Between the start of the COVID-19 pandemic and mid-2021, commodity prices increased across the region, with varied impacts on countries.
The mechanism could help avoid “carbon leakage”, but its impact on climate change would be limited – only a 0.1% drop in global CO2 emissions – with higher trade costs for developing countries.
About 64% of developing economies rely on exporting primary goods, and most risk continuing down a path of commodity dependence unless they embrace technology-enabled structural transformation.
The 2021 update of the UNCTAD SDG Pulse illustrates in numbers countries’ progress and challenges in achieving the sustainable development goals by 2030.
Economic losses are mounting in developing countries due to the absence of widespread COVID-19 vaccinations.
Five key messages from UNCTAD Special Adviser for the Blue Economy Dona Bertarelli on why the ocean needs protection more than ever, so it can continue to offer food and livelihoods to 3 billion people.
The region suffered the sharpest decline in foreign investment flows to developing countries in 2020.
Investment flows plunged globally by 35% in 2020 due to the COVID-19 crisis. The fall was heavily skewed towards developed economies.
BAMBUSA has already replaced over 5 million plastic straws with a sustainable bamboo version and is now turning the island’s discarded coconut shells into sustainable kitchenware.
Solving the challenges facing this diverse group of nations, which are home to three out of four people, is critical to putting the world on a more sustainable and inclusive post-COVID-19 development path.
