News

The pandemic has posed challenges but also created opportunities for workers and businesses producing and selling biodiversity-based goods and services.

By Kweku Attafuah-Wadee, Lalen Lleander and Henrique Pacini, UNCTAD Economists

The world’s poorest nations face many obstacles, including soaring debt, export marginalization, energy poverty and climate vulnerability.

UNCTAD’s rapid assessment of the war’s impact on trade and development shows a rapidly worsening outlook for the world economy, with the situation especially alarming for African and least developed countries.

Written by: Yann Duval, Sangwon Lim and Mahezabin Natasha, Article No. 84 [UNCTAD Transport and Trade Facilitation Newsletter N°93 - First Quarter 2022]

By Henrique Pacini and Kweku Attafuah-Wadee, UNCTAD Economists

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.

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.