News

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

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.

As centers of economic activity, special economic zones are a crucial development tool for nations. A new global alliance could help amplify SEZ voices alongside a push to modernize the zones.

The outlook for infrastructure investment is strong due to COVID-19 stimulus packages, but investment in industry remains weak. And while high-income countries more than doubled quarterly FDI inflows, low-income economies suffered a further 9% decline.

Investment promotion agencies form Costa Rica, Mauritius, the Netherlands the Republic of Korea and Seychelles are honoured during the 7th World Investment Forum.