News

By Rachid Bouhia, UNCTAD Economist

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

Rapid changes in global standard-setting put new strains on regulators, institutions and professional bodies in countries with weaker accounting and reporting ecosystems.

By Ian Richards, UNCTAD economist

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.

The ISAR awards have grown from strength to strength, with nearly 150 nominated for the awards by organizations from 40 countries representing six geographical regions, since they were launched in 2018.

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.