News

A new free trade agreement, covering a third of the world economy, will eliminate 90% of tariffs among 15 East Asian and Pacific countries and is expected to boost intraregional exports by $42 billion.

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

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

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

COVID-19 has highlighted the gaps in existing multilateral and regional trade agreements in terms of ensuring protection and resilience during a global or regional crisis.

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.