News

By Rachid Bouhia, UNCTAD Economist

By Paul Akiwumi, Director for Africa and Least Developed Countries, UNCTAD

By Rolf Traeger, Chief, Least Developed Countries Section, UNCTAD

A national trainer programme is increasing the local ownership and sustainability of an EU-funded UNCTAD project in the southern African nation.

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.

Productive transformation must be inclusive and sustainable to build back better after the COVID-19 pandemic and avoid a “lost decade” of development.

Participants from around the world submitted essays on the nexus between trade and gender, as part of an UNCTAD capacity-building initiative.

The funding will make the conference more inclusive and enhance the ownership and practical value of the negotiated UNCTAD15 outcome.

Without better state capacity – ability to accomplish policy goals – the world’s poorest countries will remain on the margins of the global economy.