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.
By connecting economic growth with climate action, carbon markets can offer a pathway to mobilize funds for sustainable development in the world’s most vulnerable economies.
Global climate finance needs a quantum leap in both quantity and quality to address developing economies’ needs for a just transition towards sustainability and resilience.
The one-stop system streamlines trade formalities, enhances transparency and efficiency, boosting the country’s efforts to be a key transit hub for Central Asia and beyond.
Shifts in the car industry, which relies on extensive and complex supply chains, highlight the global economy’s evolution, where cost efficiencies and regional demand are reshaping traditional manufacturing hubs.
In a critical moment for the global economy, Secretary-General Rebeca Grynspan presented the organization's Trade and Development Report 2024 on 29 October 2024 in Geneva.
A continued slump in goods trade. An evolving technological landscape. The Global South is gaining weight. A rethink of development strategies is both timely and timeless.
UN Trade and Development (UNCTAD) calls for urgent policy shifts to reverse rising inequality, stagnant wages, and jobless growth, particularly in developing countries.
Multilateral action and strategic policy shifts are key to helping countries achieve sustainable development and navigate the risks and opportunities of a new growth era.
