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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 provides pivotal support to UN Economic and Financial Committee
24 Nov 2023
The organization led the preparation of five UN Secretary-General reports and seven draft resolutions adopted during the 78th session of the UN Second Committee.
UNCTAD warns of policy-induced global recession
3 Oct 2022
Projecting global growth slowing to 2.2% in 2023, UNCTAD outlines actions to avert crisis and support developing countries exposed to cascading crises of debt, health and climate due to inadequate financial support.
Global energy market volatility leading to slower and divergent growth prospects across South and West Asia
3 Oct 2022
Commodity importers are hit hardest while fossil fuel exporters register temporary windfall gains.
External constraints, sluggish growth cast long economic shadow over Latin America and the Caribbean
3 Oct 2022
Many economies of the region are facing growing pressure on their external debt positions and the rising cost of living is a growing challenge to policymakers.
Asia's growth decelerates significantly amid deteriorating global conditions
3 Oct 2022
Regional growth is projected to pick up in 2023 but downside risks from China's greater-than-expected slowdown, the weakness of the global economy and policy shifts in advanced economies pose concern.
Africa's economic growth decelerates sharply
3 Oct 2022
Almost 60% of Africa's low-income countries are already in debt distress or at high risk of it and millions of Africans are falling back into poverty amid acute risks of food insecurity.
UNCTAD welcomes Paris Club debt agreement with Suriname
5 Jul 2022
The organization calls for all debt relief and restructuring to be consistent with the achievement of Agenda 2030.
Scaling up climate adaptation finance must be on the table at UN COP26
28 Oct 2021
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.
Green industrial policies key for developing countries to adapt to climate change
28 Oct 2021
Developing countries are already suffering relative economic losses three times greater than high-income countries due to climate-related disasters.
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