News

By Henrique Pacini, Economic Affairs Officer, UNCTAD, and Tze Ni Yeoh, Consultant, World Bank

Guidelines to help governments, companies and consumers benefit from sustainable trade in precious plants and animals now include elements such as climate resilience and marine biodiversity.

The island nation seeks to overcome the challenges on its development path to sustain the spectacular economic growth it has achieved in recent years.

Despite setbacks due to repeated natural disasters, the island nation has enjoyed steady economic growth since the mid-2000s.

The COVID-19 economic crisis is forecast to reverse years of painstaking development progress in education and nutrition, and to pull 32 million people back into extreme poverty.

The government sees honey as a product that could help diversify the country’s oil-dependent economy and is working with UNCTAD and the European Union to improve production and boost exports.

A new call to action urges countries to make BioTrade a lever for recovery and resilience in the wake of the pandemic.

The project is a point of convergence for conservation and sustainable use of marine resources, and a driver for a blue and green recovery from COVID-19.

Planned joint initiatives will improve the ability of countries in the Pacific to better tackle challenges such as climate change and pandemics such as COVID-19.

The study explores the environmental and resulting health impacts of pollutants generated by the manufacturing sector, often touted as a driver of economic growth.