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In a joint article, the tree ambassadors highlight the role of the organization's automated system for customs data (ASYCUDA) in advancing climate goals while modernizing trade procedures worldwide.
By Luz María de la Mora, Director of International Trade and Commodities, UN Trade and Development (UNCTAD)
UN Trade and Development chief Rebeca Grynspan outlined four key actions: investment in infrastructure, fairer trade and market access, transparent governance, and faster knowledge sharing.
Changes are necessary to make trade preferences more effective in fostering growth and export diversification of developing countries.
By Rebeca Grynspan, Secretary-General, UN Trade and Development (UNCTAD)
The need to align finance, trade and investment to foster sustainable and resilient development takes on extra urgency as climate challenges mount globally.
Cutting CO2 emissions while building a sustainable future requires urgent and decisive action to separate economic prosperity and energy access from CO2 emissions.
New opportunities abound despite the global economic slowdown. But strategic policy shifts are necessary to turn them into development gains.
In 2023, the market value of carbon credits from these vulnerable economies sat at $403 million – just 1% of total bilateral development aid.
By connecting economic growth with climate action, carbon markets can offer a pathway to mobilize funds for sustainable development in the world’s most vulnerable economies.
