A new UN Trade and Development (UNCTAD) report examines trade’s role in reducing food insecurity and preventing famine.
World trade is on track to hit a record $33 trillion in 2024, but risks of rising trade tensions and ongoing geopolitical challenges cast uncertainty over the outlook for 2025.
Secretary-General Rebeca Grynspan said high borrowing costs stifle growth and drain financial resources, restricting investments in infrastructure, social services, and climate action.
Secretary-General Rebeca Grynspan called for the support and resources needed for developing countries to fully benefit from shifts transforming the world economy.
The initiative aims to strengthen and coordinate the response to climate challenges, fostering economic development and meaningful climate action.
UN Trade and Development chief Rebeca Grynspan outlined four key actions: investment in infrastructure, fairer trade and market access, transparent governance, and faster knowledge sharing.
The need to align finance, trade and investment to foster sustainable and resilient development takes on extra urgency as climate challenges mount globally.
Cutting CO2 emissions while building a sustainable future requires urgent and decisive action to separate economic prosperity and energy access from CO2 emissions.
New opportunities abound despite the global economic slowdown. But strategic policy shifts are necessary to turn them into development gains.
In 2023, the market value of carbon credits from these vulnerable economies sat at $403 million – just 1% of total bilateral development aid.
