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Lower economic growth and trade disruptions in 2024 to impact development
16 Apr 2024
Global policy coordination remains key to safeguarding the world economy amid shifting trade patterns, soaring debt, and the climate crisis hitting developing countries hard.
Debt concerns grow as development aid shifts from grants to loans
15 Apr 2024
In 2022, Official Development Assistance loans rose by 11% to $61 billion, while grants fell by 8% to $109 billion – a shift that could increase developing country debt burdens.
Development aid hits record high but falls for developing countries
11 Apr 2024
Despite reaching historical levels in 2022, Official Development Assistance decreased by 2% ($4 billion) for developing regions, affecting over 70 countries and almost 3 billion people.
Advancing shared prosperity through biodiversity-friendly trade
27 Mar 2024
With the right policy and governance approach, sustainable trade can flourish and, in turn, nourish the very biodiversity on which it relies.
UNCTAD chief: Fractured world in crisis demands ‘immediate action’ from G20
29 Feb 2024
In Brazil, Secretary-General Rebeca Grynspan renews calls for global financial system reforms to ensure a more sustainable and inclusive future for all nations.
Poverty, debt and climate risks: UNCTAD deputy urges stronger support for middle-income countries
8 Feb 2024
These nations, home to about 62% of the world’s poor, grapple with critical challenges and lack necessary support, particularly in access to finance.
UNCTAD urges reforms on global debt architecture amid rising distress
7 Feb 2024
The UN's trade and development body outlines a set of recommendations to realign the global debt architecture with developing countries’ needs.
Gaza: Unprecedented destruction will take tens of billions of dollars and decades to reverse
31 Jan 2024
The report quantifies GDP loss, recovery timelines and the enduring effects on poverty and household expenditure, painting a daunting picture of the development challenges ahead.
Chair of G77 and China in Geneva passes from Tanzania to Cambodia
25 Jan 2024
Facing multiple and cascading crises, the world needs a strong and unified voice from the Global South more than ever, UNCTAD chief Rebeca Grynspan says at the handover ceremony.
UNCTAD chief calls for bolder cooperation and investments amid global economic shifts
20 Dec 2023
Opening the Trade and Development Board, Secretary-General Rebeca Grynspan highlighted pressing challenges facing the global economy and unveiled a new initiative for small island nations.
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