The renewal of the UN-backed initiative is vital to continuing to drive global food prices down and ensuring food security worldwide, especially in developing countries.
Almost 60% of Africa's low-income countries are already in debt distress or at high risk of it and millions of Africans are falling back into poverty amid acute risks of food insecurity.
Projecting global growth slowing to 2.2% in 2023, UNCTAD outlines actions to avert crisis and support developing countries exposed to cascading crises of debt, health and climate due to inadequate financial support.
UNCTAD urges the international community to extend sufficient and predictable financial support to the Palestinian people to alleviate suffering and prevent a deep socioeconomic crisis from worsening.
A new technical assistance project will modernize the Palestinian debt management system and train officials.
UNCTAD equips 300 women small-scale traders in five countries with greater knowledge of trade rules, customs procedures and entrepreneurship skills.
The continent’s free trade area, a growing middle class, an emerging consumer market, increased access to financial services and technology, and dynamic private entrepreneurs can help diversify African economies.
UNCTAD's TrainForTrade port management programme increases women's participation in leadership roles in ports, promoting gender equality in the industry.
The five advocates are successful women entrepreneurs and pioneers in the digital economy.