members Staff members
456


Regular budget Millions
68
million

Extrabudgetary
expenditure
Millions
42
million


Projects Projects
218
in 80 countries
 

Offices

UNCTAD offices

New York Office Addis Ababa Office

Management highlights for 2020

 

New annual budget cycle and results

As part of UN management reform, the biannual regular budget process was simplified and adjusted to an annual cycle. This resulted in shorter budgeting timelines, enhanced planning, and increased responsiveness to emerging demands by member states.

The new format and shorter cycle also allow our managers to estimate resources more accurately and make more informed planning assumptions, which improves their accountability for results.

Adapting throughout the COVID-19 pandemic

In 2020, pandemic-dictated lockdowns and travel restrictions greatly reduced opportunities for in-person interaction and “business as usual” for us, as they were for many individuals and organizations.

We immediately shifted to virtual meetings and working arrangements, switching to digital platforms to deliver services to our clients. This allowed us to continue our work while demonstrating adaptability and flexibility.

Transparency and oversight

We place a premium on having a robust and independent oversight of our activities. We strictly adhere to all recommendations, resulting in an implementation rate of more than 97%.

Entities assuring UNCTAD’s independent oversight include the Office of Internal Oversight Services (OIOS), which constitutes the internal oversight body of the UN, and the Board of Auditors (BoA), through which member states’ supreme audit institutions provide external audit to the UN on a rotating basis.

We achieved 100% implementation for the recommendations made for us during the BoA audit conducted in 2019 and 2020. We also achieved 97% implementation for OIOS recommendations planned for 2020.

Umoja

We continued using the UN’s end-to-end enterprise resource planning (ERP) system, Umoja, for strategic decision-making and effective management of programmes and projects.

Umoja enables a harmonized and streamlined approach to the UN’s management of finance, human resources, procurement, assets, programme planning, and performance results, in an integrated manner across all duty stations.

First introduced at UNCTAD in 2015, Umoja has seen tremendous continuous development. Recent additions include a module comprising strategic planning, budgeting and performance management, which allows that for the first time, mandated programmes and related results are linked with their associated human and financial resources.

Another recent module introduced in 2020 comprises integrated planning, management and reporting, allowing managers to plan and monitor their substantive work and resources based on defined activities, tasks and timetables, utilizing the results-based management methodology.

Delegation of authority

UNCTAD has benefitted from implementing the UN’s revised delegation of authority framework, which entered into effect on 1 January 2019, bringing decision-making closer to the point of service delivery by decentralizing authority directly to entities.

The framework operates under the premise that accountability is strengthened when heads of UN Secretariat entities have direct authority and can subdelegate it to responsible managers, instead of it being concentrated more centrally.

Under the new framework, we now have direct authority and accountability over decisions impacting our human, financial and physical resources.

Management commitments

We hold ourselves to a high standard of ethics and integrity. This includes the proactive identification and mitigation of any potential conflicts of interest, zero tolerance of sexual harassment and abuse, and taking our environmental responsibility seriously.

Financial disclosure programme

We continued implementing the UN Financial Disclosure Programme, designed to identify, resolve and mitigate conflict of interest risks arising from staff members' personal financial assets, liabilities, investments and outside activities.

All staff members at the director level and above, and those with specific financial and procurement responsibilities, are required to complete a confidential online annual disclosure of the assets, liabilities, outside activities, and affiliations for themselves, their spouses and dependent children.

Zero tolerance of sexual harassment and abuse

We have made multiple commitments to keep our staff and conference participants safe, including by adhering to UN Secretary-General António Guterres’ initiatives to prevent and respond to sexual exploitation and abuse, and the UN’s Model Code of Conduct to prevent harassment at UN system events.

We require all our partners to affirm their zero tolerance for sexual harassment, exploitation and abuse, and firmly commit to the prevention thereof. Our due diligence process also requires that the prospective partner has not been found to have any convictions, charges, investigations or allegations relating to sexual abuse and/or harassment.

Environmental responsibility

We are doing our part against climate change: In 2007, we embarked on a journey to integrate environmental sustainability in our facilities and operations.

Since then, the United Nations Environment Programme annually collects and analyses environmental impact information for each UN system entity and publishes this data, most recently in the Greening the Blue Report 2020: The UN system’s environmental footprint and efforts to reduce it.

We are collocated with the United Nations Office at Geneva, which, in 2020, fully met four out of five of the “Greening the Blue” environmental performance indicators.

With respect to the minimum necessary travel UNCTAD undertakes, we purchase carbon offsets.

Our ministerial quadrennial conference is paper smart and makes predominant use of digital technologies. All our services, including research and policy advice to clients throughout the world, are also available online.

 

 

Palais des Nations

Annual Report 2020 communications results

Communications and external relations:
Superb results for the year

Thanks to robust communications and external relations activities, public interest in our work grew substantially in 2020.

Readership of news on our website increased by a whopping 234%, as readers sought more information, data and analysis on trade and development issues amid the COVID-19 crisis.

Also, UNCTAD emerged second out of 23 agencies in the 2020 ranking of the Association of Accredited Media to UN Geneva for its sterling media outreach work, climbing from the fifth position it held in 2019.

 

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