News

By Rebeca Grynspan, Secretary-General of UNCTAD

But the world’s largest free trade area needs measures to boost productivity and expand opportunities.

By David Vivas-Eugui, Legal Officer, and Henrique Pacini, Economist, UNCTAD

UNCTAD says the African Continental Free Trade Area could boost intra-African trade by up to 33% and cut the continent’s trade deficit by 51%.

Young climate activists joined world leaders, negotiators and senior figures to demand immediate action to limit planetary warming to 1.5 Celsius and secure their future.

The study assesses the export-associated pollution generated by the manufacturing sector, a key driver of economic growth.

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.

Developing countries are already suffering relative economic losses three times greater than high-income countries due to climate-related disasters.

A team of young Italian activists led by Daniele Guadagnolo have positioned themselves as advocates of sustainability, determined to meet the climate crisis at humanity’s doorstep.

Facilitating market access, finance and technology transfer of ocean-based goods and services will help countries recover faster from the COVID-19 pandemic.