News

By Rachid Bouhia, UNCTAD Economist

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

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

In 2021, the global economy will bounce back with growth of 5.3%, the fastest in nearly 50 years. The rebound is, however, highly uneven along regional, sectoral and income lines, according to UNCTAD’s Trade and Development Report 2021.

The world needs more effective multilateral coordination, without which recovery efforts in advanced countries will damage development prospects in the South and amplify existing inequalities, says UNCTAD’s Trade and Development Report 2021.

The Global Commodities Forum 2021 tackles the many facets of commodity dependence and the vulnerabilities of countries whose economies rely on primary goods exports.

Egypt needs to update its policy approach to economic transformation to fully benefit from the African Continental Free Trade Area.