News

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

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.

By Bruno Antunes, Economist, UNCTAD

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.

Written by Dona Bertarelli, UNCTAD Special Adviser for the Blue Economy

The global tourism standstill due to COVID-19 has cost the sector dearly, especially in countries heavily reliant on it, like small island nations. A new UN report maps how tourism could be rebuilt.

UNCTAD estimates that for every $1 million lost in international tourism revenue, a country’s national income could drop by up to $3 million. The effects on employment could be dramatic.

The increasingly unsustainable use of marine resources for economic activities has hurt the health of our oceans, seas and coasts. Governments and businesses have the opportunity to turn the tide and make blue economy sectors more "green" in the wake of the coronavirus crisis.