News

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.

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.

The policy experiences that transformed China from a manufacturing assembly hub of the world to an economic powerhouse offer valuable lessons for countries in the global south.

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.

Written by Richard Kozul-Wright, Director of Globalization and Development Strategies, UNCTAD

Written by By Pamela Coke-Hamilton, Director, Division on International Trade and Commodities, UNCTAD