New UNCTAD estimates show that infrastructure finance is up due to recovery stimulus packages, but greenfield investment activity remains weak across industrial sectors.
A new free trade agreement, covering a third of the world economy, will eliminate 90% of tariffs among 15 East Asian and Pacific countries and is expected to boost intraregional exports by $42 billion.
The collective mark will help consumers select fishery and seafood products produced with sustainable and responsible practices that foster community development.
Slow progress in digitalization and paperless transactions, lack of transparency in regulatory procedures and weaknesses in long-term planning are among the issues holding back port performance in the region.
UNCTAD warns that global consumer prices will rise significantly in the year ahead until shipping supply chain disruptions are unblocked and port constraints and terminal inefficiencies are tackled.
UNCTAD predicts that annual growth in maritime trade between 2022 and 2026 will slow to 2.4%, compared to 2.9% over the past two decades.
UNCTAD tests a new training game that helps port managers to come up with solutions to make their ports more resilient and compliant with the UN Sustainable Development Goals.
UNCTAD’s TrainForTrade programme boosts the skills of port management practitioners and prepares them to tackle shocks and emerging challenges.
Developing countries are already suffering relative economic losses three times greater than high-income countries due to climate-related disasters.
Estimates indicate that annual climate adaptation costs in developing countries could reach $300 billion in 2030 and, if mitigation targets are breached, as much as $500 billion by 2050.
