Goal 07 Affordable and Clean Energy

New analysis fills data gaps, helping countries know how much they need to spend – and how best to allocate financial resources.

After a high-level discussion at the World Trade Organization, Mr. Moreno underlines the urgent need to align trade policies with climate goals, while paying special attention to vulnerable countries’ needs.

More than 7,000 stakeholders from 160 countries will convene in Abu Dhabi from 16 to 20 October to revitalize global investment flows across critical sectors.

UNCTAD presents a new toolbox to make international investment agreements actively support the shift from fossil fuels to renewable energy sources.

COP28’s second preparatory Global Dialogue and Investment-Focused Event will be held together with the forum, taking place in Abu Dhabi in October.

The UN climate summit in December will give more attention to how trade can help accelerate the clean energy transition and cut global emissions.

The World Investment Report 2023 shows developing countries need renewable energy investments of about $1.7 trillion annually but attracted only $544 billion in 2022.

Developing countries are facing a projected foregone income of $800 billion and battling unprecedented levels of debt distress.

By Shamika N. Sirimanne, Director of UNCTAD’s Division on Technology and Logistics

UNCTAD training inspires a nationwide project across key Peruvian ports, boosting progress towards sustainability, gender equality and economic development.