News

Services sector remains hardest hit by the coronavirus pandemic, dropping to levels last seen in the 1990s, nowcasts from UNCTAD's 2020 Handbook of Statistics show.

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.

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.

Written by
Miho Shirotori and Bruno Antunes, UNCTAD

The coronavirus pandemic hits developing countries at a time when they have already been struggling with unsustainable debt burdens for many years, as well as with rising health needs. UNCTAD calls for $1 trillion in debt relief.

Written by Robert Hamwey, UNCTAD Economic Affairs Officer

Personal services sectors such as tourism, hospitality and retail at a standstill due to drastic measures taken in the fight against COVID-19.

UNCTAD coordinates activities to link trade with the sustainable use of biodiversity and maximize benefits.