News

By Rachid Bouhia, Economist, UNCTAD, and Emily Wilkinson, Researcher, ODI

Science, technology and innovation solutions hope to boost food security in developing countries as they seek ways to bounce back from COVID-19.

New projections show stronger growth than expected in 2021, but the untackled problems of inequality, indebtedness and weak investment threaten hopes for a more resilient future.

The technology that runs cryptocurrencies such as bitcoin could be used in many applications that contribute to sustainable development, from crop insurance to vaccine supply chains.

Although many low and middle-income economies are unprepared for the new technological wave, some are punching above their weight, and a new UNCTAD report spotlights the overperformers.

UNCTAD’s Technology and Innovation Report 2021 warns, however, of serious implications for development objectives if poor communities are overwhelmed or left behind by the new technological wave.

New funding will boost efforts to help developing countries better manage soaring debt levels and the resulting economic vulnerability, particularly in the aftermath of the coronavirus pandemic.

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.

Science, technology, and innovation set to boost post COVID-19 recovery as the continent seeks to tap its energy and agricultural sectors as tools for development and growth with UNCTAD’s help.

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