UN Trade and Development calls for innovative investment strategies to foster inclusive and sustainable economic growth.
Growth will remain below pre-pandemic levels for the third year, highlighting the need for structural reforms and global collaboration to address trade disruptions, climate change, and rising inequalities.
Global policy coordination remains key to safeguarding the world economy amid shifting trade patterns, soaring debt, and the climate crisis hitting developing countries hard.
In 2022, Official Development Assistance loans rose by 11% to $61 billion, while grants fell by 8% to $109 billion – a shift that could increase developing country debt burdens.
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.
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.
Higher price tags for chocolate lovers worldwide are in part linked to a changing climate pushing up cocoa costs.
The Eastern European nation makes strides towards simplifying transit customs procedure and joining the European Union Common Transit Convention, with technical support from UNCTAD.
An UNCTAD report highlights key lessons from the Republic of Korea’s journey from an exporter of cars and electronics to a cultural powerhouse.
The overall outlook for trade in 2024 is positive, with increasing demand for environmental goods, especially electric cars, set to play a crucial role in driving growth.
